Insight
Is Tight Oil inc on the verge of sustained free cash flow generation?
Report summary
Ahead of Q2 earnings season, this insight gives a recap of the Q1 outspend and Wood Mackenzie's outlook for cash flow generation going forward. Just when things were looking positive tight oil cash flow, Q1-19 represented the largest outspend for the peer group in nearly two years. The outspend, which was largely driven by depressed service pricing and a rising WTI price, will have big implications for Q2 earnings as well as the remainder of the year. Tight oil companies are among the most discounted in our coverage. In fact, EOG and Continental are the only two that trade at a market premium, relative to Woodmac's valuation. This insight looks at some of the reasons that might be and summarises our outlook for Tight Oil inc.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Pemex financial health: reasoning and impact on recent hydrocarbon duty government aid
Fiscal reductions have alleviated some Pemex financial struggles, but further action is required to return to self-sufficiency
$1,350
Insight
How renewable power can transform TotalEnergies' cash flow
What impact will TotalEnergies' big ambitions in renewable power have on cash flow and strategy?
$1,350
Insight
How do the new ExxonMobil and Chevron stack up against each other?
The Pioneer and Hess acquisitions flip the US Majors’ upstream strategic positioning and create a new peer group – the Megamajors
$1,350
