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Can balance sheets support growth?


Can balance sheets support growth?

Report summary

Net debt has shot up by 22% or US$142 billion since 2014 for the companies in our Corporate Service coverage. Average gearing is now 36%, with the Focused US Independents the most leveraged at 60%. But oil prices above US$54/bbl are required for a return to free cash flow generation over the next three years. Organic deleveraging will be slow and unevenly distributed even if oil prices recover to above US$60/bbl. Can the sector’s balance sheet support new growth strategies?

What's included?

This report includes 2 file(s)

  • Can Balance Sheets Support Growth.pdf PDF - 893.35 KB
  • Can Balance sheets Support Growth.xls XLS - 190.00 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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  • Can balance sheets support growth?
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