Post Tagged with: "breakeven oil prices"

Oil Company Cost-Cutting Comes Harder for Global Mid-Cap E&Ps in 1H 2017: Douglas Westwood

Oil Company Cost-Cutting Comes Harder for Global Mid-Cap E&Ps in 1H 2017: Douglas Westwood

Brent breakeven price dropped 37%—Brent’s BE at $40 for the first half of 2017, compared to $64 for 2014: study

Douglas Westwood issued a report today in which it analyzed the income statements of 22 mid-cap international E&P oil companies …