Can you concisely summarize the positions in the video. 30 minutes of homework to participate is not really a reasonable way to start a discussion. I watched the end of the first video and to me it leaves out the why oil companies are hesitant to expand production.
One thing that is entirely reasonable is oil companies not investing earnings into new production because of this blip in prices. That isn’t the reason prices are high today.
The investment time frame for oil development to return profit has shrunk because people believe the net zero commitments
The cost of borrowing for oil and gas development is up because of it being a sin stock
Oil stocks are under valued relative to revenue in todays markets
These three things make the path of medium and junior companies investing and expanding production then going public to return capital to investors not nearly as viable as it used to be. And for the majors the market is paying more for dividends and balance sheet then it is for expansion of production.
So while the idea that is pitched of Climate regs are killing the oil industry isn’t true. The long term plan to move away from fossil fuels has changed how investors see O+G. Keep cost low production flat and pay dividends
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