Top Calls: Oil Industry Under-Invested Between 2014-2021

The video discusses the recent performance of Exxon and Chevron, highlighting their cost discipline and production strategies. It explores the balance between controlling costs and ensuring long-term growth in the capital-intensive energy sector. The discussion includes oil price trends, potential risks like a recession, and the impact of global events such as the China reopening. The future of energy production is considered, with a focus on the limitations of shale and the potential of offshore drilling.

What factors are influencing the production growth of companies like Exxon and Chevron?

How have the capital spending strategies of oil companies changed over the last five years?

Discuss the balance that oil companies need to maintain between cost discipline and capital investment.

What are the implications of the declining resource play for oil companies?

What are the potential risks to oil prices mentioned in the discussion?

What is the significance of the China reopening trade for oil prices?

What are the challenges associated with offshore oil production compared to shale oil?