At a time where many oil companies need to shed assets and spin off businesses to keep themselves alive, there are certain companies that are perfectly positioned for the current market. Oil prices have plummeted 70 percent from highs in June 2014 and not many upstream oil and gas operations are making money. Companies losing the least cash and maintaining the cleanest balance sheet can take advantage of the current market. The value of a large oil and gas company is partly in its ability to become the lowest cost producer and partly in its asset management ability. Some companies have diversified operations with upstream, midstream, and downstream operations and other large oil and gas producers have diversified basins with various types and qualities of oil, extraction methods, decline rates, days to production, access to global markets, and political risks. The way in which large oil and gas companies […]