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Arathy Somasekhar Profile picture
Arathy Somasekhar
@ArathySom
Editor-in-Charge, North America Commodities & Energy Companies for @Reuters | Moonlighting as U.S. crude markets reporter | Tips to arathys.nair@tr.com
Mar 18, 2020 • 10 tweets • 4 min read
THREAD: Since March 9, when oil prices started plunging, my team and I have been compiling data on the budget cuts announced by N.American E&Ps.
They have cut more than 28% of their 2020 capex. See below for list:
Compiled by @arooneyma @shanti_2594 and @Arundhati_05 These include only the ones that have given hard numbers. Some others have said they will cut, but did not provide specific details.