Quarterly capital spending: Oil and gas industries, second quarter 2024
Released: 2024-09-03
$11,928 million
Second quarter 2024
14.8% 
(quarterly change)
Capital expenditures in the oil and gas extraction industries increased by 14.8% in the second quarter to $11.9 billion.
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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.
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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).
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