Lower Prices Can Impact E&P Acquisitions

In the higher commodity price environment of 2010 to 2014, upstream companies (E&Ps) either sold gathering systems to raise capital and/or incentivized midstream companies to construct assets for their benefit. This resulted in E&Ps agreeing to long-term contracts with minimum volume commitments, dedicated acreage and in some cases guaranteed cash flow. Midstream ownership of gathering systems can be a win-win for both the midstream and E&P companies. Operating the gathering […]

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OPEC Decision Brings Welcome Relief to US Operators: Financial Times Talks to Opportune

OPEC DECISION BRINGS WELCOME RELIEF TO US OPERATORS Share prices rise but fragile balance sheets could temper production increases By Ed Crooks in New York December 1, 2016 Financial Times The agreement by Opec, the oil producers’ cartel, to cut output has been welcomed in the US industry as a godsend for hard-pressed production and service companies. But many groups are still expected to be cautious about stepping up production, […]

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Bankruptcy consultants have their hands full–Q&A: Bryan Gaston

Opportune’s Bryan Gaston speaks with the Houston Chronicle… The ongoing oil bust has left the energy sector deeply wounded, but business is booming for Bryan Gaston, who joined Houston-based energy consulting firm Opportune a year ago. Gaston is a managing director focused on corporate restructuring—mostly bankruptcies—in the oil and gas sector. About 230 North American energy companies have filed for bankruptcy since the beginning of 2015, and nearly half of them are […]

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Energy Executive Compensation: The Growth of TSR Plans

“By assessing performance relative to peers, a Total Shareholder Return plan normalizes the measurement to remove the effects of conditions affecting the entire industry. It places less focus on short-term stock price swings and requires sustained performance over time.” – said Opportune’s Shane Randolph and Petar Tomov in Oil & Gas Investor…see below to read the full article. During the most recent energy downturn, many companies are considering how to best […]

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Gauging the pressure: The state of distressed debt and bankruptcies in US oil & gas

Opportune’s Ryan Bouley speaks with Debtwire… Debtwire: The pace of Chapter 11 filings by US oil & gas companies has slowed since the start of 2016. But do you think another wave of bankruptcies could be looming? If so, what could be the catalyst, besides a sudden drop in energy prices? R. Bouley, Opportune: We’ve already seen quite a few bankruptcy filings by oil and gas firms – there have been more […]

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Jeremy Ham Joins Opportune as Managing Director

HOUSTON– Opportune today announced that Jeremy Ham has joined the firm as a Managing Director in its Strategy and Organization practice. Based in Houston, Jeremy will focus on developing and executing strategic solutions designed to lower transaction costs and mitigate risks. Jeremy joins Opportune with extensive energy industry experience in mergers and acquisitions, evaluation and integration, deal structuring and negotiations, capital raising, strategic planning and business development. He previously served as […]

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Opportune Tech Talk – the latest SAP HANA release and Oil & Gas

Last week SAP announced the availability of their S/4 HANA 1610 release. Why is this significant to the oil and gas sector? Well, S/4 HANA 1610 is the first full S/4 HANA release to include the oil and gas-specific functionality of the IS-OIL industry solution. Opportune joined SAP, SAP oil and gas operators and partner firms to get a deeper insight into what to expect from this release, what is still to […]

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Oil, Natural Gas Futures Slide, As OPEC And Inventories Weigh On Traders’ Minds

Opportune’s Shane Randolph weighs in with TheStreet… Click for the full article Consequently, commodities investors looking for direction on both oil and gas prices may have to settle for a meandering market for both energy sources going forward, experts contacted by TheStreet say. “The only thing for sure is that oil and gas prices will go up and they will go down,” says Shane Randolph, managing director at Opportune Consulting, in […]

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Are investors regaining an appetite for US oil? Financial Times talks to Opportune

INVESTORS REGAIN APPETITE FOR US OIL by Ed Crooks and Eric Platt in New York October 12, 2016 Financial Times Signs of a bullish turn in sentiment are emerging as companies tap debt and equity markets Investors are regaining their appetite for riskier US oil and gas assets, as the rebound in crude prices bolsters hopes that the industry faces a brighter long-term future. Signs of a bullish turn in […]

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Presidential Candidates Promise Changes To The Renewable Fuel Standard

Scrap Or Overhaul? Trump And Clinton Promise Changes To The Renewable Fuel Standard by: Jacqueline Campos As if we needed further proof that renewable energy is a mere afterthought in the 2016 Presidential campaign, we had this question, posed near the end of a 90-minute town hall, by an undecided voter: “What steps will your energy policy take to meet our energy needs, while at the same time remaining environmentally […]

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