JPM | US Energy: Natural Resources Conference Today, PRIM -36% on Guide Cut, COO Departure, MUR Discovery, FLOC 2Q26 Outlook Trimmed, HP Dinner Takeaways, OFS Themes, CVX/MSFT Thoughts, BTM & Overcapacity, JPM Commodities on Ras Laffan Explosion

研报英文原文证据摘录

JPM | US Energy: Natural Resources Conference Today, PRIM -36% on Guide Cut, COO Departure, MUR Discovery, FLOC 2Q26 Outlook Trimmed, HP Dinner Takeaways, OFS Themes, CVX/MSFT Thoughts, BTM & Overcapacity, JPM Commodities on Ras Laffan Explosion

Brendan Henrici - Specialist Sales - US Energy AC North America Specialist Sales J P M O R G A Nbrendan.henrici@jpmorgan.com

J.P. Morgan Securities LLC 23 June 2026

JPM | US Energy: Natural Resources Conference Today, PRIM -36% on

Guide Cut, COO Departure, MUR Discovery, FLOC 2Q26 Outlook

Trimmed, HP Dinner Takeaways, OFS Themes, CVX/MSFT Thoughts,

BTM & Overcapacity, JPM Commodities on Ras Laffan Explosion

Brendan Henrici

+1 212 622 2729

brendan.henrici@jpmorgan.com

Key Highlights Today

• JPM 11th Annual Energy Conference Today

• PRIM -36% on Guidance Cut, COO Departure

• MUR Cote D’Ivoire Discovery

• FLOC Cuts 2Q26 Outlook

• H&P Dinner Takeaways

• OFS Themes Ahead of Our Conference

• Thoughts on CVX/MSFT Ahead of Presentation

• CAT & BTM Thoughts

• Commodities on Ras Laffan Explosion

Access, Calls & Surveys:

• SAVE THE DATE: J.P. Morgan 2026 Natural Resources Conference: An Energy, Power, Renewables & Mining Event on

June 23-24, 2026 at the Intercontinental New York Barclay. Register here

• SAVE THE DATE: J.P. Morgan Global Energy Conference, Nov 30th-Dec 1st, in-person, London. The event will consist

of a two-day panel agenda addressing key macro, corporate and thematic topics across the energy value chain and a

comprehensive program of one-on-one/small group meetings with global C-suite executives representing leading Oil & Gas,

OFS, E&P, Utility, Renewable and Mining companies. Full details will follow. In the meantime, please save the date in your

calendar for this event

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