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Industry Insights

Energising the Narrative: Share Price Growth & M&A Illustrate Strength of Energy, Oil & Gas

26 June 2023 by Max Forsyth


Resilient Market Performers

Over the past two years, the energy, oil, and gas sectors have emerged as the most influential performers on global stock markets, dispelling lingering misconceptions about their viability in a world increasingly focused on sustainability. Despite the pervasive dialogue about Net Zero and climate change, these sectors have demonstrated their economic robustness and enduring societal value.

Fossil Fuels Still Fuel the World

At the heart of this substantial market performance is the inescapable reality that fossil fuels still provide approximately 80% of the world's energy. The London Stock Exchange (LSE) and US exchanges have reflected this resilience and economic clout. For instance, the Energy Select Sector SPDR Fund (XLE), which tracks an index of energy stocks in the S&P 500, has seen an impressive uptick of 45% over the past 18 months.

M&A Activity Reflects Sector Health

In addition to solid stock performance, these sectors have witnessed significant merger and acquisition (M&A) activity. The merger of Chrysaor Holdings and Premier Oil to create Harbour Energy and the multi-billion-dollar merger between EQT Corporation and Alta Resources further exemplifies the healthy state of the sector.

Bridging the Perception Gap

These market trends and M&A activities underscore the economic potency of the energy, oil and gas sectors. Yet, a significant gap still needs to be established between the public perception of these industries and their tangible contributions to society and the economy. Bridging this gap demands an effective communication strategy, a need that specialist recruitment agencies like Comms Search & Selection can fulfil.

The Power of Communication

Engaging communication professionals via Comms Search & Selection can enable companies within these sectors to articulate their critical role in society and their ongoing commitment to sustainability. With the right communication talent, companies can clarify their dedication to cleaner and more efficient processes, investment in renewable energy, and contribution to the global sustainability agenda.

Engaging Stakeholders through Compelling Narratives

Communication professionals can also help these sectors to illuminate their economic contributions. They can engage diverse stakeholders through compelling narratives, including investors, policymakers, businesses, the media, and the public, highlighting positive financial performance and strategic M&A activities.

A Call to Action

The energy, oil, and gas sectors are vital to our society and economy. Their strong market performance and strategic M&A activities testify to their critical role. However, these sectors must strive to communicate their contributions effectively. By investing in top-tier communication talent, these sectors can reshape their narrative, highlighting their positive impacts and fostering understanding and support for their green transition.

​Comms Search & Selection specialises in executive search and recruitment for the in-house communications industry, serving clients in the UK and the USA. We expertly fill roles from Manager to C-Suite in corporate communications, public relations, internal communications, digital transformation, investor relations, and content strategy. Catering to diverse sectors, including Fortune 500 and FTSE 250 companies and financial and professional services firms, we're the go-to search and recruitment agency for seeking top communications talent. Contact us to secure the industry's best.