Oil and Gas Investor Magazine - May 2021
E&Ps restructure executive comp incentives to reveal new star performers.
In this issue:
Northern Marches South
The Gas Export Play
Cloud-based Analytics Key Players
Remembering Lowell Georgia
E&P executives find themselves under fire for pocketing large bonus payouts in recent years while shareholder equity values tanked, but blame it on a broken incentive model. Now, the rules are being rewritten for how executives are rewarded.
During the next few months, we can anticipate many more energy-related bills and hearings in Congress and major administrative actions taking place as well.
With a stronghold in the Williston Basin, Northern Oil and Gas Inc. has recently added a large swath of Marcellus acreage from Reliance Industries and made a long-calculated move into the riches of the Permian Basin.
The resilient Haynesville Shale: More rigs, more takeaway capacity.
Debt capital is on sale, and public equity markets aren’t closed to oil and gas operators either. Some just don’t have any use right now for the cash—that is, a use that investors would support.
Pioneer Natural Resources Co. agreed to buy DoublePoint Energy LLC for $6.4 billion, leaving investors in need of an explanation.
The oil and gas industry should expect a taxing spring.
From the Editor-in-Chief
As public E&Ps promise capital discipline and slow or no growth through 2021, an unexpected and potentially price-busting trend is developing behind the scenes. Could private oil and gas producers ruin it for everyone?