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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business Review

In fact, 2018 may mark the first year shale producers will be able to fund future expansions of drilling programs through their own cash flow. Most major producers with large balance sheets will likely hedge their bets and attempt both. These increasingly efficient survivors now represent half of U.S.

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How Companies Can Use Investors to Their Advantage

Harvard Business Review

While companies are required to share the same materials with all investors, they can emphasize the elements that will be most relevant to particular investor segments—highlighting stable cash flow for pension funds or payouts for growth-oriented investors, for example.