It's no secret that the US oil and gas sector faced significant challenges in the past decade. Capital markets gave these industries the cold shoulder, especially the smaller groups. However, 2023 marks a turnaround. With higher energy prices, solid balance sheets, and a focus on shareholder returns, these groups are witnessing a warm welcome once again.
Recent data from Dealogic has revealed encouraging figures. The year witnessed multiple listings, with companies like Kodiak Gas Services and Atlas Energy Solutions making headlines. Although they had shaky starts, their stock prices have since grown impressively.
In conclusion, the US oil and gas sector's resurgence is a testament to the industry's resilience and adaptability. And as experts predict, this is just the beginning
The ESG narrative shows cracks!
The so called electrical revolution happens only in the so called western world. Those guys have a tunnel vision. 95% of the world will stll use oil and petrol. Getting it out of the ground will get more difficult due to growing ignorance.
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Yes and even in the west it is nothing more than a luxury good. The world runs on oil
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