Andy McConn - Wood Mackenzie
Last quote by Andy McConn
Like any high-growth, capital-intensive investment, the first years are a poor indicator of future profitability. To date, high early-life costs have weighed on cash-flow metrics, but tight-oil producers have made great strides in honing technology and reducing costs.feedback
This page is completely dedicated to what Andy McConn has to say. All of Andy McConn’s quotes are organized here by date and topic. The most recent quote attributed to Andy McConn came from an article called US drillers buy protection against low oil prices, showing OPEC cuts are 'backfiring': “The key message ... is the producers can stick to the plans they originally set out for 2017.”.
Take our quote verification challenge and find out !
Quotes by Andy McConn
Mar 29 2017
The key message ... is the producers can stick to the plans they originally set out for 2017.feedback
Mar 28 2017
Those producers – most of which are highly exposed to U.S. (shale) – will use hedging gains to help plug any budget deficits caused by sub-$50 spot prices.feedback
Mar 28 2017
Oil futures prices must recover before producers can lock in prices over US$55 a barrel for next year, which is what we think is needed to organically fund significant (shale) oil production growth.feedback
Check if the quote you read on social networks is authentic
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided