NEW YORK—The mood enveloping the 25th Oil & Gas Investment Symposium (OGIS) tilted less toward silver anniversary and more toward an intervention.

While alternative investments, notably royalty holdings but also real-estate investment trusts, non-operated interests and mineral owners had strong stories to tell, most worked to put on a happy face. Among them:

All producers spoke of cash flow discipline, but only a few could state they were living within their means;

Many others highlighted their cost and debt reductions with expectations of getting to free cash;

Most stressed how cheap their shares were.

After a while, speakers started to echo the line from “Monty Python and the Holy Grail”: “I’m not dead (yet).”

To read the full story

Select an option below:

Tap into unmatched coverage of the oil and gas industry’s entire landscape.

Get Access See more offers

Already have an account?

Sign In

Looking for Newsletters?

Manage preferences