Abstract
Oil and gas companies have learnt to respond faster to slumps in oil prices. Waleska Rodrigues1,2 and Ruud Weijermars1* show that shareholders in the 2014/2015 oil price decline, by holding on to their stocks, have avoided the steep slump in share prices of 2008/2009. However, profitability of the industry continues to decline after peaking a decade ago and further consolidation of the petroleum business seems inevitable.
| Original language | English |
|---|---|
| Pages (from-to) | 79-85 |
| Number of pages | 7 |
| Journal | First Break |
| Volume | 34 |
| Issue number | 1 |
| DOIs | |
| State | Published - Jan 2016 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2016 EAGE Publishing BV. All rights reserved.
ASJC Scopus subject areas
- Geophysics
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