Published on Tuesday, February 25 2020
Authors: John Auers and Robert Auers

The early days of the new decade of the 2020s has shown to be a challenging one for refiners, with both anticipated and unanticipated events leading to an uncertain and challenging environment for industry participants.  In thinking about this situation and challenges faced by refiners, the ZZ Top classic, “Got…

Published on Tuesday, February 18 2020
Authors: Sam Davis and John Auers

Today, we continue our blog series reviewing highlights from the recent Q4 2019 earnings calls. In last week’s blog, we shared key takeaways from the earnings calls for the Integrated Majors, focusing primarily on their downstream businesses, and also highlighting efforts being taken to reduce carbon footprint as the industry…

Published on Tuesday, February 11 2020
Authors: Sam Davis and John Auers

As fourth quarter and full year 2019 earnings season draws to a close, we pause to reflect on a difficult year for the industry but also take note of a future holding both challenges and opportunities.  Many of these are coming from the changing industry environment wrought by the worries…

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