Insight

Corporate themes from the Q3 2015 results

This report is currently unavailable

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

Report summary

Financial performance in Q3 was hit by a 50% slump in oil prices year-on-year. A further US$60 billion in impairments contributed to weak earnings and rising gearing, underlining the severe pressure that the oil and gas sector is under at US$50/bbl. But it was a strong quarter for production growth, with 16 players delivering double digit increases despite 2015 spend being down an average of 31% year-on-year. Oil and gas companies are also making real progress in reshaping their investment strategies for a sustained period of low prices; the Supermajors are on track to fund dividends organically in a US$60/bbl world, while the Independents continue to use all levers available to balance the books. Corporate M&A is back on the agenda and we also expect opportunities to emerge to reload conventional exploration portfolios.

What's included

This report contains

  • Document

    Corporate Themes from Q3 2015 results November 2015.pdf

    PDF 908.21 KB

Table of contents

  • Corporate themes from the Q3 2015 results

Tables and charts

No table or charts specified

You may be interested in

    
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
    

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898