We've seen what SSN presented, but what about the rest of the conference
Index to presentations
http://www.enercominc.com/the-oil-and-services-conference/pdf-presentation-downloads/
Couple of very interesting non company presentations from Enercom. Highlights for me ... humor first ...
(a) in honor of the good doctor
and
back to serious stuff now (aww shucks)
(b) quite a few slides on world production, consumption, history, forecasts and the current state of play. The most important ones IMO
Production growth hitting the wall
Well Economics heading to zero at current prices using PRE-CASH D&C costs (post crash pricing helps out)
and noting "5 Positive Characteristics That Never Go Out of Style" from this presentation
and then saving the best for last...
(c) WHAT INVESTORS (i.e. us!!) are LOOKING FOR in O&G companies. I'll leave the positioning of SSN to the reader for discussion
CASH IS KING it seems
but GROWTH needs to be there
CASH IS STILL KING it seems
and while I've left out some of the peer comparisons on debt, this is the summary. DEBT IS MOST IMPORTANT
and the DEBT issue is summarized pretty much in these 2 pictograms!!
and
The source for all of the above comes from
http://www.enercominc.com/downloads_TOSC_2015/EnerCom-Greg-Barnett.pdf
and
http://www.enercominc.com/downloads_TOSC_2015/EnerCom-James-Constas.pdf
Recommend viewing the whole presentation.
