Wells Fargo Securities Supports NAV Metric to Value E&P Companies [1] In 2021, many investors are looking forward to a cyclical recovery that boosts energy commodity prices. Over the past… read more →
New Math? Shale Oil / Covid-19 = OPEC+ According to Bloomberg News,[1] “A devastating global pandemic and a reckoning with Wall Street appear to have broken the resolve of the… read more →
Energy Dividends Require Positive Free Cash Flows Energy Transfer just announced it was reducing its dividend by 50% starting with the quarterly payment being paid this month. Although the market… read more →
De Minimis Control Premium and Formulaic Dividend Payouts On Monday, September 28, 2020, Devon Energy Corp. announced it will buy Permian basin peer WPX Energy Inc. for $2.56 billion.[1] The… read more →
Oil Prices Viewed Through Three Different Lenses, Each Providing More Insight Outside the Dow Jones Industrial Average and the S&P500 indices, the price of oil runs a close second in… read more →