RE: Do or die i am afraid..31 May 2024 08:14
I think if you want a linear business, oil and gas is not for you. Maybe try some software business with ARR. That might suit you better.
We know these fields can have declining production. That is nothing new. We also know, that oil prices were boosted artifically due to the Russia - Ukraine war. So comparisons to our best year with artifical pricing is not really fair. If you take that view, we did improve on Q4 2023 and that can only be good.