Stifel: The domestic oil & gas producers have been sticking to extreme fiscal discipline
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Stifel analyst Stephen Gengaro highlights the challenge for domestic oil & gas producers in balancing increased U.S. production with potentially lower oil prices next year.
November 08, 2024 | 1:00 pm
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NEGATIVE IMPACT
BNO, an ETF tracking Brent oil prices, may be impacted by the potential for lower oil prices next year as discussed by Stifel analyst Stephen Gengaro.
BNO is directly tied to Brent oil prices, which may be affected by the anticipated lower oil prices next year. This could lead to a decrease in BNO's value.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50