by Steve St. Angelo
The top U.S. shale gas producers have seen their stock prices decimated from their highs reached in 2014. What’s even worse is that the horrible stock performance occurs even with a nearly doubling of these shale companies’ gas production.
While likely everyone heard the news that Chesapeake Energy, the United States’ second-largest shale gas producer, declared bankruptcy last month, little is known about its competitors. For example, the country’s third-largest shale gas producer, Antero Resources stock price lost 96% of its value from its high in 2014.
Here are the leading U.S. shale gas producers stock performance from their 2014 highs: