Following the coronavirus (Covid-19) pandemic, U.S. oil and gas companies have cut back their spending due to uncertainty. Companies like Parsley, Goodrich Petroleum, and Continental have reduced capital expenditures in 2020 by over 50 percent in comparison to 2019.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
Reduced capital spending in select independent oil and gas companies due to coronavirus (Covid-19) in the United States between 2019 and 2020
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Axios. (March 23, 2020). Reduced capital spending in select independent oil and gas companies due to coronavirus (Covid-19) in the United States between 2019 and 2020 [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/1109411/covid-19-us-oil-gas-company-spending/
Axios. "Reduced capital spending in select independent oil and gas companies due to coronavirus (Covid-19) in the United States between 2019 and 2020." Chart. March 23, 2020. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/1109411/covid-19-us-oil-gas-company-spending/
Axios. (2020). Reduced capital spending in select independent oil and gas companies due to coronavirus (Covid-19) in the United States between 2019 and 2020. Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/1109411/covid-19-us-oil-gas-company-spending/
Axios. "Reduced Capital Spending in Select Independent Oil and Gas Companies Due to Coronavirus (Covid-19) in The United States between 2019 and 2020." Statista, Statista Inc., 23 Mar 2020, https://www.statista.com/statistics/1109411/covid-19-us-oil-gas-company-spending/
Axios, Reduced capital spending in select independent oil and gas companies due to coronavirus (Covid-19) in the United States between 2019 and 2020 Statista, https://www.statista.com/statistics/1109411/covid-19-us-oil-gas-company-spending/ (last visited November 14, 2024)
Reduced capital spending in select independent oil and gas companies due to coronavirus (Covid-19) in the United States between 2019 and 2020 [Graph], Axios, March 23, 2020. [Online]. Available: https://www.statista.com/statistics/1109411/covid-19-us-oil-gas-company-spending/
