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Oil and gas sectors burn brightly for bankers

Financial News -- Mergers and acquisitions bankers who specialise in the oil and gas sector are among the small number of those who, over the past five years, have been able to claim to have been consistently busy without an eyebrow being raised.

However, the conditions in which their clients operate have been anything but steady, as new technology, new demand and new supply – most noticeably the masses of shale gas discovered in the US – have shaken up the entire industry.

Matthew Wallace, global head of energy and resources at HSBC, said: “It is a very dynamic background from which to set strategy. We had a client chief executive come to our management committee, and he described it as: ‘Nothing less than a major revolution in oil and gas that is going on [with] these changes in technology’. I think tha

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Submitted Sep 10, 2012 By: skb69sa

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DrCashFlow Champion Author Massachusetts Posts:7,079 Points:1,630,050 Joined:Jun 2008	Message Posted: Sep 10, 2012 9:48:35 PM Ignore DrCashFlow Report Abuse No such thing as a m&a banker. They're all just glorified greedy salesmen
wild3bill Champion Author New York Posts:2,546 Points:1,687,490 Joined:Nov 2005	Message Posted: Sep 10, 2012 9:17:21 PM Ignore wild3bill Report Abuse To lower gasoline and oil prices burnig some Bankers at the stake for witchcraft, (manipulation) of the market placr price manipulation!
PDQBlues Champion Author San Diego Posts:7,084 Points:1,450,275 Joined:Jan 2009	Message Posted: Sep 10, 2012 8:17:42 PM Ignore PDQBlues Report Abuse The game is rigged so that the banks always win, and the consumer looses.
JamesCalvin Champion Author Lancaster Posts:3,201 Points:522,480 Joined:Nov 2011	Message Posted: Sep 10, 2012 9:41:26 AM Ignore JamesCalvin Report Abuse Maybe!
OldMan322 Champion Author Illinois Posts:5,170 Points:1,597,665 Joined:Jul 2008	Message Posted: Sep 10, 2012 8:37:46 AM Ignore OldMan322 Report Abuse From the speculators news
DerHahn Champion Author Illinois Posts:13,732 Points:2,117,060 Joined:May 2004	Message Posted: Sep 10, 2012 8:37:05 AM Ignore DerHahn Report Abuse can't read the article
Nancy&Len Champion Author Cleveland Posts:2,068 Points:1,948,740 Joined:Sep 2004	Message Posted: Sep 10, 2012 8:13:41 AM Ignore Nancy&Len Report Abuse ok
Wally3023 Champion Author Pennsylvania Posts:2,046 Points:543,125 Joined:Sep 2011	Message Posted: Sep 10, 2012 8:09:10 AM Ignore Wally3023 Report Abuse Good for them
2khawk Champion Author Iowa Posts:5,276 Points:930,950 Joined:Oct 2010	Message Posted: Sep 10, 2012 8:06:27 AM Ignore 2khawk Report Abuse These mergers are what made big oil so big in the first place.
Buck_on_Bass Champion Author Tennessee Posts:7,585 Points:1,458,905 Joined:Jul 2007	Message Posted: Sep 10, 2012 8:04:13 AM Ignore Buck_on_Bass Report Abuse A subscriber only article.
TerrySawchuk All-Star Author British Columbia Posts:850 Points:305,395 Joined:Jun 2011	Message Posted: Sep 10, 2012 7:51:08 AM Ignore TerrySawchuk Report Abuse Ok.
csblesson Champion Author Texas Posts:1,821 Points:355,600 Joined:May 2012	Message Posted: Sep 10, 2012 7:44:10 AM Ignore csblesson Report Abuse Ok
