FROM THE OIL PATCH

Exxon faces 0MM earnings hit from Texas freeze
HEADLINES OF INTEREST

Exxon faces $800MM earnings hit from Texas freeze

Exxon Mobil expects first-quarter earnings to be reduced by as much as $800 million due to the deep freeze that plunged Texas into darkness last month. Even so, the oil giant probably returned to profit after four straight losses. Rebounding oil and natural gas prices increased earnings by as much

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Is Natural Gas Still A Safe Bet For Oil Majors?

Is Natural Gas Still A Safe Bet For Oil Majors?

Increased scrutiny over the environmental impact of natural gas—a key source of methane, which is a much more harmful greenhouse gas than carbon dioxide—has some industry analysts questioning the long-term prospects of global gas demand in the energy transition. Big Oil has bet big on natural gas developments in the

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WEEKLY UPDATE
ANALISIS & INSIGHTS

Preston Pipe Report – March 2021

(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor <= 16” Diameter – In the OCTG section we noted that domestic HRB prices were increasing

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