Insight

Corporate week in brief: the Majors’ Q2 results beat expectations

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Lead stories: Majors outperform expectations in the Q2 reporting season; large US producers stick with tight oil plans for now. Macro: Brent jumps 9%; oil and gas stocks buoyed by strong Q2 results. Companies: PTTEP hedges Malaysian LNG purchases with the acquisition of a stake in MLNG Train 9; PETRONAS cancels Pacific NorthWest LNG project – where does this leave the LNG portfolio? M&A: QEP sells tight gas and buys Permian tight oil. Exploration: Guyana resources close in on the 3 billion boe mark with ExxonMobil’s latest appraisal success.

Table of contents

  • Macro: Brent, oil and gas shares
  • Lead stories: Q2 results update
  • Companies: PTTEP, PETRONAS
  • Exploration: Guyana
  • M&A: QEP

Tables and charts

This report includes 4 images and tables including:

  • Changes to companies’ capital budgets announced this week
  • Gas into LNG by equity (mmcfd)
  • Reported this week
  • Corporate dashboard

What's included

This report contains:

  • Document

    Corporate Dashboard - 31.07.2017.pdf

    PDF 1.57 MB

  • Document

    Corporate week in brief: the Majors’ Q2 results beat expectations

    PDF 1.54 MB