Markets & Finance

Financial Review: Third-quarter 2015

Release date: December 18, 2015
Next release date: May 2016

Key findings

  • Crude oil prices decreased 19% from the second quarter, 51% lower than third-quarter 2014.
  • Impairment charges increased, contributing to continued declines in profits.
  • Capital expenditure per barrel produced was the lowest for this set of companies since at least 2010.
  • Fourth-quarter crude oil prices remain low compared to year-ago levels, which could continue to pressure profits, cash flow, and investment.

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

See entire Q3 Review