About the Webinar
The Diversified Independents have been quick to respond to the oil price plunge – US$6.9 billion or 34% has been cut from 2020 capital budgets in the last four weeks. At commodity prices below US$35/bbl, the peer group is not out of the woods and we expect another round of cuts.
The Diversified Independents evolved more than any peer group during the last downturn. This time around, we expect most to hunker down. But the financially strong have the opportunity to redefine their value proposition.
Attend this webinar to hear a discussion on:
- What has been the impact of the latest cuts on corporate cash flow breakevens and production for the peer group?
- Which companies still have additional levers to pull?
- How does the environment impact long-term strategic options?
Presenters
Obo Idornigie, Principal Analyst
Zoe Sutherland, Senior Research Analyst
Alex Beeker, Principal Analyst