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Exxon Mobil, Pioneer Natural Resources On Cusp Of Mega Deal, Shares React

Benzinga

oil sector, especially the lucrative Permian shale basin. Pioneer is currently the third-largest oil producer in the Permian basin behind Chevron Corporation (NYSE: CVX ) and ConocoPhillips (NYSE: COP ). The move sent shares of the target company, Pioneer Natural Resources Co (NYSE: PXD ), nearly 10% higher.

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Top 10 Blog Posts of 2023

Auto Dealer Valuation Insights

Year-end 2023 is quickly approaching so that means it’s time to take a look back at the year. Here are the top ten posts for the year measured by readership. Click on any of the post titles to revisit the post. Thank you to our readers for your constant support! It’s our honor to cover the oil & gas industry for you.

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Themes from Q1 2023 Earnings Calls

Auto Dealer Valuation Insights

The oil and gas industry is dynamic and ever-evolving, and recent earnings calls have shed light on some key topics and debates among operators. As in prior quarters, shareholder returns took center stage during these discussions, with varying opinions emerging on the most effective method of returning capital.

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E&P Capital Expenditures Set to Rise, but Remain Below Pre-Pandemic Levels

Auto Dealer Valuation Insights

The upstream oil and gas sector is highly capital intensive; production requires expensive equipment and constant maintenance. Despite higher oil and gas prices, E&P operators have refrained from increasing capital investment and instead, are delivering cash to shareholders.

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Oilfield Water Markets

Auto Dealer Valuation Insights

The Oilfield Services (“OFS”) industry has long been known for its cyclicality, sharp changes in “direction” and demand-driven technological innovation.

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Private Oil Company Values Are Readying For Take Off: While Publics Remain On Runway

Auto Dealer Valuation Insights

As the term “energy security” comes back into the public lexicon, the values of U.S. oil companies are rising. This comes at the delight of some and chagrin of others. Regardless, it represents a foreshadowing of a potential longer-term cycle; whereby U.S. oil production being able to meet energy demands will be increasingly important.

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Oil & Gas Investment Banking: The First Victim of the ESG Cult?

Brian DeChesare

You do not need to be an “expert” in the technical details of oil & gas, but you should know the following topics: The different verticals and how the business models, drivers, and risk factors differ. Different basins or production regions in your country. it’s important to demonstrate some connections to that area.

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