David Messler

Latest articles from David

• Small Oilfield Service Companies May Have Big Upside

  Published 19 September 2023 | viewed 7,515 times

  The market could be ready to make a sharp turn higher in the valuations of the smaller oilfield service-OFS companies. Since May of this year…

• Shale E&Ps In High-Gear Consolidation: Big Fish Seize Top-Tier Acreage

  Published 23 August 2023 | viewed 5,212 times

  We are in the later stages of a consolidation phase in shale-oriented E&P’s that began in late 2020 and has continued since without much let…

• The Imminent Peak In Permian Oil: What Does it Mean For Investors?

  Published 31 July 2023 | viewed 13,366 times

  In this article, I will update the general trends now being observed with daily production out of the Permian basin. In past articles, I’ve discussed the…

• ExxonMobil Makes Major Move Into Carbon Capture With $4.9 Billion Acquisition

  Published 19 July 2023 | viewed 6,955 times

  ExxonMobil (NYSE:XOM) made a splash in the Carbon Capture and Underground Storage-CCUS business last week with news of its $4.9 bn acquisition of Denbury Resources…

• Commodities And Consolidation: Earthstone’s Bold Asset Swap Strategy

  Published 30 June 2023 | viewed 2,840 times

  When commodity prices fall off as they have the last eight months, companies begin to high-grade their portfolios or seek a way to lower costs.…

• U.S. Shale Production Is Set For A Rapid Decline

  Published 20 May 2023 | viewed 61,374 times

  I have argued in several Oilprice articles, and most recently in February 2023, that the era of increasing output from shale wells did not have much…

• Why Shale Frackers Should Be In A Strong Position In 2023

  Published 02 May 2023 | viewed 9,503 times

  Last December I published an article on Oilprice discussing why I thought land drilling contractors would start to rally after the first of the year.…

• Tellurian’s Driftwood LNG: A Solid Project Or A Pipe Dream?

  Published 24 April 2023 | viewed 5,057 times

  Tellurian (NYSE:TELL) is one of those speculative stocks that seem to cast a spell over the "Bottom Fishing” investors of the world. It is its…

• Oil Demand Set To Remain Strong For Years To Come

  Published 10 April 2023 | viewed 19,566 times

  I often get asked by readers of my articles, most of which involve investing in upstream oil and gas producers, and the service providers that…

• Is This The Next Permian Mega Deal?

  Published 10 April 2023 | viewed 6,562 times

  The Wall Street Journal reports that ExxonMobil, (NYSE: XOM), and Pioneer Natural Resources, (NYSE: PXD) are in preliminary discussions about a merger. There has been…

• Finding Value In Eagle Ford’s Merger Mania

  Published 28 March 2023 | viewed 5,133 times

  Baytex Energy, (NYSE:BTE) made news toward the end of Feb with its announcement of the merger with Ranger Oil Corp (RROC) for about $2.5 bn last week.…

• Will Juicy Dividends Get Axed Amid Rising Interest Rates?

  Published 15 March 2023 | viewed 4,644 times

  Capital-intensive businesses have had a free ride for the last decade and a half as regards interest rates on their debt. Many have funded capex…

• Is This Shale Giant A Buy After Earnings Miss?

  Published 20 February 2023 | viewed 12,765 times

  As expected, Devon Energy (NYSE:DVN) was hammered by the market on the release of earnings, which missed analysts' EPS estimates by $0.09 and modestly exceeded…

• Will U.S. Shale Ever Return To Its Glory Days?

  Published 02 February 2023 | viewed 13,399 times

  This article is intended to provide an update on one of the key trends I highlighted in my last OilPrice article on shale output in…

• Where To Look For Unrealized Value In Oil Markets

  Published 25 December 2022 | viewed 17,736 times

  With the weakness in oil prices in Q-4, producing companies have struggled, in many cases giving up 20-30% of their early November peak share prices.…

• What’s In Store For Oilfield Service Companies In 2023?

  Published 14 December 2022 | viewed 16,079 times

  We have seen a wide range in oil prices during 2022. From the start of the year, when West Texas Intermediate-WTI, was trading in the…

• Is The Eagle Ford Shale Play Getting A Second Wind?

  Published 20 November 2022 | viewed 16,789 times

  Over the last year, the Eagle Ford Shale play has seen a lot of renewed interest in investment as well as M&A activity. Just this…

• Is U.S. Shale Production Peaking?

  Published 07 November 2022 | viewed 18,190 times

  I have argued in a succession of OilPrice articles, here, here, and here, that the era of rapid growth in shale output was coming to…

• Europe’s Energy Crisis May Not End Until 2024

  Published 20 October 2022 | viewed 2,971 times

  The worst energy security fears of spring and summer as regards the coming winter in the European Union-EU, have been somewhat allayed. Earlier this year…

• Oil Prices Could Be Set For Another Sharp Rise

  Published 28 September 2022 | viewed 30,558 times

  It's been a rough couple of weeks in the energy market. As potential energy company investors, we are not sorry to see the back of…