Annual Oil and Gas Upstream Benchmarking of Supermajors by Region and Resource Type, 2023

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Annual Oil and Gas Upstream Supermajors Benchmarking Report Overview

Among the supermajors or Big Oil considered, Exxon Mobil has the highest remaining reserves followed by Chevron. TotalEnergies SE has the highest remaining reserves in the upcoming projects (announced and planned), followed by Shell. ExxonMobil leads among supermajors in terms of oil and gas production entitlement in 2023 from planned, announced, and producing projects.

The Annual Oil and Gas Upstream Benchmarking of Supermajors report will help to develop business strategies with the help of specific insights on supermajors’ production and reserves data. The report offers insights into the basic corporate metrics of the supermajors.

Key Regions ·        Africa

·        Asia

·        Caribbean

·        Europe

·        The FSU

·        Middle East

·        North America

·        Oceania

·        South America.

Supermajors ·        ExxonMobil

·        Chevron

·        Shell

·        TotalEnergies SE

·        BP Plc

·        Eni

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Annual Oil and Gas Upstream of Supermajors - Key Industry Metrics Benchmarking

The key industry metrics of supermajors in the annual oil and gas upstream include assessing the remaining reserves of producing projects by region, remaining reserves of planned and announced projects by region,remaining reserves by resource type, and total production forecast. The supermajors discussed are ExxonMobil, Chevron, Shell, TotalEnergies SE, BP Plc, and Eni. The regions for which supermajors are analyzed are Africa, Asia, the Caribbean, Europe, the FSU, the Middle East, North America, Oceania, and South America.

Among these supermajors, Exxon Mobil has the highest remaining reserves at the global level in 2023. It also has the highest reserves in North America and the lowest in Asia.

Remaining Reserves of Producing Projects of Supermajors by Region, 2023 (%)

Remaining Reserves of Producing Projects of Supermajors by Region, 2023 (%)

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Annual Oil and Gas Upstream of Supermajors - Basic Corporate Metrics Benchmarking

The key corporate metrics of supermajors in the annual oil and gas upstream include total revenues, operating income, net debt to equity, quick ratio, and net profit margin among others. Among supermajors, ExxonMobil reported the highest annual total revenue in 2022. The total revenue of ExxonMobil increased significantly when compared with 2021.

Corporate Metrics Benchmarking of Super Majors – Total Revenues

Corporate Metrics Benchmarking of Super Majors - Total Revenues

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Annual Oil and Gas Upstream of Supermajors - M&A and Capital Raising Activity

Chevron had notable mergers and acquisitions activity among supermajors from Q3 2022 to Q3 2023. However, in Q3 2023, ExxonMobil leads among all the supermajors in terms of deal value.

Eni SpA had the highest capital-raising activity during the period Q4 2022 to Q3 2023. The company’s biggest capital raising transaction was completing raising more than $1 billion in the private placement of sustainability-linked Bonds, due 2033.

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Scope

  • Global oil and gas production outlook of supermajors for 2023 and 2025.
  • Remaining crude oil and natural gas reserves of supermajors for planned, announced, and producing projects.
  • Basic corporate metrics of the supermajors.
  • Mergers and Acquisitions and capital raising activity of supermajors for Q4 2022 to Q3 2023.

Reasons to Buy

  • Facilitate decision-making on the basis of key data about supermajors.
  • Develop business strategies with the help of specific insights on supermajors’ production and reserves data.
  • Gain insights into basic corporate metrics of the supermajors.
  • Analyze M&A and capital raising activity of supermajors.

Table of Contents

  • 1. Key Industry Metrics Benchmarking

    • 1.1. Remaining Reserves of Producing Projects by Region
    • 1.2. Remaining Reserves of Planned and Announced Projects by Region
    • 1.3. Remaining Reserves by Resource Type
    • 1.4. Total Production Forecast

  • 2. Basic Corporate Metrics Benchmarking

    • 2.1. Total Revenues
    • 2.2. Operating Income
    • 2.3. Net Debt to Equity
    • 2.4. Quick Ratio
    • 2.5. Net Profit Margin

  • 3. M&A and Capital Raising Activity

    • 3.1. M&A Activity
    • 3.2. Capital Raising Activity

  • 4. Appendix

    • 4.1. Abbreviations
    • 4.2. Methodology

      • 4.2.1. Coverage
      • 4.2.2. Secondary Research

  • 5. About GlobalData
  • 6. Contact Us

Table

Table 1: Remaining reserves for producing projects of supermajors by region (mmboe)* 4

Table 2: Remaining reserves for planned and announced projects of supermajors by region (mmboe)* 5

Table 3: Remaining reserves of supermajors by resource type* 6

Table 4: Total production forecast of supermajors (mmboe) 7

Table 5: Total revenues of supermajors, 2018–2022 ($B) 8

Table 6: Operating income of supermajors, 2018–2022 ($B) 9

Table 7: Net debt to equity of supermajors, 2018–2022 (%) 10

Table 8: Quick ratios of supermajors, 2018–2022 (%) 11

Table 9: Net profit margins of supermajors, 2018–2022 (%) 12

Table 10: M&A deal value and number of deals of supermajors, Q4 2022–Q3 2023 ($M)* 13

Table 11: Capital raising deal value and number of deals of supermajors, Q4 2022–Q3 2023 ($M)* 14

Figures

Figure 1: Remaining reserves for producing projects of supermajors by region (mmboe)* 4

Figure 2: Remaining reserves for planned and announced projects of supermajors by region (mmboe)* 5

Figure 3: Remaining reserves of supermajors by resource type* 6

Figure 4: Total production forecast of supermajors (mmboe) 7

Figure 5: Total revenues of supermajors, 2018–2022 ($B) 8

Figure 6: Operating income of supermajors, 2018–2022 ($B) 9

Figure 7: Net debt to equity of supermajors, 2018–2022 (%) 10

Figure 8: Quick ratios of supermajors, 2018–2022 (%) 11

Figure 9: Net profit margins of supermajors, 2018–2022 (%) 12

Figure 10: M&A deal value and number of deals of supermajors, Q4 2022–Q3 2023 ($M)* 13

Figure 11: Capital raising deal value and number of deals of supermajors, Q4 2022–Q3 2023 ($M)* 14

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