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October 2020 O&G Metrics from Cinco Energy
By Camille Nichols • October 31, 2020
$147 Billion: The market capitalization of Nextera Energy, making it the most valuable energy company in the US.
930,000 net acres: The Permian position that will be created by Pioneer Natural Resources’ acquisition of Parsley Energy.
2050: The year by which ConocoPhillips aims to reduce its operational emissions to net zero.
2/3: The projected proportion of cars that will remain gasoline powered by 2050, according to IHS Market.
$30 Billion: The cumulative value of announced E&P mergers, year to date.
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