Evilmaddog Champion Author British Columbia Posts:3,337 Points:960,475 Joined:Aug 2010	Message Posted: Sep 10, 2012 7:43:45 AM Ignore Evilmaddog Report Abuse speculators need to burn
58salty Champion Author Jacksonville Posts:6,662 Points:632,815 Joined:Aug 2011	Message Posted: Sep 10, 2012 7:34:29 AM Ignore 58salty Report Abuse yawn
MidNJ Champion Author New Jersey Posts:7,568 Points:1,174,430 Joined:Sep 2009	Message Posted: Sep 10, 2012 7:25:27 AM Ignore MidNJ Report Abuse Limited access article. Need subscription.
trashmandan33 Sophomore Author Huntsville Posts:213 Points:527,855 Joined:Jan 2010	Message Posted: Sep 10, 2012 7:24:50 AM Ignore trashmandan33 Report Abuse ok
pscamp Champion Author Ottawa Posts:3,299 Points:477,160 Joined:May 2011	Message Posted: Sep 10, 2012 7:18:59 AM Ignore pscamp Report Abuse Sigh...
Xavier80 Champion Author Victoria Posts:1,793 Points:381,365 Joined:Apr 2012	Message Posted: Sep 10, 2012 7:10:04 AM Ignore Xavier80 Report Abuse ok
gasmad666 Champion Author Illinois Posts:1,862 Points:394,570 Joined:Mar 2012	Message Posted: Sep 10, 2012 6:53:32 AM Ignore gasmad666 Report Abuse ok
DexLucas Champion Author South Carolina Posts:1,249 Points:345,005 Joined:Feb 2012	Message Posted: Sep 10, 2012 6:53:01 AM Ignore DexLucas Report Abuse ok
lbrinkmn Champion Author Minnesota Posts:2,749 Points:1,839,665 Joined:Oct 2005	Message Posted: Sep 10, 2012 6:50:14 AM Ignore lbrinkmn Report Abuse ok
fightbigoil71 Champion Author Milwaukee Posts:7,577 Points:1,547,830 Joined:Nov 2008	Message Posted: Sep 10, 2012 6:44:45 AM Ignore fightbigoil71 Report Abuse Not surprising
plbell627 Champion Author Dayton Posts:5,158 Points:1,205,205 Joined:Mar 2007	Message Posted: Sep 10, 2012 6:44:43 AM Ignore plbell627 Report Abuse The SPECULATORS ate also among them and we need controls put back on then NOW!!!
ec951 All-Star Author Riverside Posts:909 Points:381,615 Joined:Nov 2011	Message Posted: Sep 10, 2012 6:44:35 AM Ignore ec951 Report Abuse Ok.
NJColt Champion Author New Jersey Posts:12,655 Points:2,645,910 Joined:Aug 2005	Message Posted: Sep 10, 2012 6:43:49 AM Ignore NJColt Report Abuse Should put all of my money in oil.
Brunduski All-Star Author Missouri Posts:537 Points:190,860 Joined:Jun 2012	Message Posted: Sep 10, 2012 6:43:18 AM Ignore Brunduski Report Abuse Bankers love the oil and gas sector? Really? I'm stunned!
FocusST2 Champion Author North Carolina Posts:8,158 Points:1,381,850 Joined:Jul 2009	Message Posted: Sep 10, 2012 6:41:35 AM Ignore FocusST2 Report Abuse At least someones making money.
fillerupyeoww Champion Author Columbus Posts:5,895 Points:1,652,365 Joined:Mar 2008	Message Posted: Sep 10, 2012 6:41:34 AM Ignore fillerupyeoww Report Abuse Your 401k loves big oil.
KentsterPA Champion Author Pennsylvania Posts:1,717 Points:552,800 Joined:Aug 2011	Message Posted: Sep 10, 2012 6:39:17 AM Ignore KentsterPA Report Abuse ok
ReddevilNO Champion Author New Orleans Posts:3,386 Points:583,740 Joined:Aug 2011	Message Posted: Sep 10, 2012 6:37:50 AM Ignore ReddevilNO Report Abuse Yep!
335d1 Champion Author Virginia Posts:2,391 Points:760,995 Joined:Feb 2011	Message Posted: Sep 10, 2012 6:37:39 AM Ignore 335d1 Report Abuse OK
