Less than a minute
95 words
6 views
In financial and investment circles, mystery and high stakes frequently go hand in hand. For more than a decade, esoteric fracking companies have been hot cakes for investors – particularly private equities – chasing high yields and growth, in large part due to the industry’s huge appetite for capital. But lately, the tables have turned. Investors are now shying away from energy plays amid growing concerns of dwindling cash flows, credibility and carbon. The E&P (Exploration and Production) sector is experiencing…