The global oil & gas industry experienced a 35% drop in company filings mentions of cybersecurity in Q2 2024 compared with the previous quarter, with the highest share accounted for by Eni with 343% year-on-year increase, according to GlobalData’s analysis of over 242 oil & gas company filings. GlobalData’s Oil & Gas: Filings Trends & Signals Q2 2024 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, cybersecurity was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of robotics and batteries, according to GlobalData.
Of the top leading companies in the oil & gas industry, Eni had the greatest increase in references for cybersecurity in Q2 2024, compared with the previous quarter. GlobalData identified 62 cybersecurity-related sentences in the company's filings - 0.9% of all sentences - and an increase of 343% in Q2 2024 compared with Q2 2023. Sempra’s mentions of cybersecurity rose by 18% to 40 and Enbridge’s by 13% to 17 and Mitsui’s by 8% to 14 and Imperial Oil’s by 100% to 4.
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 cybersecurity in Q2 2024 was 200.
For further understanding of GlobalData's Oil & Gas: Filings Trends & Signals Q2 2024, buy the report here.
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