据RZNews.com网站7月24日休斯敦报道，根据穆迪投资者服务公司的一份最新报告，全球5大石油公司埃克森美孚公司、雪佛龙公司、荷兰皇家壳牌公司、道达尔公司和英国石油公司将“从油价的部分回升中获益”。
穆迪投资者服务公司高级副总裁皮特•斯皮尔在一份公司声明中表示：“5大石油公司的主要业务风险是石油和天然气价格的波动，而他们在油价暴跌的最严重时期证明了自己的基本强度。”
斯皮尔补充说：“在目前改善的环境下，我们预计他们将继续追求效率并维持具有竞争力的成本结构，以期从更高的价格中获益。”
穆迪投资者服务公司在报告中透露，预计明年5大石油巨头的资本支出将年增5%。
报告称：“与此同时，油价不断上涨使得5大石油公司得以从运营现金流中全额筹集股息和资本支出。”
报告强调，5大石油公司都“削减了成本，大笔削减了资本支出，剥离了资产，使他们的业务在一个大宗商品价格区间波动的世界里获得成功”。
报告说：“自油价暴跌以来，石油巨头们减少了大型项目的批准并通过降低油田服务成本和提高效率降低了他们的资本成本。”
穆迪投资者服务公司在报告中表示，预计这5家公司将继续遵循“保守的金融政策”来保持灵活性以应对大宗商品价格周期并为与监管改革相关的投资提供资金。
报告指出：“对于周期较长的大型项目，他们将保持资本纪律和谨慎，同时考虑长期规划来预期需求的长期变化以及减轻受困资产风险。”
李峻 编译自 RZNews.com
原文如下：
Exxon, Chevron, Shell, Total, BP Set to 'Reap Benefits' of Price Recovery
ExxonMobil Corporation, Chevron Corporation, Royal Dutch Shell plc, Total S.A. and BP plc are set to “reap the benefits of a partial recovery in oil prices”, according to a new report from Moody's Investors Service (MIS).
"The five major oil companies' principal business risk is oil and gas price volatility, and they proved their fundamental strength though the depths of the oil price crash," Pete Speer, a Moody's senior vice president, said in an organization statement.
"In today's improved environment, we expect them to continue to pursue efficiencies and maintain competitive cost structures in order to reap the benefits of higher prices,” he added.
MIS revealed in the report that it foresees a five percent annual increase in capital spending for the majors next year.
“Meanwhile, improving oil prices have allowed the majors to fully fund dividends and capex from operating cash flow,” the report stated.
The report highlights that Exxon, Chevron, Shell, Total and BP have all “cut costs, slashed capital spending and divested assets, positioning their businesses to prosper in a world of range-bound commodity prices”.
“Since the price collapse, the majors have sanctioned fewer large projects and lowered their capital costs by reducing oilfield services costs and increasing efficiencies,” the report stated.
MIS said in the report that it expects the companies to continue following “conservative financial policies” to maintain flexibility to weather commodity price cycles and fund investments related to regulatory change.
“They will remain capital disciplined and cautious regarding large projects with long cycle times, while being thoughtful about long-term planning to anticipate secular shifts in demand and mitigate stranded asset risk,” the report said.
