PEP Research Director Kevin MacCurdy discusses the valuation gap between US Oil Majors and their European counterparts in a recent Bloomberg News report.
“The market has gone back to valuing traditional oil and gas higher than in the past, with renewed importance due to geopolitical events,” said Kevin MacCurdy, lead upstream analyst at Houston-based Pickering Energy Partners. “This favors traditional oil and gas producers especially from secure countries like the United States.” (Bloomberg News)
