The oil and gas sector remains steady amid the pandemic

  • The market has recovered strongly since bottoming out in March, but is still in negative territory
  • EBITDA guidance/revisions show the resilience of the midstream business
  • Capex cut is expected to lead to strong cash flow and improved yield
  • Current valuations are hovering near levels seen during the 2008 global financial crisi

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Acuity Knowledge Partners

Acuity Knowledge Partners

We write about financial industry trends, the impact of regulatory changes and opinions on industry inflection points. https://www.acuitykp.com/