Higher-Than-Expected Shale Declines Shouldn't Worry Investors
In a recent study, The Wall Street Journal showed that most shale wells are failing to live up to company expectations, stoking fear that firms will have to spend more to sustain their production. The implied result: lower profitability and perhaps higher crude prices. In our own analysis, we found that decline rates are not typically decreasing to the 6%-10% range that the industry expects and are actually trending closer to 15%. Therefore, our models--which previously incorporated terminal dec...EOG Resources, together with its subsidiaries, explores for, develops, produces and markets crude oil, natural gas liquids and natural gas primarily in main producing basins in the United States, The Republic of Trinidad and Tobago, The People's Republic of China, Canada and, from time to time, select other international areas.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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