Oil and gas capital confidence barometer

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Leading oil and gas companies see little immediate prospect of a recovery for the global economy, according to our seventh Global Capital Confidence Barometer.

While sentiment among oil and gas companies has also declined, they are less gloomy in their outlook than the broader population surveyed. The situation has stabilized in some markets, but most executives expect this downturn to endure for at least a year, while many economists think it could persist for three years or more.

Only 28% are expecting to pursue acquisitions over the next 12 months.

Take a closer look at our findings:

Key findings for oil and gas

  • Only 27% feel that the global economy is strongly or modestly improving, down sharply from 55% just six months ago
  • M&A appetite is down 10%, compared to six months ago
  • Intention to sell assets is down by almost 70%
Andy Brogan

Andy Brogan
Global Oil & Gas
Transaction Advisory Leader

Pip McCrosite

Pip McCrosite
Global Vice Chair
Transaction Advisory Services


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