Energy Transition Venture Capital Funding Dips, Benefitting Tech Incubators
Supermajors are shifting away from their venture capital arms to incubators for greater insight into new technology.
August 27, 2023
Private Equity Ownership in E&Ps Slips, Reducing Overhang: Truist
A Truist Securities study finds more diversity in private equity ownership of E&Ps and predicts more of them will keep their ownership for the longer term.
August 25, 2023
EY: E&Ps Remain Disciplined as Shareholder Returns Outpace Development Spending
E&Ps have been expanding capital budgets, producing more ESG reporting and returning capital to shareholders and companies appear poised to return to M&A, a report by EY found.
August 24, 2023
Investors Remain Bearish on TC Energy Deal to Sell Pipeline Interests
Canada’s TC Energy is seen to have sold equity in the premium asset to offset $60 billion in debt, leading to a slide in stock prices.
August 19, 2023
Renewables Group Casts Doubt on Supermajors Fortunes, Despite Affluence
A pro-renewable group says oil needs to stay above $80 a barrel for supermajors to thrive, though analysts say the companies are in a good position to continue throwing off free cash flow at lower prices.
August 18, 2023
‘Free Cash Flow Utopias’ Offset E&Ps Hurdles to Accessing Capital
High FCFs allow companies to fund their own projects, return capital to investors and pay off debt without having to delve into high-interest debt.
August 17, 2023
The Future of Shale: ‘The Brainiac Stuff is Coming’
Lab tests show that 90% of oil is still left in rock that’s drilled.
August 8, 2023
ConocoPhillips Second Quarter ‘Good, Not Great’ as Production Rises, Profits Fall
ConocoPhillips posted record production in the second quarter but commodity prices fell short of analyst expectations.
August 4, 2023
S&P 500: Energy Sector Shows Resilience Despite Rough First Half
The energy sector led the S&P in 2022, but macroeconomic factors have weighed down its performance this year.
July 28, 2023
EQT Corp. Near Closing of $5.2B Tug Hill Acquisition
Tug Hill's midstream assets would boost EQT Corp.’s access to markets, but the deal has languished for nearly a year while under regulatory scrutiny.
July 26, 2023