Even before disruptions attributable to the COVID-19 pandemic, adverse changes in the energy industry compelled companies to adapt in a variety of ways. Some have converted to an “asset light” model to better respond to changes in commodity price dynamics, others proposed to pivot from hydrocarbon production in a much more significant way. More than six months into the pandemic and with an increase in oil prices a medium term hope for producers, how should companies think about managing their businesses in this environment?
On Thursday, November 12, 11:00 a.m.-12:00 p.m. CT, our Baker Botts corporate partners discussed the policy and legal aspects related to this question, including:
- Prospective developments in the energy industry in the next 12-18 months, including expectations for changes in demand and opportunities for consolidation
- Implementing capital solutions in a challenging financing environment
- Insights from recent restructurings in the industry and suggestions for companies evaluating liability management options
- “Going private” as an alternative to remaining publicly-listed
- Anticipated impact of U.S. election results
The panel featured:
- Michael Webber, the Josey Centennial Professor in Energy Resources at the University of Texas at Austin and also Chief Science and Technology Officer at ENGIE, a global energy & infrastructure services company
- Peter Bowden, Managing Director and Global Head of Energy Investment Banking at Jefferies
- From Baker Botts, Jim Marshall (Corporate, as moderator), Jason Rocha (Corporate) and Robin Spigel (Financial Restructuring)
To view the on demand version of the webinar, click here.
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