Barclays Cohen Sees More Pain for Permian Through Year's End

The video discusses the disparity between regional oil prices in the Permian and Gulf Coast, highlighting the impact of upcoming pipelines on price stress. It covers US and non-OPEC oil production growth, noting significant contributions from regions like Niobrara and Eagleford. The discussion shifts to energy stocks, emphasizing valuation gaps and the potential for catch-up plays. Finally, it explores the trend of diversifying oil production away from the Permian to regions like Bakken and Eagleford, suggesting a strategic shift for companies.

What is the main focus of the discussion regarding the Permian region?

• The increase in global oil demand

• The growth of renewable energy sources

• The regional price differences compared to Gulf Coast prices

• The impact of OPEC decisions on oil prices

Which regions in the US are experiencing growth in oil production?

• California and Nevada

• Texas and Florida

• Gulf Coast and Alaska

• Niobrara, Colorado, and Eagleford

How is non-OPEC supply growth affecting the global oil market?

• It is offsetting the expected increase in demand

• It is leading to a decline in renewable energy investments

• It is reducing the global oil supply

• It is causing a decrease in oil prices

What is the disparity discussed in relation to energy stocks?

• The gap between oil prices and energy stock valuations

• The variation in stock prices between different oil companies

• The difference in stock performance between US and Canadian companies

• The difference between renewable and non-renewable energy stocks

What strategic shift is being observed in the oil industry?

• A move towards renewable energy sources

• An increase in offshore drilling activities

• A focus on reducing carbon emissions

• A shift from the Permian to regions like Bakken and Eagleford