Thursday, August 15, 2024

A Serious Canadian Valuation Gap

Market disconnect for a Canadian junior “Our company is undervalued” is a common phrase heard around investor conferences. Executives are their own best cheerleaders and they constantly seek innovative ways to create value with their companies. Sometimes the assertion that a company is not being valued in a fashion similar to its peers is more compelling than others, however, and

U.S. Oilpatch Productivity Multiple Climbs Above 3.0 - Oil & Gas 360

Effective Rig Count Nears 2,300

Efficiencies increasing once again EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins. The Effective Rig Count rose in November, growing to 2,298, up from 2,284 the prior month. The number of active rigs dropped, but efficiency gains outweighed these decreases. The average drilling operation is now 2.9 times more productive

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