Joeski1 Champion Author New Jersey Posts:10,017 Points:1,744,760 Joined:Dec 2004	Message Posted: Sep 10, 2012 6:32:22 AM Ignore Joeski1 Report Abuse So our banks proudly support the fossil fooler agenda cause it makes them big money. And they don't actively subvert renewable energy to benefit themselves? [Edited by: Joeski1 at 9/10/2012 6:34:09 AM EST]
MImusicman Champion Author Michigan Posts:1,888 Points:410,600 Joined:Mar 2012	Message Posted: Sep 10, 2012 6:30:15 AM Ignore MImusicman Report Abuse It's helping my 401k
wrunner Champion Author Virginia Posts:4,460 Points:1,139,510 Joined:Dec 2009	Message Posted: Sep 10, 2012 6:26:47 AM Ignore wrunner Report Abuse Indeed!
yardslave Champion Author Oklahoma City Posts:2,570 Points:599,730 Joined:Dec 2005	Message Posted: Sep 10, 2012 6:25:56 AM Ignore yardslave Report Abuse No surprises here either...
el_fr Champion Author Massachusetts Posts:3,352 Points:747,625 Joined:Apr 2011	Message Posted: Sep 10, 2012 6:18:34 AM Ignore el_fr Report Abuse No surprise
dandvicb Champion Author Bridgeport Posts:1,243 Points:1,079,655 Joined:Jul 2004	Message Posted: Sep 10, 2012 6:18:13 AM Ignore dandvicb Report Abuse yeah, the bankers, the speculators & BIG OIL!!
skippypa Champion Author Hawaii Posts:8,491 Points:1,743,855 Joined:Jun 2008	Message Posted: Sep 10, 2012 6:15:15 AM Ignore skippypa Report Abuse Interesting
farmboyTN Champion Author Tennessee Posts:2,277 Points:451,485 Joined:Feb 2012	Message Posted: Sep 10, 2012 5:39:32 AM Ignore farmboyTN Report Abuse Really????
hybridaholic Champion Author Appleton Posts:8,380 Points:1,558,740 Joined:Dec 2008	Message Posted: Sep 10, 2012 2:31:08 AM Ignore hybridaholic Report Abuse Everything is roses for bankers.
kelly1016 Champion Author Victoria Posts:1,953 Points:352,940 Joined:Oct 2011	Message Posted: Sep 10, 2012 2:26:31 AM Ignore kelly1016 Report Abuse Now that is news
CheckitoutGuy Champion Author San Diego Posts:1,311 Points:769,590 Joined:Mar 2008	Message Posted: Sep 10, 2012 2:23:32 AM Ignore CheckitoutGuy Report Abuse OK
vulcan96 Champion Author Ohio Posts:26,940 Points:3,106,600 Joined:Aug 2004	Message Posted: Sep 10, 2012 2:22:13 AM Ignore vulcan96 Report Abuse too bad we can't read the article..........
mikerroy Champion Author Albuquerque Posts:2,581 Points:723,845 Joined:May 2005	Message Posted: Sep 10, 2012 2:21:08 AM Ignore mikerroy Report Abuse Ok
gasmack Champion Author Ventura Posts:1,720 Points:670,350 Joined:Feb 2011	Message Posted: Sep 10, 2012 2:20:55 AM Ignore gasmack Report Abuse Interesting.
whatif81 All-Star Author San Antonio Posts:675 Points:206,145 Joined:Jan 2012	Message Posted: Sep 10, 2012 2:06:22 AM Ignore whatif81 Report Abuse okay
RENEGADEGAS Champion Author Missouri Posts:14,929 Points:1,594,150 Joined:Jul 2008	Message Posted: Sep 10, 2012 1:59:53 AM Ignore RENEGADEGAS Report Abuse Make speculators take delivery of everything that they buy. That will curb the price swings, bring it back to supply and demand, and level the prices for Americans.
1WI All-Star Author Appleton Posts:818 Points:274,255 Joined:Jan 2012	Message Posted: Sep 10, 2012 1:56:48 AM Ignore 1WI Report Abuse hmm...
Bruno44 Champion Author Texas Posts:7,090 Points:1,771,120 Joined:Sep 2007	Message Posted: Sep 10, 2012 1:55:38 AM Ignore Bruno44 Report Abuse Hope it works out for US consumers.
gmcgas Champion Author Atlanta Posts:5,968 Points:1,716,345 Joined:Mar 2004	Message Posted: Sep 10, 2012 1:52:53 AM Ignore gmcgas Report Abuse hummmmmmmm