U.S. oil and gas companies generated profits worth $73.7 billion last year on the back of improving prices, with capital expenditure reaching $144.1 billion. This is one of the outtakes from a new report from EY titled “U.S. oil and gas reserves, production and ESG benchmarking study.” The study detailed the latest production trends and how the 50 largest public exploration and production companies can improve their ESG standing, but it also reported on things like profits, revenues, and cash returned to shareholders.
This was also…U.S. Oil And Gas Firms Made $74 Billion In Profits Last Year
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