The U.S. shale patch has been disappointing shareholders for over a decade now, struggling to return profits to investors. This year, all of that is going to change as the U.S. shale patch is set to generate record profits due to high oil prices and shareholder-focused strategies. The earnings that have been reported so far suggest that Q2 will be the best ever quarter for the U.S. shale patch. After a decade of losses and shareholder frustration, the U.S. shale patch is generating record amounts of cash flows and is earning record profits this year as oil prices soar while firms prioritize returns to investors. The public independent U.S. shale producers already had a blockbuster first quarter , with many generating record cash flows and profits and vowing to increase shareholder returns after years of corporate losses and little payback to investors. Moreover, analysts say the second quarter will […]