Underinvestment, Supply Issues, "14 Trillion dollars"

One last report on the energy trade. (Still long)

Over the past seven years, the oil industry has faced a critical challenge stemming from substantial underinvestment in energy resources since 2014. This prolonged period of insufficient investment has led to the depletion of over half of the industry's available reserves, exerting considerable pressure on the sector and necessitating strategic measures to address the resource shortage.

Oil & Gas Exploration & Production-Valuation measures continue to show positive results compared to historical data and the overall market. Furthermore, there is potential for further increases compared to the projected cash flow estimates for the second half of 2023 and 2024. Additionally, shareholder returns are expected to regain momentum following a temporary slowdown in the first half of 2023. These combined factors are anticipated to contribute to the continuation of the recent trend of outperformance.