Markets & Finance

Financial Review: Second-quarter 2015

Release date: September 24, 2015
Next release date: November 2015

Key findings

  • 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.

Geographic distribution of global oil and natural gas companies, second-quarter 2015

See entire Q2 Review