The buoyant shale oil production is running out of steam. The boom was followed by a series of bankruptcies. Investors are losing interest in the shale projects. It means that stocks of shale energy companies have been in the downtrend. Assessing metrics from the shale industry in 2019, experts at Hayes and Boone's reckoned that 50 companies of the shale sector declared bankruptcy in the first 9 months of 2019, whereas 43 companies went bankrupt in 2018. EP Energy was recognized as the worst performer because it failed to repay a $5-billion debt. Such dismal figures cast a shadow over the outlook for the shale oil business. Banks have revised stance on their debtors, intending to trim credit funds for the shale sector by 10%. These funds will be slashed to a greater extent for ailing shale producers. The major reason behind a downturn in the shale industry is low oil prices. Though many reputable analysts share optimistic forecasts for a steady rally, the long-term bullish trend is still in question. Indeed, oil prices still undershoot the expected elevated levels, making shale production failed business. Despite cutting-edge technologies, shale production remains quite costly. No wonder, investors are shifting focus away from the shale industry.