Is the upstream oil and gas industry on-track to generate free cash flow?

This report is currently unavailable

This report is currently unavailable

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

Report summary

The Brent price required for cash-flow neutrality continues to fall. The weighted average was US$93/bbl heading into 2015, US$75/bbl by the end of the year and US$65/bbl entering 2016. Action taken since has reduced our current estimate to just US$53/bbl; an impressive 40% lower than 18 months ago. But can companies generate free cash flow? We review the current corporate positioning, and the strategic actions taken.

What's included

This report contains

  • Document

    Is the Upstream oil and gas industry on-track to generate free cash flow April 2016.pdf

    PDF 1.05 MB

Table of contents

  • Key Messages
  • Surviving the cycle
  • Capital budgets remain the key strategic lever
  • Peer-group positioning
    • Continued push for cash flow neutrality
    • Balance sheets at both ends of the spectrum will evolve

Tables and charts

No table or charts specified

Questions about this report?

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