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The Majors: Q4 2014 results and responding to low oil prices


The Majors: Q4 2014 results and responding to low oil prices

Report summary

A tough quarter for the Majors as low oil prices began to bite, with all eyes on their response. Considerable progress was made in driving down cash flow breakevens, but the peer group still needs an oil price of US$77/bbl to achieve cash flow neutrality in 2015. Strategies are already becoming polarised, and will continue to evolve during the year as the Majors fully digest the impact of a low oil price environment.

What's included?

This report includes 1 file(s)

  • The Majors Responding to low oil prices February 2015.pdf PDF - 1000.27 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.

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