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From oil producers to power players: A smart move?

"An oversupply of resources, combined with reduced energy intensity and changing consumer behaviors, has created a new normal that requires a fundamental rethink of value-creation opportunities in the oil and gas industry.

Investors are demanding change and for good reason. While the erosion in oil and gas revenue and EBITDA (earnings before interest, taxation, depreciation and amortization) will continue over many years, share prices are being impacted today. Even as demand grows, enterprise value will likely take a further hit."

Online Resource details


Websites: Link to Accenture website

Publisher: Accenture

Keywords: future

Subjects: Oil and gas, Decarbonisation

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