Amid a tumultuous stretch for Alberta’s oil and gas industry, there’s hope around the sector that the arrival of winter could bring some stability for natural gas producers.
Analysts say a drop in natural gas production in the United States — resulting in part from a dramatic pull back in American shale oil — may provide a much-needed lift in prices, if a normal winter is around the corner.
It’s a situation that could improve companies’ cash flow, helping them to pay down debt. It may also provide a window for Canadian gas producers to boost their U.S. exports.
Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.