The global oil & gas industry experienced a 15% drop in company filings sentiment in Q1 2024 compared with the previous quarter, according to GlobalData’s analysis of over 1,009 oil & gas company filings. GlobalData’s Oil & Gas: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, in Q1 2024 the average sentiment dropped from 0.66 to 0.56, indicating a more negative outlook for the industry. This followed flat quarter-on-quarter growth in Q4 2023.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative or neutral. Starting at 100 in 2020, an index over 100 is more positive.
Top companies by company filings sentiment in the global oil & gas industry, Q1 2024 (Sentiment score)
For further understanding of GlobalData's Oil & Gas: Filings Trends & Signals Q1 2024, buy the report here.
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