2Q 2015: WORLD KEY FINANCIAL POINTS

Key findings for second-quarter 2015 

• Although crude oil prices increased in the second quarter over the first quarter, they remained well below the same period of last year.
• Although companies reduced investment spending, declines in operating cash flow were greater, contributing to a decline in cash balances.
• Many companies raised funds from debt or equity markets, although less than in the first quarter.
• The global oil and natural gas companies were less profitable than the U.S. manufacturing sector, which also showed declining profitability.
• Third-quarter 2015 results could show continued declines in profits, cash flow, and capital expenditure if crude oil prices continue to decline.

eia.gov

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U.S. CHALLENGING TIMES 

DISINVESTMENT $250 BLN 

PRODUCERS NEED $ 500,000,000,000 

TOP 10 OIL COMPANIES 

1Q2015 WORLD OIL & GAS KEY POINTS