This Data Book provides a reference guide to the listed oil and gas equities, and their performance.
Contained within it is the principal valuation metrics listed by company, which are used to compile the OGA Valuation Book; The 4Q 2021 OGA Valuation Book has been published contemporaneously.
The sector continues to face headwinds, which don't include the oil price, at least for the foreseeable future.
As with 3Q 2021, ESG metrics continue to undermine sector valuations.
Nevertheless, the oil price outlook should continue to lift cash flows.
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