Insight

Corporate week in brief: rising costs weigh on Tight Oil Inc.

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

Higher oil prices are good for shale players, right? Yes, but for two complicating factors – cost inflation and hedging. Both weighed on US Independents' Q1 results last week, with a ramp-up in drilling putting upward pressure on costs, and derivative losses impacting most of the sector. More on this, and the following stories: Rosneft increases shareholder distributions; welcomes QIA as its third largest shareholder; BP reports strong Q1 results; Marathon picks up acreage in Louisiana Section of the Austin Chalk play; Santos sells non-core Asian assets; Statoil highlights progress on carbon and renewables; Marathon Petroleum / Andeavor to create the US' largest refiner.

What's included

This report contains

  • Document

    Corporate week in brief: rising costs weigh on Tight Oil Inc.

    PDF 195.61 KB

Table of contents

  • Macro: oil prices, oil and gas shares
  • Lead story: US E&P Q1 results
  • Companies
  • M&A
  • Energy transition

Tables and charts

This report includes 1 images and tables including:

Images

  • Change in share price during the week of April 30 through May 4

You may be interested in

    
            
            
            
            
            
            
            
            
            
            
            
    

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898