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Link to original content: https://www.statista.com/statistics/972756/us-oil-and-gas-companies-capital-spending-expectation/
U.S. oil companies' capital spending expectation 2024 | Statista

U.S. oil and gas firms' expectations on capital spending 2024, by sector

Published by Statista Research Department, Mar 18, 2024
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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Release date

December 2023

Region

United States

Survey time period

December 6 to 14, 2023

Number of respondents

141 respondents

Special properties

Executives in oil and gas firms

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