This paper argues that the path to higher valuation multiples lies in reducing the cyclicality of the business and prioritizing consistency in strategy over responding to the ever-changing winds of investor sentiment – while establishing credibility takes time, we offer recommendations to help accelerate the process for the US E&P industry.
Are we charting a new course for the E&P sector? From our perspective, the fate of the industry hinges on whether Boards can successfully align executive compensation with the new E&P business model.
Within this paper, we describe the need for E&Ps to reduce the carbon intensity of their production and create an industry-wide offset exchange to incentivize emissions reductions and facilitate carbon trading.
Our latest white paper addresses the lack of alignment between executives and shareholders and offers solutions to remedy this deeply rooted issue.
Earlier this year we launched Kimmeridge Energy Engagement Partners in the pursuit of a better E&P business model. Industry consolidation would provide a significant tailwind to equity prices and investor returns.
The US E&P industry is in a time of crisis thanks to overproduction and poor returns. We propose a new business model.
One of the major concerns among oil industry investors is the potential impact of the shale revolution on global oil prices.