Energy Equipment & Services - Coverage Report (October)

Published on: 10/18/2016

The latest issue of our monthly Energy Equipment & Services Report, highlighting trends in M&A, financing and capital markets for private and public companies in the energy market, is now available. 

Highlights include:

  • Crude prices have risen significantly, with WTI clearing the $50 threshold, following news of an OPEC + Russia agreement to limit production
  • US Rig counts continue to improve moderately
  • Refinery utilization is down nearly 500k bpd and is expected to decline further as turnaround season progresses
  • New York's recent agreement between the Public Service Commission and Con Edison provided a potential framework for other states to encourage distributed clean energy while accommodating local utilities

Key Contacts