Insight
Corporate oil & gas: 5 things to look for in 2024
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The corporate oil and gas sector faces a year of big decisions in 2024. Consolidation will remain in the spotlight as companies position to build scale and strengthen sustainability through the energy transition. Growth will make a comeback. Most players will refocus on reloading their inventories, with upstream winning the battle for capital over low carbon (for now). But companies will not put their financial strength at risk in what threatens to be a turbulent year. We assess the outlook for the NOCs, Independents and Majors focusing on five themes.
Table of contents
- 1) NOCs step up across the board
- 2) Fewer, bigger Independents
- 3) Big Oil poised to close the sustainability gap
- 4) Crunch time for emissions reduction
- 5) Strategic playbooks adjust to build cash flow sustainability
Tables and charts
This report includes 3 images and tables including:
- 2024 versus 2023: y-o-y change in Wood Mackenzie’s upstream development spend by peer group
- Enterprise value vs. consensus 2024 EV/EBITDA for US companies
What's included
This report contains:
Other reports you may be interested in
Insight
2024 guidance: upstream companies' capital budgets and production targets
Rolling company guidance tracker with 2024 investment plans and volume targets
$1,350
Insight
Gold mining: 5 things to look for in 2017
Global gold mine costs at risk of a return to cost inflation after years of deflation.
$1,050
Insight
Australasia upstream: 5 things to look for in 2020
What will 2020 look like for the Australasian upstream sector? We assess the key plays and big moves that will impact the industry
$1,350
