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All about oil farming!

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Ah, it seems you’re interested in the more recent meaning of “Oil Farming” as a concept in digital finance!
This is a fascinating new area, and it’s understandable that you’d want to learn more. Here’s a breakdown of what “Oil Farming” refers to in this context:
Oil Farming: A New Frontier in Digital Finance
Essentially, “Oil Farming” is a term that has emerged to describe a platform-based approach to oil brokerage. It leverages the power of digital platforms to connect brokers with opportunities to facilitate deals, primarily in the oil commodity market.
Here’s how it generally works:

  • Digital Platform: Companies like Buildofarm are creating online platforms specifically designed for “Oil Farming.” These platforms provide the infrastructure and tools for brokers to operate efficiently.
  • Brokerage: Brokers use these platforms to connect with potential buyers and sellers in the oil market. They work to facilitate deals and earn commissions based on the successful transactions they help broker.
  • Accessibility: “Oil Farming” platforms often aim to make oil brokerage more accessible to a wider range of individuals, potentially lowering the barriers to entry that traditionally existed in this field.
  • Education and Training: Some platforms also provide educational resources and training to equip brokers with the knowledge and skills they need to succeed in “Oil Farming.”
    Why the term “Oil Farming”?
    The term “Oil Farming” seems to be used to evoke a sense of cultivation and growth. Just as farmers cultivate crops, “Oil Farmers” cultivate connections and deals within the oil market, aiming to generate income and build a successful brokerage business.
    Key Points to Consider:
  • Novelty: “Oil Farming” is a relatively new concept, and its long-term viability and impact on the oil brokerage industry are yet to be fully seen.
  • Due Diligence: As with any online income opportunity, it’s crucial to exercise caution and conduct thorough research before engaging with any “Oil Farming” platform.
  • Regulation: The regulatory landscape surrounding online commodity brokerage is complex and can vary depending on the jurisdiction. It’s important to be aware of and comply with all applicable regulations.
    Where to Learn More:
    If you’re interested in exploring “Oil Farming” further, you might want to:
  • Visit Buildofarm’s website: They appear to be one of the pioneers in this area.
  • Search for articles and news releases: Look for information about “Oil Farming” on financial news websites and industry publications.
  • Connect with experts: Reach out to professionals in the oil and gas industry or the digital finance sector to gain insights into this emerging trend.
    I hope this provides a helpful overview of “Oil Farming” in the context of digital finance. It’s an exciting area to watch as it continues to develop!

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U.S. Shale Swings From Losses To Record Cash Flows | OilPrice.com

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After years of plowing money into boosting production and thus depressing oil prices, the U.S. shale patch emerged from the pandemic-inflicted slump with unwavering capital discipline which, combined with $100+ oil, is paying off with record cash flows for American oil producers. The largest shale producers have left years of bleeding cash behind, focusing on returning capital to shareholders from the record cash flows they have been generating for several months now. As they report first-quarter figures these days, public companies vow continued disciplined spending and only modest production growth as “drill, baby, drill” is no longer shale’s primary goal. 

Investors, in turn, are rewarding the discipline—most of the 20 top-returning firms in the S&P 500 year to date are oil companies, including Occidental, Coterra Energy, Valero, Marathon Oil, APA, Halliburton, Devon Energy, Hess Corporation, Marathon Petroleum, ExxonMobil, ConocoPhillips, Chevron, Schlumberger, EOG Resources, and Pioneer Natural Resources. 

As a result of the highest oil prices since 2014 and capex discipline, the shale patch is on track for massive free cash flows of a combined $172 billion in 2022 alone, per Deloitte estimates cited by Bloomberg. By 2020, the shale industry had booked $300 billion in net negative cash flow in the 15 years since the first shale boom, Deloitte estimated back then.

Unlike in the previous upcycles, U.S. producers are now directing a large part of the record cash flows to boost shareholder returns with higher dividends, special dividends, and share buybacks. 

U.S. producers do not plan to abandon the newly-found capital discipline and will grow production only modestly, the top executives at most public shale producers said during the Q1 earnings calls this week. Many firms acknowledged the supply chain, inflationary, and labor constraints that could result in slower American oil production growth than the increase the EIA and analysts expect. Producers are also wary of the Biden Administration’s calls for only a short-term ramp-up in production amid otherwise negative comments on the oil industry, which undermines the firms’ visibility and willingness to plan higher investments in the medium term.  

“To say bluntly, the administration’s comments are certainly causing a lot of uncertainty in the market, both in the terms of regulatory taxation, legislation, and negative rhetoric toward our industry. And that creates uncertainty in our owners’, our shareholders’ minds about what the future of this industry really is,” Diamondback Energy’s CEO Travis Stice said on the earnings call this week. 

Diamondback Energy will keep its current oil production levels of 220,000 net barrels of oil per day, Stice said.

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“While we believe that efficiently growing our production base is achievable over the long term, we do not feel that today

To finish reading this article click on the link to the original post.

https://oilprice.com/Energy/Energy-General/US-Shale-Swings-From-Losses-To-Record-Cash-Flows.html

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US quietly backtracks on Russian oil ban

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© Getty Images/Stephen SwintekRussian oil tanker The US has been vocal about restricting Russian oil imports, but sources say an actual ban is unlikely as it would further propel gasoline prices, which are already record high. On March 8, President Joe Biden announced his administration was banning Russian oil, natural […] The post US quietly…

US quietly backtracks on Russian oil ban