Insight
Corporate week in brief: upstream M&A building steam
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Q4 2016 earnings: Shell and ExxonMobil's Q4 earnings come in below expectations, but strategies on track; Anadarko to increase drilling activity and alert for bolt-on M&A following deleveraging progress; ConocoPhillips ups dividend and initiates share buybacks. Macro: Wood Mackenzie lowers 2018 Brent forecast; profit-taking and rotational selling of oil and gas shares continues. Companies: Premier agrees refinancing terms. M&A: Shell now over one third of the way to its US$30 billion disposal target; KUFPEC takes advantage of the Majors' asset sales programmes. Exploration: Statoil makes another incremental discovery in Norway, but latest Johan Sverdrup appraisal fails to increase resource estimates.
Table of contents
- Macro: oil prices, oil and gas shares
- Q4 2016 earnings: Shell, ExxonMobil, Anadarko, ConocoPhillips
- Companies: Premier
- M&A: Shell, Total, Kufpec
- Exploration: Statoil
Tables and charts
This report includes the following images and tables:
- Corporate Dashboard
What's included
This report contains:
Other reports you may be interested in
Insight
US upstream week in brief: Q3 2024 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary Woodmac views.
$1,350
Insight
US upstream in brief: more OFS firms expand into power
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Insight
Canada upstream in brief
Our view on the key events as they unfold, covering oil sands, unconventional plays, western Canada, Arctic, and offshore East Coast.
$700
