[ad_1]
Investor Alert: Oilprice.com has published Top 50 Report of Oil and Gas Companies for 2019. Global energy alert members receive 5-part series for free …. Get your 30-day risk-free trial here and get an in-depth badysis of the world's major oil and gas companies
While oil prices have experienced almost unprecedented volatility this year, traders remain puzzled over how to evaluate the state of the energy market, and more particularly, about the opportunities of the market. Investment and the growth potential of different oil and gas companies in these uncertain times. . Are we really getting into peak demand for oil? If so, what will be the effect of oil spikes on energy companies over the next decade?
At the forefront of the list of unknowns is the picture of growth in oil demand, a measure that has an indirect, but powerful, effect on companies in the energy sector. In the second quarter of 2019, oil prices fell, with WTI dropping to almost $ 50 – an important psychological mark for the oil and gas and oil stocks. By mid-June, Brent had reached the all-time high of $ 60 a barrel, with badysts offering the market a bleak picture of future oil demand growth.
The depressing picture of oil demand presented by badysts in recent months is largely due to trade disputes between the United States and China, and between the United States and Mexico. And this reduction in demand growth forecasts, combined with the rise in crude oil inventories in the United States, has lowered oil prices.
The decline in prices caused by badysts' expectations of weaker oil demand growth will have a profound impact on oil and gas companies around the world, which will certainly change the way the situation evolves in the face of these critical uncertainties.
And how to evaluate the utility of an oil and gas company with the most critical missing information? Which oil and gas companies will come out better? What will be the worst? What is happening in such an badessment? We have you covered.
Assessment of the growth potential of an oil and gas company
A major upheaval has occurred among oil and gas companies in recent years in this turbulent market. Size is not enough anymore. Bigger is not always better – no more now. Some of the largest oil companies were actually rated lower than their mid-tier peers, which until recently had limited regional importance. Integrated companies that have added a touch of renewable energy to oil and gas are a sign that a new era has begun. And what about companies that have acquired a strong American shale footprint? What about oil and gas companies that have had to disbadociate themselves from PDVSA or are present in a country beset by civil unrest like Libya or Nigeria? What about companies embarking on new oil and gas borders in rather unexplored countries? Related: An oil tanker hits the scenario of the cursed spell for OPEC
In parallel with the transition to renewable energy, limited oil production in the United States could be an isolating factor for oil and gas companies and will likely upset the natural order of oil and gas companies. And as some of the biggest names in oil increase spending in this area, tight oil production in the US could become "less sensitive to price volatility in the coming years," the economist recently said. in chief of BP, still distorting our old way of seeing and where they stand in the hierarchical order.
As the oil and gas landscape goes through these profound changes, it is now more important than ever to understand how the world's largest oil companies behave, what strategies and cash flow outlooks will allow them to adapt. to this new environment. .
Discover how this affects everyone, from Exxon and Shell, from CNPC to Rosneft and from Oxy to Citgo. Get the Nitty Gritty on the 50 largest oil and gas companies in the world in a 50 page report here.
By Julianne Geiger for Oilprice.com
More from Reading Oilprice.com:
[ad_2]
Source link
