I would like to take a moment to thank you for being a loyal www.multimediastudio.net reader. As a subscriber to our bi-weekly newsletter, you’ve been at the front-row of what has been nothing less than an exceptional year in energy markets and other articles. In many ways, 2020 and 2021 have surprised energy markets, but while we’re riding out of the pandemic, new challenges have emerged. As the energy transition continues to gain momentum, the war in Ukraine has changed oil markets for good, upending existing oil flows and creating major volatility. Despite the turbulence in oil & gas markets, energy companies have made excellent returns in Q2 and Q3 and many of them have decided to return their profits in the form of buybacks and extra dividends. As energy companies’ balance sheets continue to improve, cash flow is the thing that every investor will be looking for. After the exodus in 2020, asset managers are once again flooding back into energy stocks, because they all know that in a recessionary environment, energy is a great spot to be in. Despite a couple of outliers, most Wall Street firms remain bullish on the energy sector as a whole, even as many economists are predicting a mild recession in 2023. We’re looking forward to sharing the top oil and energy news stories with you in the new year. Happy New Year!
