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According to a 2023 survey of oil and gas executives, capital spending by oil and gas companies is expected to increase in 2024. 35 percent of respondents from large exploration and production companies said their firm would increase it's capital investment volume. This compared with 47 percent of small exploration and production companies, who looked to raise their spending.
What are your expectations for your firm's capital spending in 2024 versus 2023?
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Dallas Fed. (December 20, 2023). What are your expectations for your firm's capital spending in 2024 versus 2023? [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/972756/us-oil-and-gas-companies-capital-spending-expectation/
Dallas Fed. "What are your expectations for your firm's capital spending in 2024 versus 2023?." Chart. December 20, 2023. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/972756/us-oil-and-gas-companies-capital-spending-expectation/
Dallas Fed. (2023). What are your expectations for your firm's capital spending in 2024 versus 2023?. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/972756/us-oil-and-gas-companies-capital-spending-expectation/
Dallas Fed. "What Are Your Expectations for Your Firm's Capital Spending in 2024 versus 2023?." Statista, Statista Inc., 20 Dec 2023, https://www.statista.com/statistics/972756/us-oil-and-gas-companies-capital-spending-expectation/
Dallas Fed, What are your expectations for your firm's capital spending in 2024 versus 2023? Statista, https://www.statista.com/statistics/972756/us-oil-and-gas-companies-capital-spending-expectation/ (last visited May 13, 2024)
What are your expectations for your firm's capital spending in 2024 versus 2023? [Graph], Dallas Fed, December 20, 2023. [Online]. Available: https://www.statista.com/statistics/972756/us-oil-and-gas-companies-capital-spending-expectation/