Jefferies analyst Jason Gammel pegs second-quarter 2020 as the most difficult in the history of the U.S. shale industry. That’s probably no surprise to those of you who lived it, but the chasm that was 2Q20 may become the catalyst for everlasting change. That is, changing the E&P business model from growth to value oriented. 

Gammel asks, “Have U.S. E&Ps found religion?” 

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