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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
ENERGY
The ExxonMobil deal to purchase Pioneer Natural Resources Company is expected to increase Permian production over the medium term according to Kpler.
- The takeover makes it the number one shale player in the US, offering flexibility and also lowers the emission intensity of Exxon’s production according to BNEF.
- Kpler suggest this collaboration will result in lower breakevens to enable additional resource development and better use of technologies in the Permian basin.
- They anticipate further consolidation in US shale oil gas segments with competition set to intensify driving smaller companies to grow into mid-sized entities.
- Stable production adjustments are expected in the coming years despite Exxon's potential production flexibility and historical responsiveness to price fluctuations.
Source: Kpler
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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