Free cash flow of public exploration and production companies is expected to reach a record 834 billion real U.S. dollars in 2022. As oil prices are surging due to tighter supplies, companies within the upstream industry are expected to have significantly greater liquidity. The Brent oil price is already on track to exceed the 2014 annual average of 98.97 U.S. dollars.
Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022
(in billion real U.S. dollars)
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Rystad Energy. (May 3, 2022). Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1106756/global-upstream-industry-free-cash-flow/
Rystad Energy. "Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars)." Chart. May 3, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1106756/global-upstream-industry-free-cash-flow/
Rystad Energy. (2022). Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1106756/global-upstream-industry-free-cash-flow/
Rystad Energy. "Free Cash Flow of Public Oil and Gas Exploration and Production Companies Worldwide from 1980 to 2022 (in Billion Real U.S. Dollars)." Statista, Statista Inc., 3 May 2022, https://www.statista.com/statistics/1106756/global-upstream-industry-free-cash-flow/
Rystad Energy, Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars) Statista, https://www.statista.com/statistics/1106756/global-upstream-industry-free-cash-flow/ (last visited December 21, 2024)
Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars) [Graph], Rystad Energy, May 3, 2022. [Online]. Available: https://www.statista.com/statistics/1106756/global-upstream-industry-free-cash-flow/