Thoughts on E&P (Oil Exploration & Production Companies)

May 17th, 2016|by Michael Ashley Schulman, Perspectives, The Here and Now|

Champagne Oil

Some rough notes to help frame an outlook for E&P companies

OIL OVERVIEW
The 2014 downturn in oil prices was caused by oversupply (not lack of demand); thus a correction of supply will improve prices

  • Oil supply/demand fundamentals will tighten through 2017
  • The incentive cost-curve for […]