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The Majors: stress-testing upstream operating cashflow

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Different Big Oil and Big Energy business models are having a major impact on the upstream cash engine. The shape of upstream operating cashflow profile over the next decade across the Majors varies dramatically. Oil prices are a crucial variable. We benchmark the seven Major oil and gas companies on operating cashflow metrics to analyse the performance of the upstream cash engine under US$85/bbl and US$35/bbl price scenarios.

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    The Majors: stress-testing upstream operating cashflow.pdf

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