As cash flow increases, U.S. oil companies continue trends of debt reduction and hedging (7/25/2018)

First-quarter 2018 financial results for the 46 U.S. oil exploration and production companies EIA regularly tracks reveals that they used increased cash from operations to fund capital expenditures and reduce debt. Most of these companies have announced planned increases in capital expenditures from 2017 to 2018 and have already hedged more oil production for 2018 and 2019. ... More »