Sentences with phrase «of oil and gas prices»

Given the still subdued state of oil and gas prices, it's a stock - pickers» market.

Not exact matches

«If you had a strong track record of finding and developing oil and gas at the right price, you could always raise capital,» Grad says.
«The business model of an oil and gas company in the future is going to have to be built around the abundance model, where your returns are not going to be made by commodity price increases,» says Munro.
It's among a host of new startups developing technology for the oil and gas industry, which finds itself desperate for innovation in this era of low commodity prices.
Oil and gas traders, Bailey says, received alerts about the death of the King of Saudi Arabia more than four hours before crude prices spiked on the news.
The share price of the Netherlands - based construction company, which specializes in the oil and gas industry, was halved in 2014.
Part of the problem is the bust that is going on in the junk market due to the drop in oil and gas loan prices.
PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.
Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the oil and gas company.
Programmed Maintenance Services has returned an annual net loss as a result of lower demand for marine services following the steep drop in oil and gas prices.
Any commodities business comes with some volatility — the oil and gas business has had a tough couple of years amid low energy prices.
«Shell's strong earnings this quarter were underpinned by higher oil and gas prices, the continued growth and very good performance of our Integrated Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statemegas prices, the continued growth and very good performance of our Integrated Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statemeGas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statement.
volatility of commodity prices for crude oil, natural gas, and natural gas liquids («NGLs») and the risk of an extended period of depressed prices;
A recent survey by the National Association for Business Economics showed that 18 percent of businesses expect a negative impact from declining oil prices — reflecting the percentage of industries that directly benefit from oil and natural gas sales.
Producers like Carrizo Oil & Gas have also been subject to depressed oil prices and investors have written off the stocks out of worry, Cramer explainOil & Gas have also been subject to depressed oil prices and investors have written off the stocks out of worry, Cramer explainoil prices and investors have written off the stocks out of worry, Cramer explained.
It's one of the country's largest oil and gas producers, but, says Cheng, price differentials between Canadian and world oil prices, low natural gas prices, cost inflation and project delays caused investors to get antsy.
The sell - off originated in the energy sector, as oil prices plummeted and oil and gas companies struggled to pay of their debts.
Oil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricOil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricoil and gas prices.
With nearly half of all American families seeing one fifth of their spending go to oil, gas, and gasoline, a sustained drop in prices means an immediate and significant stimulus.
«While asset monetizations enhance our liquidity, sales of producing natural gas and oil properties adversely affect the amount of cash flow we generate and reduce the amount and value of collateral available to secure our obligations, both of which are exacerbated by low natural gas prices..
Morgan Stanley also noted that oil and gas exports account for nearly 16 percent of Malaysia's gross domestic product (GDP), and the sector has been hard hit by crude prices falling below $ 50 a barrel again.
This billionaire inrnthe oil and gas businessrnsaw his pilernshrink somewhat this year withrnthe declining share price of CanadianrnNatural Resources, the firmrnhe shepherded to the peak ofrnthe country's energy market.rnEdwards, who is also the ownerrnof the Calgary Flames, has hadrnother issues on his mind, however — this fall he has been anrninfluential player in the NHLrnlockout negotiations.
Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»
Low oil and gas prices have pressured the value of many of his assets.
CNBC's Jackie DeAngelis reports on oil prices and natural gas supplies ahead of several crucial OPEC meetings.
The company has also had to take big losses related to write - downs of the value of its oil and gas assets, to reflect the lower prices these energy commodities are garnering on the open market.
The gold and copper miner, which also drills for oil and gas, has seen its bottom line dry up as the price of each of those natural resources has fallen sharply recently.
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trilliAnd in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trilliand gas company's market value to briefly top $ 1 trillion.
All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.
LONDON, May 1 - BP's profits surged in the first three months of the year to their highest since mid-2014, driven by a recovery in oil and gas prices and rapid growth in production.
Depending on mining, forestry, and oil and gas leaves the country vulnerable to swings in commodity prices and the health of our export partners.
A deal with the French oil giant Total to sell d.light's new S300 (about $ 30) and S20 (priced in the mid-teens) in its gas stations in countries like Cameroon, Indonesia and the Republic of Congo, has boosted shipments from less than 30,000 to more than 500,000 lanterns each month.
Omar said Malaysia was suffering particularly because it was an emerging market at a time of capital outflows, it was a net exporter of oil and gas at a time of a significant drop in prices, and it was perceived to be badly affected by the Chinese slowdown as China was its largest trading partner.
Prices of both oil and gas are trading at more than seven - year lows.
He said the gas price would be based on a formula linked to that of oil and oil products.
BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.
With high oil prices persistently poised to derail the global economy, with large economies like Germany and Japan swearing off nuclear in the wake of the Fukushima Daiichi disaster, with coal hampered by looming emissions caps, unexpectedly abundant gas seems poised to fill the energy void.
And cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other thinAnd cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other thinand Canada, leaving more money in their pockets to spend on other things.
By far the biggest revision, on a percentage basis, came in the mining sector, which isn't surprising; the oil and gas industry, which is part of the mining sector, has been extremely volatile in the past year due to tumbling oil prices.
A recovery in commodity prices was due primarily to rising prices for oil and natural gas and was thus a strong positive for exporters of those commodities.
The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from higher oil prices, according to a new report from Moody's Investors Service.
«The commodity price of oil and natural gas is and will continue to be a major factor.»
A few big oil and gas deals have come out of the price rout — Royal Dutch Shell's acquisition of BG, worth $ 70 billion, is the largest by far — but more will likely take place in the near term.
With the oil and natural gas markets stabilized, at least for now, investors should begin considering which companies could emerge from the rubble of the oil price collapse to see their stock prices double or triple in the next few years.
For the balance of 2018, WPX has 57,500 bbl / d of oil hedged at a weighted average price of $ 52.82 per barrel; 130,000 MMBtu / d of natural gas hedged at a weighted average price of $ 2.99 per MMBtu; and 12,100 bbl / d of NGL hedged.
If you expect the oil and gas industry to keep thriving, and gas prices to keep rising, the SPDR S&P Oil & Gas Exploration & Production (NYSE: XOP) ETF could save you a lot of trouboil and gas industry to keep thriving, and gas prices to keep rising, the SPDR S&P Oil & Gas Exploration & Production (NYSE: XOP) ETF could save you a lot of troubgas industry to keep thriving, and gas prices to keep rising, the SPDR S&P Oil & Gas Exploration & Production (NYSE: XOP) ETF could save you a lot of troubgas prices to keep rising, the SPDR S&P Oil & Gas Exploration & Production (NYSE: XOP) ETF could save you a lot of troubOil & Gas Exploration & Production (NYSE: XOP) ETF could save you a lot of troubGas Exploration & Production (NYSE: XOP) ETF could save you a lot of trouble.
For 2019, WPX has 34,000 bbl / d of oil hedged at a weighted average price of $ 52.30 per barrel and 50,000 MMBtu / d of natural gas hedged at a weighted average price of $ 2.88 per MMBtu.
As a result of the decline in both oil and natural gas prices since 2014, the domestic energy industry is experiencing duress not seen since the early 1980s.
Despite slumping commodities prices affecting its oil, gas, and mining businesses, FLR still managed a 21 % ROIC in 2015 and finished the year with a larger backlog than it had at the end of 2014.
Economists agree externalities should be priced into the market; they agree that it is demand for oil and gas that is inflating the value of our dollar; they agree that a high dollar hurts exports.
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