Bison Interests Content

Supply chain disruptions and higher-than-expected demand are creating a structural shift that has resulted in inflationary price movements

Bison's latest white paper dives into Canadian oil egress, additional transport capacity and the local price impact.

Shortages of natural gas have sent pricing at some hubs skyrocketing, which fits into research Bison has been publishing over the past few months. 

Shifting supply-side factors in the midcon region have caused local realized prices at Conway Hub to spike.

A supply deficit and change in mid-con propane exports have recently driven up basis prices at the Conway Hubs.

Sandridge is cheap compared to peers, associated with value destruction despite new management, and is exposed to a huge natural gas price torque.

Natural Gas Supply at Waha Hub has swung from a years-long glut to a deficit that may persist for years.

When Crescent Point turns its 25,000 BOEPD back on, analyst estimates will rise and per-share metrics will shoot higher.

The acceleration of the suburbanization trend due to COVID-19 and its aftermath may have a material, sustainable effect on the global oil supply balance.

Devastation in the oil market is headline news, as oil prices fall by the most since 1991 in response to the failure of OPEC+ and an oil price war by Saudi Arabia.

Crescent Point’s focused assets and reduced share count and debt levels could drive above-average returns.

Two $900+ million asset sales were announced on 9/3/2019. Despite transaction similarities and concurrent timing, valuation differences led the selling companies' share prices to react quite differently.