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Markets & Finance

Financial Review: Third-quarter 2017

Release date: December 19, 2017
Next release date: April 2018

Key findings

  • Brent crude oil prices were 9% higher than third-quarter 2016 prices and have averaged more than $50 per barrel for four consecutive quarters, contributing to higher cash flow for companies producing oil and natural gas
  • Liquids production increased 5% in third-quarter 2017 over third-quarter 2016, the highest year-over-year rate since third-quarter 2015
  • Energy companies' return on equity was the largest since first-quarter 2015
  • Capital expenditure increased 20% year-over-year, the largest growth rate during 2012–17

Operating cash flow in third-quarter 2017 was $98 billion, a 10%
increase from third-quarter 2016

See entire third-quarter review