Global Oil Supply and Inventory Primer Economics Energy Energy Infrastructure Exploration & Production by Matt - March 19, 20180 Global Oil Supply Oil supply is driven by OPEC, geopolitics and new technology. Oil demand is driven by consumption (driving, transportation), where China and other Emerging Markets make up a large percentage of incremental growth. Oil and Gas Price Equilibrium Overview The US$ price of oil itself has been in the news lately,
Oil Terminals and Storage Primer Energy Infrastructure by Matt - March 15, 2018February 17, 20200 Introduction to Oil Tanker Terminals and Storage Oil terminals or oil batteries are part of the midstream oil and gas space. Storage terminals can hold crude oil, gas, natural gas liquids, petroleum products/refined products and even vegetable oil. They can be held by refineries to be produced later, for speculators looking
Types of Mining Methods Metals & Mining by Prithvi - March 9, 2018March 11, 20180 For an introduction to metals and mining, please read the following sections for an overview to the industry: Metals & Mining Basic Materials Selecting a Mining Method Selecting which mining method to use is one of the important decisions a mining company has to make. The mining method selected should maximize cost recovery and
Thoughts on Trump’s Steel & Aluminum Tariffs Basic Materials by Karl - March 9, 2018May 22, 20180 Last week, President Trump announced steel and aluminum import tariffs (of 25% and 10% respectively) on "national security" grounds (Section 232 of the Trade Expansion Act). He signed the orders to impose the tariffs today, with some amendments from his previous hard line position. The announcement follows tariffs on solar panels
Acquisition Finance: Equity Consideration Equity Capital Markets Mergers & Acquisitions by Matt - March 6, 2018March 18, 20180 Should debt be completely tapped out or corporates want to stay within their investment grade credit rating (for some names, they may want to stay at a specific credit rating – for example A-), issuing equity or capital with high equity content is an option when a company requires funding
Acquisition Finance: Bullet Debt Debt Capital Markets Mergers & Acquisitions by Matt - March 4, 2018March 5, 20180 Acquisition Financing – Investment Grade Bonds, Private Placements, Term Loan B, High Yield Debt Bonds, notes and term loans for institutional investors are otherwise seen as much more permanent capital than bank debt and is not meant to be paid down opportunistically. Fixed income investors – which are a distinct group
Acquisition Finance: Bank Debt Corporate Banking Mergers & Acquisitions by Matt - March 3, 2018March 6, 20180 Forms of Acquisition Finance When people think about investment bankers, the first thing that comes to mind is usually is mergers & acquisitions. However, beyond the strategy and advisory component to effecting a merger, full service investment banks are eager to win acquisition finance mandates – that is providing the funds