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
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