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Oil & Gas: OPEC+ Plays Let's Make a Deal

Sector Analysis: 07 Dec 2018, 11:38 AM ET - OPEC+ reportedly came together at the last minute for a 1.2 mmbd production cut although details are sparse at this point.

Oil & Gas: OPEC+ Struggling to Come Together

Sector Analysis: 06 Dec 2018, 2:02 PM ET - OPEC came away from its meeting in Vienna today empty-handed on an agreement, with plans to continue the discussion with OPEC+ tomorrow.

Oil & Gas: Slashing Oil Outlook, Downgrading E&Ps

Sector Analysis: 26 Nov 2018, 4:48 AM ET - We believe the recent 33% drop in oil prices is likely to be just the first leg of a deeper decline.  We are reducing our 2019 oil price view and recalibrating our IG and HY E&P investment recommendations to a more defensive position.

Oil & Gas: Bloodbath Over or Temporary Pause?

Sector Analysis: 15 Nov 2018, 5:11 AM ET - Oil prices finally turned north yesterday, with WTI closing up a scant $0.20/bbl to $55.89/bbl, following a record string of 12 straight down days which saw prices plunge $12/bbl, or 18%.  

Euro IG Sector Snapshots: October 2018

Sector Analysis: 22 Oct 2018, 9:31 PM ET - Our updated one page snapshots of the Euro IG sectors.

Oil & Gas: Mega-mergers Lead the Way in 2Q18

Sector Analysis: 16 Jul 2018, 10:24 PM ET - Global Oil & Gas M&A activity hit $97 bn in 2Q18, rising $31 bn, or 73%, sequentially and posting the highest quarterly total since 1Q17.

Oil Markets: OPEC Leaves 'Em Guessing

Sector Analysis: 26 Jun 2018, 4:26 AM ET - OPEC and its non-OPEC partners in cooperation, collectively, OPEC+, threw the market a curveball over the weekend by failing to come up with any clear and concrete plans to bring production back online.

Oil & Gas: Market Tightens, Raising Price Forecast

Sector Analysis: 30 May 2018, 5:34 AM ET - Oil has come off the boil in the past week as the Saudis and Russia look to help ease tightening oil market conditions. However, we expect conditions will remain tight nonetheless - raising price forecasts.

European Integrated Oil: FY17 Wrap & Recs. Update

Sector Analysis: 19 Apr 2018, 11:32 PM ET - In this sector piece we review the European Integrated O&G’s 2017 results, outlook and recommendation. More specifically we move Statoil to U/P from M/P, and BP to O/P from M/P.

Oil Markets: IEA Remains Cautious due to Shale

Sector Analysis: 14 Feb 2018, 3:56 AM ET - The IEA released an Oil Market Report highlighted by an increased demand forecast and continued fears for downside price risk given its supply demand forecast for 2018.
Focused

Petroleum Geo-Services 4Q17: Hunkered Down

Earnings Note: 05 Feb 2018, 10:22 PM ET - PGS financial results have bottomed with an adequate metrics runway to their maturity for its 2020 bonds. 

Petroleum Geo-Services: Positive Pre-Guidance

Worth Watching: 07 Jan 2018, 5:43 PM ET - Petroleum Geo-Services preannounced preliminary $170 million 4Q17 total multiclient revenues and consolidated company-defined EBITDA in excess of $100 million, somewhat improving sequentially from $150 million and $109 million but definitely fro ..
Focused

Petroleum Geo-Services 3Q17: Bottoming

HY Note: 30 Oct 2017, 5:50 AM ET - Historical sales appear at cyclical bottom, waiting for the offshore rally.  
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Petroleum Geo-Services 2Q17: Summer Rally

HY Note: 28 Jul 2017, 5:28 AM ET - Results perk up off the recent lows.

Spotlight on Seitel

HY Note: 25 Jul 2017, 8:40 AM ET - Weak fundamental outlook, but a couple of technicals might kick in.

May 2017 Company Coverage Initiated

Company Coverage Initiated: 31 May 2017, 10:21 PM ET - Our monthly report provides executive summaries for the eight companies on which we launched coverage in the US, Europe, and Asia during the month of May.
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Spotlight on Petroleum Geo-Services

HY Note: 16 May 2017, 9:56 PM ET - Indications of a 2017 demand uptick; seismic is an early indicator for offshore services.

Seadrill Limited Restructuring: Framing the Issues

Company Analysis: 22 Dec 2016, 2:17 PM ET - John Fredriksen has the ability and desire to restructure SDRL out of bankruptcy, to bondholders' advantage.

Oil Markets: OPEC Agrees to 1.2 mmbd Supply Cut

Worth Watching: 30 Nov 2016, 12:36 PM ET - Oil Markets OPEC concluded its ordinary meeting in Vienna and reached a deal to cut its oil supply, agreeing to a reduction in production of 1.2 mmbd to 32.5 mmbd.  This is the low-end of its 32.5-33.0 mmbd production target announced after its ..

CreditSights 12th Annual European Conference

Announcement: 29 Nov 2016, 8:54 PM ET - Download our Conference Mobile App for our upcoming event on Friday 9th December 2016.

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