Oilsands majors accrue $7.8 billion in free cash flow in H1 2021
Canada’s oilsands majors continue to generate huge amounts of free cash flow in 2021. Higher commodity prices in the first ...
Dividends increase across North American upstream industry
North American producers are refocusing on increased shareholder returns with abundant free cash flow evident across the board in Q2 2021. ...
Share buybacks will be key theme in second half of 2021
More and more oil and gas producers are releasing plans for major share buybacks after a bumper six-month period for ...
Green energy M&A: BP, Repsol, Equinor among oil and gas players active in Q2 2021
Europe’s oil and gas majors again led the way in terms of green and renewable energy sector deal-making among ...
Upstream oil and gas M&A rises to $35 billion in Q2 2021
A series of high value mergers in the U.S. Permian Basin led to a sharp increase in global upstream ...
Canadian oil producers buck North American cash flow trends in Q1 2021
Canada’s oil producers contradicted almost every key cash spending pattern across the North American oil and gas industry in ...
How are North American oil and gas producers using their cash?
Early 2021 saw revenues and operating cash flow soar in the North American oil and gas industry. A new report from ...
Key takeaways: Data-driven value creation in the oil and gas industry
A recent survey of industry professionals conducted by Evaluate Energy owners geoLOGIC systems ltd. in partnership with the Daily Oil ...
$19 billion in upstream deals worldwide in Q1 2021
Evaluate Energy’s latest report shows that global upstream M&A deal spending totalled $19 billion during Q1. Deal counts ...
Top 10 North American Oil Portfolios Transformed by Acquisitions in 2020
PDC Energy Inc.’s $1.7 billion acquisition of SRC Energy Inc. was the single-most ‘transformational’ deal last year for any oil, ...
Hedging a “$7.6 billion lifeline” for North American producers in 2020
Evaluate Energy’s latest report shows that 72 U.S. and Canadian companies gained a combined $7.6 billion thanks to settled oil ...
Hedging gains reversed for many producers in 2021 as oil prices stabilize
An average of 1.5 million bbl/d were hedged by North American oil producers heading into 2021 in fixed swaps, collars and ...
Producers projecting largest 2021 capex growth: Oilsands companies prominent
Three Canadian oilsands operators are prominent among larger producers in North America projecting the greatest percentage rise in capital spending ...
Solar deals up in U.S., Europe, Asia Pacific in 2020, early 2021
Solar power deal making in North American and European markets saw a major uptick in 2020 and early 2021 thanks to growing ...