Executives Pack the 9th Annual Energy Capital Conference
This March, 300+ attendees converged in Austin, Texas for Oil and Gas Investor's 9th annual Energy Capital Conference. Executives from E&P companies, financial institutions and private equity firms spent two days networking, strategizing and hearing from some of the industry's top experts.
Themed "The Push and Pull of Money,"the conferencefeatured over a dozen c-suite executivespeakersand industry leaders who have successfully led and advised companies through past downturns. Attendees had the opportunity to explore opportunities for accessing capital, balance sheet management strategies, restructuring options, M&A activity and more.
Preceding the event, attendees engaged in small group discussions during a golf tournament on the Fazio Foothills Course. Following the tournament, attendees and speakers gathered for an welcome dinner featuring entertainment by longtime CBS commentator, former PGA Tour golfer and bestselling author, Gary McCord.
Oil and Gas Investor's Annual Excellence Awards were also handed out at the conference. Winners included:
Executive of the Year: Harold Hamm, Chairman and CEO, Continental Resources Inc.
M&A Deal of the Year: WPX Energy
Financing of the Year: Blue Whale Energy North America
The conference may be over, but the conversation isn't. Find out what other attendees and speakers are saying about the Energy Capital Conference on
Storify. We would love to hear about your experience too! Here's what we've heard so far about the state of the industry – find out if you agree – Part One &
Be sure to save the date for the 10th annual Energy Capital Conference, April 17-18, 2017 in Austin, TX.
Managing Partner, EnCap Investments L.P.
Kinder Morgan Inc.'s 3Q 2016 Revenue Falls To $3.33 Billion Kinder Morgan Inc. reported lower-than-expected quarterly revenue as its pipelines moved lower volumes of oil and gas.Pipeline companies, once seen as more insulated from commodity price swings due to fixed-fee contracts, were hit hard by a drop in oil prices of more than 60% since mid-2014 as cash-strapped oil and gas companies renegotiated their contracts.Houston-based Kinder Morgan has tried to shore up finances by selling interest in its projects. In July, Southern Co. agreed to take a 50% stake in the Kinder Morgan-operated Southern Natural Gas (SNG) pipeline system, which supplies gas to the southeast U.S. Kinder Morgan agreed in June to sell half its stake in an Ohio pipeline project to private-equity firm Riverstone Investment Group LLC.
Canadian Government Could Curb Power Of Canada's National Energy Board Canada's federal government may curb the power of the National Energy Board (NEB), including stripping it of sole oversight for new projects, as part of reforms to an entity under pressure over a botched pipeline hearing, according to two sources familiar with the matter.The government in Ottawa, responding to what it said is general public displeasure with how environmental assessments of energy projects are carried out, is considering major reforms and tentatively plans to push them through in 2018, said one of the sources.Such changes will irritate industry players who insist the NEB is working well. Critics claim the NEB is too close to the energy industry.