Alternatives
shutterstock_2364977019.jpg

January 1, 2022

E&P First Quarter 2022

Eagle Ford

Executive Summary

Oil prices rose through the quarter as increased demand was met with continued producer restraint. West Texas Intermediate (WTI) front-month futures began the quarter at $75/bbl and settled just over $100/bbl to close the quarter, after peaking March 8th at $124/bbl.  The climbing prices come as geopolitics became front and center with Russia launching its invasion of Ukraine.  Western nations enacted a series of economic sanctions against Russia.  While the sanctions generally included carve-outs for energy exports, issues with financing and insurance, as well as the exit of Western oil and gas companies and oilfield service providers from Russia, have resulted in a substantial decline in Russian oil exports.  Russia was the third-largest producer of petroleum and other liquids in 2020, behind the U.S. and just shy of Saudi Arabia, according to data from the U.S. Energy Information Administration (EIA).  Prices swung dramatically throughout March based on the progress of peace talks, among other new developments pertaining to the conflict; the high price volatility is the direct reaction from global markets weighing the potential that much Russian oil may no longer be available.  

Download the full newsletter

Download
Download the newsletter

Continue Reading

Takeaways from the 2026 Hart Energy Capital Conference: Capital Returns, Natural Gas Grows, and Scarcity Persists
Takeaways from the 2026 Hart Energy Capital Conference

Capital Returns, Natural Gas Grows, and Scarcity Persists

Hart Energy's 2026 Energy Capital Conference brought together operators, investors, lenders, and advisors to discuss the forces shaping capital allocation across the energy sector. While topics ranged from LNG exports and data center power demand to asset-backed securitizations (“ABS”) and private equity continuation vehicles, four themes consistently emerged throughout the day.
Mineral Aggregator Valuation Multiples Study Released-Data as of June 3, 2026
Mineral Aggregator Valuation Multiples Study Released

With Market Data as of June 3, 2026

Mercer Capital has thoughtfully analyzed the corporate and capital structures of the publicly traded mineral aggregators to derive meaningful indications of enterprise value. We have also calculated valuation multiples based on a variety of metrics, including distributions and reserves, as well as earnings and production on both a historical and forward-looking basis.
Bryce Erickson to Speak at Hart Energy’s 2026 Energy Capital Conference
Bryce Erickson to Speak at Hart Energy’s 2026 Energy Capital Conference
Mercer Capital is pleased to announce that Bryce Erickson, ASA, MRICS, Managing Director, will speak at Hart Energy’s 2026 Energy Capital Conference, taking place June 3-4, 2026, at The Post Oak Hotel in Houston, Texas.For more than 20 years, Hart Energy’s Energy Capital Conference has brought together energy executives, private equity leaders, investment bankers, institutional investors, and other financial decision-makers to discuss the deals, strategies, and market dynamics shaping the energy industry. This year’s conference will focus on capital deployment, M&A activity, institutional investment trends, and broader energy finance considerations.Erickson will participate in the panel discussion “Asset Valuations in a High-Price World: Separating Signal from Noise.” The session will examine how capital providers, lenders, and operators are valuing energy assets in today’s elevated commodity price environment while keeping long-term fundamentals in focus. Panelists will discuss valuation assumptions, decline curves, financing structures, return thresholds, and strategies for managing downside risk during commodity price cycles.Bryce Erickson leads Mercer Capital’s energy industry practice and has more than 25 years of experience providing valuation and financial advisory services across the energy sector. Since 1998, he has led approximately one thousand engagements involving oil and gas companies, mineral and royalty interests, oilfield services businesses, and related energy assets for purposes including mergers and acquisitions, tax planning, litigation support, financial reporting, financing, and strategic planning. Bryce regularly publishes on oil and gas industry topics through Mercer Capital’s Energy Valuation Insights blog and is also a contributor to Forbes.com’s Energy sector.Mercer Capital works with energy companies, mineral and royalty owners, oilfield services businesses, investors, attorneys, accountants, and financial institutions on a broad range of valuation and advisory matters. The firm provides business valuation, asset valuation, transaction advisory, financial reporting valuation, and litigation support services across the energy industry, helping clients address complex financial and strategic questions with independent, well-supported analysis.Through its participation in the conference, Mercer Capital looks forward to contributing to discussions around valuation discipline, capital markets activity, and long-term value creation in the energy sector. Additional information about Hart Energy’s 2026 Energy Capital Conference is available on their website: Energy Capital Conference

Cart

Your cart is empty