Get Ready For Big Oil’s Most Important Earnings Season Ever

Earnings season in oil and gas has begun, and expectations are much different from what they were just three months ago. Oil prices are stronger, and the outlook for demand is more positive even though uncertainty remains. No wonder, then, that expectations about financial reports are brighter. However, challenges remain. Strong cash flows Oil producers should report a substantial increase in free cash flow both on a quarterly basis and on an annual basis, according to Troy Vincent, a market analyst at DTN. Vincent also told Oilprice that companies…