Markets & Finance

Financial Review: First-quarter 2017

Release date: June 16, 2017
Next release date: September 2017

Key findings

  • Brent crude oil prices remained lower than in the 2012–14 period but significantly higher than in first-quarter 2016, which increased operating cash flow for most producers
  • Liquids production increased in first-quarter 2017after three consecutive quarters of declines
  • Energy companies' long-term debt levels were $79 billion lower than in first-quarter 2016
  • Capital expenditure continued to decline despite higher oil and natural gas prices, totaling $67 billion in the first quarter of 2017

Geographic distribution of global oil and natural gas companies, first-quarter 2017

See entire first-quarter review