RE:Shale giants say they won't drill moreYupp. And Canadian producers are much better positioned, with much stronger balance sheets. If you look at what's happening on the Nasdaq and Dow, growthy names with extreme valuations are being severely punished and many think it's just beginning. We're going to see a rotation back to the fundamentals of earnings, profits and sound financial moats.
I for one am glad ARX is hammering its debt QoQ with commodities at these levels. There's a broader market storm coming and the strong will survive.