RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
Crude oil and natural gas prices went through a lot of ups and downs in the 2014-18 period, but the general trend was down. The average price of WTI crude topped $100/bbl in the first half of 2014; by year-end 2018 it stood at $45/bbl.
Once the “riverboat gamblers” of U.S.
There’s a case to be made that midstream-sector stocks are being undervalued, in part because of the market’s stubborn adherence to an old — and now outdated — dictum that links midstream prospects to the price of crude oil.
The third quarter of 2018 was a moment in the sun for U.S. exploration and production companies.
The sun was shining and wind filled the sails of the 44 major U.S. exploration and production (E&P) companies we track in the third quarter of 2018 as they collectively reported a 35% increase in pre-tax operating income over the previous quarter. It’s been an up-and-down year.
Anyone who’s shopped for a home is well-aware of the relationship between location and valuation. The same holds true for oil and gas producers accumulating a portfolio of real estate underlain by the most promising oil and gas formations.
The U.S. exploration and production sector has reaped many benefits from its transformation to large-scale, manufacturing-style exploitation of premier resource plays, generating record oil and gas production while slashing production and reserve replacement costs by 50%.
U.S. exploration and production companies (E&Ps) are generating such substantial output growth that the International Energy Agency (IEA) estimates their increase in 2018 liquids production could equal the entire growth in global demand.
NATGAS Billboard is a daily, early morning email and report that provides an up-to-the-minute view of the natural gas market outlook, including storage injections/withdrawals and price. Billboard’s models incorporate pipeline flow data, weather models, electricity demand data and more.
In the first half of 2018, the U.S. E&P sector continued to reap the benefits of its dramatic evolution from decades of “boom or bust” exploration to large-scale, manufacturing-style exploitation of premier resource plays.
Permian producers led the U.S. exploration and production (E&P) sector’s remarkable recovery from the financial crisis that was spurred by the oil price crash in late 2014.
