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Low oil and gas prices continued beating down the revenues of Canadian oil and gas producers in 2016, with this year’s top 100 companies reporting a combined revenue decline of $6.4 billion, or 10 per cent, from 2015. Cash flows declined by $7.9 billion, or 23 per cent.

Yet, despite the declines, the top 100 managed to cut their losses substantially compared to 2015. The combined group reported losses of $31.8 billion in 2015. In 2016, that came in at only $3.7 billion.

Download Oilweek/CanOil’s Top 100 financial tables for the complete data review.


About Oilweek

Oilweek has been delivering news and features on the latest trends, issues, and technologies impacting the Canadian oilpatch for over 65 years. Providing high-level analysis and insight on upstream oil and gas development, readers trust Oilweek to deliver the information they need on the issues most important to their business.

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About CanOils

CanOils provides every vital piece of information on Canadian oil & gas companies including; financial and operating data, M&A deals, financings, oil sands projects and broker forecasts. Imagine being able to synthesise this wealth of data into solution-rich reports and download into Excel with one click.

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