Up until now Shale companies ran on debt and lots of it. But Operating Cash flow is finally covering the cost of Capital Expenditures. That suggests that moving forward, the shale industry could move into cash flow positive territory.
Oil Prices High Enough to Spark Shale Rebound Read More »
At the Federal Reserve’s recent policy meeting on Wednesday, December 14th the FED raised their federal-funds target interest rate by a quarter percentage point, to range between 0.50% and 0.75%. Fed officials pointed to a strengthening economy and inflation nearing their targeted level of 2%. According to the The Wall Stree Journal “The Fed’s more
FED Raises Interest Rates- ROC’s Retain Buy Signal Read More »
There’s no doubt that cars are safer today than they used to be. In 1970 there were 25 automobile fatalities per 100,000 people in the United States according to Wikipedia. In 2014 that number had shrunk to 10 per 100,000 even though the number of miles driven increased by almost 300%. Technological advances along with stricter government regulations have combined to contribute to the increase in car safety. Here are some of the recent innovations that have helped.
Auto Safety Trends Read More »
