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Monday, October 4, 2021

ConConchCOP Primed For Profit In The Permian -- David Messler -- October 4, 2021

I track the ConConchCOP story here. Wow, this story certainly has legs. 

Now, today, another article on same story. Link to one of my favorite columnists: David Messler.  Archived.

  • European oil majors are working hard to cut their emissions by shedding assets as they attempt to become energy majors
  • One of the highest-profile cases of this transition so far was the sale of Shell’s Delaware acreage to ConocoPhillips
  • The market has responded by rewarded COP with a 25% increase so far this week, but the real value is yet to be realized

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