4min chapter

Value Hive Podcast cover image

Shubham Garg: Small-Cap E&Ps & Launching White Tundra Petroleum

Value Hive Podcast

CHAPTER

How to Choose a Low Decline Oil Company

If you're looking for a company that's relatively just flat, flatish production and they have the inventory depth. Any growth company that's got a hard decline rate than 15% is just not going to be able to get outside of its own churn in a low enough oil price environment. And then any company that's trying to stay flat and doesn't have inventory, I think you want to be looking at very, very low decline rates like sub 10%. Otherwise those are the exact companies that are going to be buying at four, six, eight times cash flow as the cycle continues or should be buying right now.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode