Oil and Gas Business Confidence Report Q1 2014

Date: 2015-08
Pages:67
Price:

“Why was the report written?
This report is the result of an extensive survey drawn from Kable’s exclusive panel of leading global oil and gas industry executives. The report analyzes current economic conditions prevailing across the globe and their impact on the oil and gas industry, and forecasts company and industry growth prospects over the next six months. Furthermore, it provides information about the impact of customer confidence, supplier prices, staff headcount, and procurement budget and expenditure likely to affect the investment decisions of the industry over the next six months. Additionally, this report tracks the change in executives’ perceptions during the last three months, by providing a comparative analysis of survey results with the previous quarter.

What is the current market landscape and what is changing?
Overall, 69% and 65% of global oil and gas industry executives are optimistic about the future growth prospects of both their company and the industry, respectively, over the next six months. Optimism towards both company and industry growth prospects has reduced in Q1 2014, compared to Q4 2013 results.

What are the key drivers behind recent market changes?
Optimism towards industry and company growth has reduced due to factors such as continuation of the Euro-zone crisis, rising exploration costs, new competition, and lack of political stability or social unrest in areas of operation.

What makes this report unique and essential to read?
“Oil and gas Business Confidence Report Q1 2014” is a new report by Kable that analyzes the industries sentiments globally on the latest economic and customer issues, and their impact upon investment decisions and growth prospects within the oil and gas industry. This report also examines the executive opinion about the current and future state of the economy and its retrospective effect on the industry. Furthermore, it analyzes the likely effect of supplier price changes, sales performance, procurement expenditure outlook, and staff headcount within the industry over the next six months. In addition, it provides an overview of the key priorities, threats, and opportunities for the global oil and gas industry over the next six months. Furthermore, it also tracks the change in industry executives’ thought process, by providing a comparative analysis of survey results with Q4 2013, wherever applicable.”

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