Cenovus-Husky Deal: E&P Merger Mania Moves North – Cenovus Energy (CVE) announced a deal to purchase Husky Energy (HSE.TO) to create the third-largest Canadian oil producer as the wave of E&P consolidation moves north to Canada. CNQ, COP, CVE, CXO, HSE.TO, PBA, PE, PXD, SU, VSN.TO.
Hurricane Season Rolls on with Zeta – The 2020 hurricane season continues to loom over the offshore industry as Tropical Storm Zeta gains strength over western Caribbean waters. BP, BHP, CVX, OXY, RDS, ENB.
Riding out the Storms – We expect Williams (WMB) to report a slight Q-o-Q uptick in 3Q2020 earnings from its Gulf of Mexico assets despite significant storm disruptions in the quarter. WMB.
Key North American energy indicators and midstream equity prices.
Key North American Natural Gas Prices, Crude Oil Prices, and Natural Gas Liquids prices by location.