"E&P investors have historically been a skittish lot, and for good reason. In the second half of the 2010s, the S&P E&P Index had as many sudden ups and downs as Coney Island’s famous Cyclone roller coaster, culminating in a near crash in early 2020 as equity prices bottomed out at one-tenth their peak. A fairly smooth annual return of nearly 7% over the 2021-to-Q2 2024 period has wooed money back to a sector that now prioritizes shareholder returns. But wariness remains, especially as natural gas prices cratered to three-decade summer lows. In today’s RBN blog, we analyze the balance sheets and budgets of the U.S. gas-focused producers we track to determine if there are causes for concern." https://lnkd.in/euwj_s2Y #explorationandproduction #naturalgas #capex #debt #dividends #sharerepurchases #freecashflow
Oil & Gas Financial Analytics, LLC
石油天然气
Fort Lauderdale，Florida 1,770 位关注者
We are a consulting firm delivering innovative analysis of the valuation, performance, and strategies of E&P companies.
关于我们
A consulting firm delivering innovative analysis of the valuation, performance, and strategies of upstream oil and gas companies and assets, including investment strategies, benchmarking, and credit and risk assessment.
- 网站
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https://oilandgasfinancialanalytics.com
Oil & Gas Financial Analytics, LLC的外部链接
- 所属行业
- 石油天然气
- 规模
- 2-10 人
- 总部
- Fort Lauderdale，Florida
- 类型
- 私人持股
- 创立
- 2015
地点
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主要
获取路线
3350 NW 66th St
US，Florida，Fort Lauderdale，33309
Oil & Gas Financial Analytics, LLC员工
动态
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Oil & Gas Financial Analytics, LLC转发了
The term “exploration and production company” has been widely used for only four or five decades, but the activities it represents have a history that dates back to the first oil well drilled by Edwin Drake in Titusville, PA, in 1859. Ever since that world-changing event, discovering and developing new sources of oil and gas has remained the industry’s passion, exemplified by wildcatters and, more recently, by the technological wizards of the Shale Revolution. To this day, every major public upstream company still invests in finding and developing reserves — except one. In today’s RBN blog, we examine the unique approach taken by Diversified Energy Co., which has grown substantially by ignoring the “E” part of E&P. https://lnkd.in/edk4aqKj #explorationandproduction #oil #naturalgas #capex #cashflow #DiversifiedEnergy
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"A macro view of U.S. exploration and production (E&P) company performance over the last quarter century reveals repetitive boom-and-bust cycles driven by periodic extremes in crude oil pricing, including price crashes in 2008, 2014 and 2020. That history contrasts with the remarkable stability in West Texas Intermediate (WTI) realizations since mid-2021 as the industry got its footing post-pandemic. Assisted by a new commitment to financial discipline, producers have generated relatively stable, historically solid overall quarterly earnings and cash flows." https://lnkd.in/guuUEZec #explorationandproduction #earnings #cashflow #oil #naturalgas #oilprices #naturalgasprices #oilandgasproduction