Majors' indicative sources of finance and free cash flow, 2012-2020

Last updated 27 May 2020

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Sources

Calculations based on Bloomberg (2020) and Thomson Reuters Eikon (2020).

Notes

Free cash flow is cash flow from operating activities less capital expenditure. It excludes changes in working capital. Majors = BP, Chevron, ConocoPhillips, Eni, ExxonMobil, Shell and Total.

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