KeyBanc's Deckelbaum: Growth trumps cash flow in equity wars

摘要

Channeling former "Saturday Night Live" comedian Billy Crystal, KeyBanc Capital Markets senior E&P research analyst David Deckelbaum advises public E&Ps that, when it comes to growing share price, "it's better to look good than to feel good."In the current commodity-bifurcated marketplace, public investors clearly are choosing companies exhibiting growth over returns, Deckelbaum told an audience at Winter NAPE in Houston.