Is sub $50 crude oil the new normal? And for how long? This leading market expert, Ian Macpherson from Simmons Energy, shares insights on the rest of the year and beyond. If sub $50 oil remains the forecast, what does that mean for the industry?
Speaker:
Ian Macpherson, Managing Director & Sr. Research Analyst, Oil Service, Simmons Energy
Recommended Reading
ONEOK Announces $4.3B Deal to Acquire Remaining EnLink Stock
2024-11-25 - ONEOK’s deal to acquire the remaining stake in EnLink is expected to close in the first quarter of 2025.
LandBridge Closes Deal for 5,800 Acres in New Mexico's Delaware Basin
2024-11-24 - LandBridge said it announced or closed acquisitions totaling 53,080 acres in fourth-quarter 2024.
ConocoPhillips Completes $22.5B Acquisition of Marathon
2024-11-24 - ConocoPhillips CEO Ryan Lance said he expects synergies of more than $1 billion on a run rate basis over the next 12 months.
Boosted by Oxy Deal, Permian Resources Expects to Grow in Delaware
2024-11-21 - Permian Resources Co-CEO Will Hickey expects more growth in the Delaware Basin thanks to his company’s advantageous cost structure.
Oxy CEO Hollub Sees More Consolidation Coming in Permian, Globally
2024-11-21 - Occidental Petroleum CEO Vicki Hollub names emissions and water management as top challenges for Permian operators and an incentive for growth.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.