Price, Production: What is currently driving Lower 48 oil and gas prices and the outlook? And how does the Anadarko Basin's economics currently rank among other onshore oil, condensate and NGL plays? These experts describe the dynamics and potential.
- Oil, Gas and NGL Prices Going Forward: Ed Morse, managing director and global head of commodities research at Citigroup Global Markets Inc.; and
- Stack and Other Anadarko Basin Plays–The Economics: Subash Chandra, managing director and senior equity analyst at Guggenheim Securities LLC.
Engine No. 1, which launched with $250 million in December, is now offering products available to Main Street and Wall Street investors, tapping into retail investors’ frustration that their main stock portfolios often don't address ESG concerns.
The rosier outlook from energy executives contacted by the Dallas Fed comes as oil prices on June 23 climbed to the highest levels since late 2018 on crude inventory declines, while shares in oil and gas companies traded higher.
Exxon Mobil has pledged to limit the pace of growth of carbon emissions that contribute to climate change, but unlike its rivals has not agreed to net-zero emissions by 2050.