Osmar Abib Sees 'Substantial' Oil Deals, Equity Issuance

The video discusses the allocation of CapEx budgets to US shale, with a focus on Exxon Mobil's investments. It explores private deals in the shale industry, M&A trends, and the challenges of valuations. The transcript highlights the high valuations in the Permian Basin and the substantial IPO backlog in the oil services sector. It also covers regional focuses like Eagleford and Bakken, and the future of IPOs driven by expected market improvements rather than current fundamentals. The discussion includes the impact of oil prices on IPOs and the importance of innovation and safety for smaller companies entering the market.

What factors are influencing big oil's investment decisions in shale?

How does the valuation of Permian companies compare to those in the Bakken?

What are the implications of the substantial IPO backlog in the oil service sector?

In what ways might the expected recovery in 2018 affect the oil service industry?

What challenges do smaller companies face when competing in the oil service market?