Shale gas stocks boomed in 2020 as oil got crushed; 2021 outlook is positive

Shale gas stocks boomed in 2020 as oil got crushed; 2021 outlook is positive

After years of punishment as the shale gas boom imploded, many shale gas stocks outperformed major indexes and their oil and gas peers in 2020 because of increasing investor confidence that natural gas prices will be consistently higher in 2021 and drillers will spend less.

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