Kimmeridge Report Makes Case for Fewer & Bigger Shale Drillers

Kimmeridge Energy, a private investment firm focused on the energy sector, yesterday published a white paper entitled, "I Still Haven't Found What I'm Looking For." The thesis of the Kimmeridge report is that there are still too many (and too small) drillers in the shale sector. Kimmeridge believes we need consolidation into fewer, and bigger, companies. Why? There are not enough investors to go around, according to the report. As a result, the valuation of existing too-many public companies is too low. The fix is for fewer and bigger shale drillers.

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