Quarterly capital spending: Oil and gas industries, first quarter 2024
Released: 2024-06-03
$10,214 million
First quarter 2024
6.7% 
(quarterly change)
Capital expenditures in the oil and gas extraction industries increased by 6.7% in the first quarter to $10.2 billion, following a 5.8% decrease in the last quarter of 2023.
Did you know we have a mobile app?
Download our mobile app and get timely access to data at your fingertips! The StatsCAN app is available for free on the App Store and on Google Play.
Note to readers
Capital expenditures are the gross expenditures on fixed assets, including exploration and evaluation, for use in the operations of an organization or for lease or rent to others.
Data in this release are seasonally adjusted and are expressed in current dollars, unless otherwise specified.
For information on seasonal adjustment, see Seasonally adjusted data – Frequently asked questions.
Visit the Construction statistics portal to find data, publications and interactive tools related to construction statistics in one convenient location.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).
- Date modified: