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Managing for margin: how portfolio management can boost cash generation

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Cash margins leapt in 2017, underlining the progress companies have made to adapt portfolios to lower prices. But companies are still planning for the worst and margins at US$50/bbl will remain well below peak levels. We look at what's driving upstream margins, what regions and assets might be rationalisation targets and how companies benchmark in a US$50/bbl world.

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  • Managing for margin: how portfolio management can boost cash generation

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