A conversation with three commercial bankers reveals that the RBL markets are “open for business,” but none of them are promising it’s going to be easy for oil and gas producers to get fast cash backed by reserves.
Before the coronavirus pandemic and the oil price war, public investors had already thrown down the gauntlet to E&Ps. Companies, arguably, were learning to adapt, and they must keep doing so to access public capital in the new environment.
Companies and capital providers talk about ESG strategies and their critical importance to shareholders. This presentation was recorded at the recent Energy Capital Conference & exhibition in Dallas.
If traditional capital sources are sitting the bench, then nontraditional capital is sure to step up to the plate.
The number of distressed loans over recent years put reserve-based lenders on notice to tighten covenants, or just to exit the space altogether.
With no buyers and no IPOs, private equity exits are essentially closed, leaving assets stranded. This presentation was recorded at the recent Energy Capital Conference & exhibition in Dallas.
In recent periods there have been noteworthy shifts in energy investor preferences regarding the relative roles of production growth, third party acquisitions, identifiable drilling inventories, and free cash flow utilization.
This roundtable examines the state of the capital markets today for energy companies, and what it will take to restart capital flow. This presentation was recorded at the recent Energy Capital Conference & exhibition in Dallas.
Capital structures for oil and gas players are in disarray as old models are torn down and a new one is constructed. Watch the presentation from the recent Energy Capital Conference & exhibition in Dallas.