Oil majors and corporate strategy
Analysis of Shell, BP, Chevron, ExxonMobil, TotalEnergies, Eni and the strategic choices shaping the major oil companies.
Begin with: Exploration made the oil majors. But who still knows how to do it?A guide to PetroEquity Signal
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PetroEquity Signal is an independent oil and gas strategy platform for investors and industry leaders.
Seven pathways into the archive
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The site examines how oil and gas companies allocate capital, shape portfolios, pursue transactions, manage decline, build resource depth and respond to public-market pressure. New readers can begin with the themes below.
BP, Shell and the boardroom
Governance, valuation, capital-markets confidence and the theoretical Shell acquisition of BP Boardroom Series.
Begin with: Thirty-Three Days at BPExploration and resource duration
Work on whether companies still know how to find, renew and convert advantaged oil and gas resources.
Begin with: What Stabroek Taught the Market About ExplorationUpstream E&Ps
Company case studies covering business quality, technical ambition, balance sheets, capital discipline and shareholder outcomes.
Begin with: Two Funds, One Oilfield: Hurricane Energy as a Case Study in Capital, Timing and Technical RiskCorporate break-ups and capital allocation
What happens when oil companies reshape or separate businesses, and how management teams allocate the resulting capital.
Begin with: How Oxy Monetised California Without a BuyerGovernance, boards and credibility
Boardroom decisions, leadership transitions and the signals companies send to investors.
Begin with: How Palliser Reshaped CapricornTransactions and M&A
The strategic logic, valuation and market consequences behind major oil and gas transactions.
Begin with: ConocoPhillips got bigger, but did it get better?Access
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