The global oil & gas industry experienced a 48% drop in company filings mentions of lng in Q3 2023 compared with the previous quarter, with the highest share accounted for by Cheniere Energy Partners with 32% year-on-year increase, according to GlobalData’s analysis of over 233 oil & gas company filings. GlobalData’s Oil & Gas: Filings Trends & Signals Q3 2023 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, lng was one of the most frequently referenced themes in Q3 2023, ranking highest in terms of mentions, ahead of shale and energy transition, according to GlobalData.
Of the top leading companies in the oil & gas industry, Cheniere Energy Partners had the greatest increase in references for lng in Q3 2023, compared with the previous quarter. GlobalData identified 149 lng-related sentences in the company's filings - 12% of all sentences - and an increase of 32% in Q3 2023 compared with Q3 2022. Cheniere Energy’s mentions of lng dropped by 26% to 117 and Woodside Energy Group’s by 29% to 60 and ConocoPhillips’s by 24% to 42 and Chesapeake Energy’s by 47% to 25.
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. The overall index for lng in Q3 2023 was 103.
For further understanding of GlobalData's Oil & Gas: Filings Trends & Signals Q3 2023, buy the report here.