Barclays conference: EOG prepares for steel inflation while Murphy weighs long-term portfolio options - Oil & Gas Journal
Why now
Thesis: Steel inflation raises energy producers' capex and operating costs.
Catalyst to watch: Further steel price increases or capex guidance.
Main risk: Steel costs ease, relieving margin pressure.
Why it matters
Steel cost inflation raises capex and operating costs for energy producers, compressing margins over time.
Sources
- googlenews · news.google.com · 2026-09-11 17:25 UTC