TopGun^® Press

Brendan Wood International Investor Conviction Intel – Oil & Gas Sept 2023

September 20th, 2023 by TopGun Press

New York, NY, September 20th, 2023 (TopGun Press)

Below are some of the most topical Oil & Gas Stocks on the BWI Shareholder Confidence Index based on our daily chats with global investors.

ARC Resources Ltd: ARC Resources has been a talking point recently in light of their Attachie project. While investors say it will take a bit of time before the impact of the project is felt in terms of production, the plan ARC Resources has laid out for the project has been well received and investors are confident that they will execute on this project and look at this as a catalyst. Investors rate the management team as one of the premier teams in the entire sector.

BP PLC: Investors are unilateral in their view that BP’s push for greener fuels is at a pace that is too fast. Investor ratings of BP’s Strategy, CEO and Balance Sheet have declined thus far in 3Q as has their Commitment to Own. Currently investors in the European Oil & Gas space have stronger ownership conviction in TotalEnergies SE and a preference for TotalEnergies SE’s management’s chosen strategy.

Hess Corp: Guyana continues to be a talking point among Energy Investors. Investors are excited about what it means for Hess Corp’s Growth Potential, both Short and Long term. However, despite the positives around the company Growth Potential wise, Investor Commitment to Own Hess Corp for the next 12 months has declined from where it was in the first quarter of this year. Investor ratings of Hess Corp on the Non-Growth Investment Quality Metrics are not as strong as their Growth Scores.

Pioneer Natural Resources: PXD remains topical to many investors in the space. Investors remain confident in Pioneer Natural Resources’ Strategy and Management, however with Richard Dealy taking over from longtime CEO Scott Sheffield in the new year, investors are curious to see what his plan may look like, and want to hear more about what changes may occur.

Largest Increases in Confidence Strategy (Quarter over Quarter) (3Q2023 at Sept 13 vs. 2Q2023):

Ovintiv Inc. +21%
Coterra Energy Inc +16%
Crescent Point Energy Corp. +15%
Kosmos Energy Ltd +13%
Parex Resources Inc +11%
ARC Resources Ltd +6%
Southwestern Energy Company +6%

Brendan Wood International (BWI) serves a dual clientele of world leading investors and their corporate investment targets as well as broker dealers who provide research, sales and trading services to the investment community. Big cap companies looking for comprehensive investor confidence data on their organizations are likely to discover that Brendan Wood partners consult with their investors non stop year round. Investors depend on BWI to quantify the demand side of the investment industry across 1400 names worldwide, including the name by name research sales and trading professionals who influence investor demand.

About Brendan Wood International:

Brendan Wood International (BWI), formed in 1970, is a private advisory group which originates performance investigation programs in the capital markets. Brendan Wood Partners debrief large institutional investors worldwide on a daily basis. There are 2000 investors in the investor panel collectively managing + $50 trillion invested in the 1400 companies on the BWI Index. Relying on its real time performance intelligence, BWI advises public companies, institutional and activist investors, investment banks and broker dealers on strategy, performance and recruitment of TopGun talent. The firm’s partners have formally presented at 1000+ C level strategy meetings and corporate off sites in fifty cities. Brendan Wood founded the exclusive TopGun Club, a performance based institution.

Disclaimer:

We wish to emphasize that all reports, evaluations and assessments contained herein, represent Brendan Wood International’s subjective judgment and opinions, based on our years of experience and on information obtained by us in the course of our research. Much of the factual information contained in the reports has been obtained by us from third parties on whose responses we have relied in good faith, independent verification by Brendan Wood International being, under the circumstances, impossible. While we believe that you will find our reports to be an invaluable tool in formulating your own strategies and judgments, the foregoing should be borne in mind. This report is not meant as investment advice and should not be interpreted as advising on the value of a company’s securities, the advisability of investing in, purchasing or selling any company’s securities or any other conclusion relating to investment/divestiture of a company’s securities. Finally, this report is not intended as an offer or solicitation for the purchase or sale of any company’s securities.