ShaleProfile Partners With HITE Hedge Asset Management, a Specialist Investment Manager With a Focus on Global Energy Securities
ShaleProfile is excited to partner with HITE to provide the most up-to-date production, completion, and other types of data on more than 150,000 horizontal wells across 13 US states.
ROTTERDAM, Netherlands, July 7, 2021 (Newswire.com) - ShaleProfile today announced it has signed an agreement with HITE Hedge Asset Management ("HITE") to become their U.S. tight oil & gas data provider.
"We have built increasingly sophisticated data science capabilities to inform our investment process and require data vendors that can keep up with our innovations. We believe ShaleProfile offers a best-in-class product that enables us to focus on our proprietary investment analytics." - Matt Niblack, President, HITE Hedge.
"Investment firms with an eye on U.S. shale are tired with legacy data providers that cannot match the need for speed, flexibility and expectations on cost that these times require. This agreement demonstrates that these firms have now a viable alternative. We were pleased that after a thorough review of the completeness, timeliness and quality of our data, HITE chose to partner with us," says Enno Peters, Founder & CEO at ShaleProfile. "We like to work closely with HITE to ensure that they receive the full benefits from this partnership."
HITE has signed up for both the online analytics service and the data API that ShaleProfile provides, to have easy access to the most up-to-date data on the U.S. shale industry at a substantially lower cost.
About HITE Hedge Asset Management ("HITE"):
HITE Hedge Asset Management ("HITE") is a specialist investment manager with a pure-play focus on using global energy securities to generate absolute returns for institutional investors.
HITE's investment approach combines 17 years of energy sector expertise, proprietary fundamental modeling, data analytics, and long histories with management teams to identify idiosyncratic mispricing across the entire energy value chain. HITE manages market-neutral, pure alpha focused, relative value strategies as well as a first-of-its kind thematic absolute return strategy that is short carbon.
For more information, visit www.hitehedge.com.
About ShaleProfile:
ShaleProfile empowers E&P professionals with advanced visual analytics on the shale industry. We set out to build the most intuitive platform on the market to help investors, operators and consultants face their challenges. ShaleProfile Analytics enables a thorough analysis of major trends on Production & Completion data across 13 states and with data on over 120,000 horizontal wells. We use the latest Business Intelligence technology to create beautiful and highly intuitive dashboards, each optimized to answer specific questions. With advanced algorithms, we continuously extract, clean and transform the latest data from trusted sources. Our operating costs are low, and so is our pricing.
For more information or to start a free trial, visit www.shaleprofile.com or email info@shaleprofile.com
Source: ShaleProfile