Energy Corps’ Return on Equity Topped in Q2 2017: EIA

U.S. Energy Information Administration issued Financial Review of the Global Oil and Natural Gas Industry: Second-quarter 2017 on September 26.

Key findings in the report include:

Brent crude oil prices remained lower than in the 2012–2014 period but were 6% higher than in second-quarter 2016, increasing operating cash flow for most producers;

Liquids production increased 4% in second-quarter 2017, the highest rate since third-quarter 2015;

Energy companies’ return on equity was the largest since first-quarter 2015;

Capital expenditure increased year over year for the first quarter since second-quarter 2014.

The return on equity for energy companies was positive for the second consecutive quarter but remain lower than U.S. manufacturing company returns.

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