Don’t Call It A Comeback

FundamentalEdge July 2020 Edition

This month’s issue of Fundamental Edge explores our current view of the oil, natural gas, and NGL markets and where they are headed over the next five years, along with what to look out for in Q2 earnings.
After a painful shock to the system, rebalancing in the oil, natural gas, and NGL markets is currently underway. However, COVID-19 is still a concern as companies prepare to release their Q2 earnings reports.
In this report, Enverus covers different indicators— OPEC+ and non-OPEC production, gas production and breakevens, and NGL production and prices—to present an overview of the three markets. The report also notes the main points to look out for when Q2 earnings begin in the back half of July.