Free cash flow of public exploration and production companies is expected to reach a record 834 billion real U.S. dollars in 2022. As oil prices are surging due to tighter supplies, companies within the upstream industry are expected to have significantly greater liquidity. The Brent oil price is already on track to exceed the 2014 annual average of 98.97 U.S. dollars.
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Rystad Energy. (May 3, 2022). Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/1106756/global-upstream-industry-free-cash-flow/
Rystad Energy. "Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars)." Chart. May 3, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/1106756/global-upstream-industry-free-cash-flow/
Rystad Energy. (2022). Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/1106756/global-upstream-industry-free-cash-flow/
Rystad Energy. "Free Cash Flow of Public Oil and Gas Exploration and Production Companies Worldwide from 1980 to 2022 (in Billion Real U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 3 May 2022, /statistics/1106756/global-upstream-industry-free-cash-flow/
Rystad Energy, Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1106756/global-upstream-industry-free-cash-flow/ (last visited July 27, 2026)
Free cash flow of public oil and gas exploration and production companies worldwide from 1980 to 2022 (in billion real U.S. dollars) [Graph], Rystad Energy, May 3, 2022. [Online]. Available: /statistics/1106756/global-upstream-industry-free-cash-flow/
