US shale profits soar after a decade of debt-fuelled loses

US shale drillers are expected to post record second-quarter profits this week, reversing nearly a decade of debt-fueled losses,

US shale profits soar after a decade of debt-fuelled loses US shale profits soar after a decade of debt-fuelled loses US shale profits soar after a decade of debt-fuelled loses US shale profits soar after a decade of debt-fuelled loses US shale profits soar after a decade of debt-fuelled loses

The top 28 publicly traded US independent oil producers generated $25.5 billion in free cash flow in the three months to June 30, according to estimates compiled by Bloomberg.