This was the top story over at Rigzone today. t's a Bloomberg story. It's an open-book test.
Headline: Big Oil to bury skeptical investors in piles of cash. Data points:
- according to Bloomberg, investors still haven't forgiven oil companies for crude-price collapse four years ago
- oil remains at $80
- costs languish at an 8-year low
- 2018: oil companies will rake in as much extra cash as it did in the previous five years combined -- Rystad Energy
- one could liquidate Facebook and it wouldn't touch what oil companies will generate in free-flowing cash over the next three years
- international oil companies: could see free cash flow
- double this year
- to a record $175 billion
- rise again in 2019, to $200 billion
- stay around that level for least two more years after that
- Bloomberg cited enough concerns in the second half of the story to offset the first half
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