(Oil & Gas 360) By Greg Barnett, MBA – (Part 2 of 6)- For most of the modern history of oil and gas, supply was constrained by geology, technology, or access. Today, it is constrained by something far more durable: capital discipline. This is not a slogan. It is an observable shift in behavior that explains more about current market
(Oil & Gas 360) By Greg Barnett, MBA – For oil and gas investors, the defining feature of energy’s resurgence since 2019 has not been commodity prices alone, nor a cyclical rebound driven by leverage to higher oil. It has been something far more fundamental, and historically rare for the sector: sustained capital discipline executed consistently by management teams across the
(By Oil & Gas 360) – Capital discipline continues to define strategy across the U.S. energy sector. SM Energy announced an agreement to sell its South Texas assets to Caturus Energy for $950 million, further streamlining its portfolio and reinforcing liquidity. The transaction reflects an industry trend toward concentrating capital in core operating areas while monetizing non-core positions. Occidental Petroleum
Reuters ConocoPhillips said on Wednesday it has resumed its share buyback program and pledged to keep spending flat even as oil prices climbed, the latest U.S. energy firm to embrace investor returns over production growth. Despite the uptick in crude prices, oil companies are expected to largely limit spending to marginally higher as investors reward companies showing capital discipline after
By Tyler Losier, Energy Reporter, Oil & Gas 360 Continental Resources’ Harold Hamm sits down for a fireside chat Today, as part of EnerCom’s 24th annual The Oil and Gas Conference in Denver, Colorado, Harold Hamm, CEO and chairman of Continental Resources (stock ticker: CLR), sat down with Tom Petrie of Petrie Partners for a fireside chat. The two spoke
From the Houston Chronicle The U.S. energy sector, while not entering a downturn, is facing an extended period of lower oil prices, lower profits and tighter spending, ultimately leading to slower growth, fewer companies and fewer jobs in Houston and across the oil and gas industry. In less than a year, the fundamentals of energy markets have shifted dramatically, from
