Insight
Corporate week in brief: soft oil prices, stretched finances threaten renewed focus on growth
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Report summary
Can balance sheets support growth? growth continues to make a comeback in corporate results season. But with corporate balance sheets stretched, where will the money come from to fund a new investment phase? Macro: growing perception of limited oil price upside prompts sector sell-off Companies: more US companies highlight growth targets; CNPC takes 8% in ADCO licence extension M&A: Cairn Energy joins list of rumoured bidders for Dong Energy’s upstream business Exploration: Lundin adds to Barents Sea resources
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- Wood Mackenzie's 'State of the Upstream Industry' survey
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