This week, I am attending EnerCom's The Oil and Gas Conference®
here in Denver. The conference hosts more than 100 presenting
companies and provides a unique opportunity to listen to the
perspectives of senior management and key industry professionals
concerning the future of the oil and gas industry.
So far, commodity prices are a major focus, along with
recognizing the cyclical nature of the oil and gas industry;
however, the good news is that this is not the first downturn that
many of these players have seen. In fact, several folks here are
saying that there are a lot of reasons to be bearish and they are
saying it's a good time to buy assets at historically
attractive pricing. Only time will tell – "Even Warren Buffett, who likes to buy when
there's blood in the streets, has mostly exited
energy."
