In the aftermath of 2020’s large-scale mergers and corporate transactions, the deal pantry will likely find itself overflowing with asset buyers hungry for suitable acreage.
Consolidation, lower costs and better wells plus PUDs have regained value—all indicators point to the Midland Basin as the epicenter of renewed oil and gas activity.
Antero Resources Corp. says its days of growth are over, while other operators are still working to capitalize on growth after the pandemic slump.
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.
After the lost year of 2020, have private E&Ps and their sponsors had to rethink everything?
It’s not the Keynes kind; it’s the Jack London kind. E&P executives are restless, according to a Dallas Fed survey, and they’re going mano a mano for market share. Will it manifest in consolidation? Where to next for the sellers? For some, it’s a new land rush: energy transition.
Like the E&P sector that precedes it, U.S. oilfield services companies are facing a precipitous drop in capex for 2021. The hard reality? Adapt or die.
The U.S. oil and gas industry is under extreme pressure by capital providers, stakeholders and elected officials to mitigate greenhouse gas emissions and to show compliance to globally accepted climate change goals. Can a hydrocarbon-producing company win in this scenario?
After enduring a wild year, oil and gas producers seek a “new normal.” It will depend on the balance between supply and demand and the economic recovery.
Securing federal drilling permits, further proving the merits of midspacing wells, making free cash flow, achieving scale and finding an exit or, if not, how to go forward otherwise. Here’s what’s on the minds of oil and gas operators in the Delaware Basin today.
Wall Street kicked U.S. independents to the curb, fed up with a decade of capital destruction, misaligned executive incentives and an indifference to environmental impacts. Do E&P management teams have the chutzpah to transform their models to win back investors?
Shale operators have plans to restart production. But with OPEC seemingly satisfied with $40 oil prices, U.S. producers are facing the prospect of becoming ‘zombie companies’—all dressed up but with nowhere to drill.