Heat of the Moment — Oil and Gas Prices Supercharge Q1 2026 E&P Results

Heat of the Moment — Oil and Gas Prices Supercharge Q1 2026 E&P Results

May 22, 2026 · 16 min

About this episode

The episode discusses the significant increase in oil and gas prices during Q1 2026 and its impact on the profitability of E&P companies.

Just as upstream producers settled into a lower-growth, shareholder-return-focused era, commodity prices moved sharply higher during Q1 2026. Today, we chronicle a massive rebound in profitability and cash flow from a dismal Q4 2025 for the 38 E&P companies we cover.

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