2020 M&A Outlook: Analyzing Permian Basin Consolidation
Analysts with Bernstein Research identified WPX Energy, Occidental Petroleum and Battalion Oil as top acquisition targets in the Permian Basin.
March 12, 2020
Exxon Mobil To Boost Spending While Other Oil Majors Pull Back
The Texas-based supermajor is believed to be pursuing a counter-cyclical strategy despite findings that suggest “a mature industry in decline,” a recent report says.
March 4, 2020
Eagle Ford Shale Productivity Falters In 2019
Plenty of locations still exit in the Eagle Ford Shale, but only at higher oil prices, according to a recent report from Bernstein Research.
February 20, 2020
Upstream M&A, Capital Raising Fell To Around $63 Billion Last Quarter
M&A and capital raising value in the upstream fell by 50% from the previous quarter’s $126.8 billion, totaling $63.4 billion, according to a recent report.
December 12, 2019
Carbon Tracker Report: Paris Targets Require Majors, E&Ps To Shrink
Many oil and gas companies, particularly the majors, have publicized their efforts to be good stewards of the environment, particularly on climate change.
November 6, 2019
Bullish View On Offshore May Require $80-$100 Oil
Unless commodity prices rise sharply, the capex won’t be there for offshore oil and gas projects to make FID plans a reality, according to analysts with Bernstein.
November 1, 2019
Report: Grim Outlook For Natural Gas Prices
Pipeline infrastructure coming online is expected to unleash associated gas from the Permian Basin’s vast oil production, overwhelming the market, recent report says.
October 10, 2019
Analyst: Bankruptcies Are Not ‘Epidemic’
The U.S. shale industry has undergone a tortuous time of restructuring since the commodity price downturn that began in late 2014. A number of players have gone under, while the sector as a whole has had to severely alter the financial strategies that have long characterized the business, particularly the tendency to outspend cash flow.
September 27, 2019
Energy Summit Takeaways: Bullish On Oil Supply, Less On Demand
The greatest challenge for the industry, according to Raymond James analysts, is how to lure investors back to the sector.
August 28, 2019
Shale Cedes Employment Dominance To Offshore Oil Sector
Recent analysis from Rystad Energy shows the main driver of oil and gas employment is shifting from shale to offshore.
August 16, 2019