Realignment of Global Energy

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Global Integrated Oil & Gas

Jason Gammel says that assuring the sustainability of dividends is the highest priority of oil company management teams.

U.S. Oil Field Services & Drilling

Brad Handler says that stocks in the U.S. oil service sector can, over time, benefit from demand recovery and continued service intensity growth.

European Oil & Gas Exploration & Production

Mark Wilson notes that the near term European exploration and production is dominated by the need to delever over-stretched balance sheets combined with the reality that mergers and acquisitions is no a get out of jail card as enterprise value valuations remain at premium levels.

U.S. Master Limited Partnerships & Natural Gas

Christopher Sighinolfi reports that in a ‘lower-for-longer’ commodity price environment with skittish capital markets, management teams will seek to internally bolster their own financial footing wherever possible.

China Energy

Laban Yu describes how China’s rebalancing economy, environmental enforcement policies and ongoing growth have resulted in a dramatic divergence in energy sources.

India Oil & Gas Exploration & Production

Arya Sen explains that in India, the key realignment is happening in government policy. The government is expected to take the next logical step and provide clarity on subsidy sharing which would be a structural positive for state owned upstream companies.

Global Maritime & Logistics

Doug Mavrinac discusses how the crude oil tanker market is benefiting from a true paradigm shift in the oil market.