Post Tagged with: "Returns"

Source: Reuters

Drilling vs returns. U.S. oil producers’ tradeoff as windfall tax threatens

Yahoo Finance

U.S. oil producers profiting from sky-high prices are doling out billions to shareholders and building cash reserves, a strategy irking lawmakers and voters struggling with record fuel prices while winning over Wall Street.

Soaring fuel prices have boosted …

Source: CNBC

Credit Suisse CEO says sustainable investing no longer means lower returns


The CEO of banking giant Credit Suisse told CNBC that the coronavirus pandemic had “substantially accelerated the trend towards ESG and sustainability” and sought to highlight the investment opportunity within the overall space.

“The demand that we see — …

Marathon Oil Profit Jumps 50% on Higher U.S. Shale Production

Marathon Oil Profit Jumps 50% on Higher U.S. Shale Production

From Reuters

Marathon Oil Corp (MRO.N) reported a 50% jump in quarterly adjusted profit on Wednesday, as higher U.S. shale output countered lower realized crude prices and production costs fell.

The company, like many other U.S. oil producers, is extracting …

Courtesy of RSP Permian

Futures Curve with Severe Backwardation is Laughable: Papa

CDEV likes oil’s prospects and New Mexico well results

Centennial Resource Development, Inc. (ticker: CDEV) reported a net income of $66.1 million, or $0.25 per share for Q1 2018. The company’s average daily net production was 54,069 BOEPD for the …

Calgary-based Precision Drilling Corporation (ticker: PDS) announced planned capital expenditures for 2017 of CAD$109 million.

Oil Company Return Metrics Nearing Levels Not Seen Since $100 Oil

Return on invested capital breaks from historic patterns as companies reap the benefits of efficiencies

Oil and gas companies are beginning to take a more measured approach to growing even as oil prices hover above $55 per barrel, a move …