Meet The Biggest Losers Of The U.S. Shale Bust

After a decade of unprecedented growth and seemingly endless investments, the writing is now on the wall: the Great American Shale Boom is slowing down and this could have some grave consequences both the industry and the financial markets.  A total of 32 oil and gas drillers have filed for bankruptcy through the third quarter, with the total number of bankruptcy filings since 2015 now clocking in at more than 200. Unlike Phase 1 of the oil bust that featured shale production declining due to an epic global price collapse, the current slowdown…