Energy Regulator Claims Canadian Oil Production Will Plunge 76% By 2050
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Headline-Grabbing Deals Mask Big Drop In Shale M&A
While there have been some headline-grabbing big deals recently, on a quarterly basis the total volume of M&A has seen a significant dropoff
Source: oilprice.com
$70 Oil Creates Opportunity In Canadian Oil Stocks
Canadian energy stocks have been dragged down by negative sentiment in oil markets, but many of these companies continue to generate ample cash flow, even with oil at $70
Source: oilprice.com
What Happened To Oil & Gas Dealmaking In The First Quarter?
Oil and gas dealmaking plunged in the first quarter of this year, with companies focused on returning money to shareholders and cutting costs.
Source: oilprice.com
Drop In Gas Prices Weighs On Outlook For Canadian Drillers
Earnings in Canada’s energy industry are now expected to decline 19% over the course of 2023 as natural gas prices are plunging
Source: oilprice.com