2014 BDO Oil and Gas RiskFactor Report
Each year, BDO analyzes the risk factors listed in the most recent 10-Ks for the largest 100 public U.S. E&P companies by revenue. This year's BDO Oil & Gas RiskFactor Report found that regulatory risks and commodity price fluctuations remain the leading industry risks for the fourth year running. However, with shale's profitability continuing, the U.S. oil & gas industry is growing increasingly crowded, and competitive risks are beginning to emerge. At the same time, risks related to hydraulic fracturing and companies' use of hedging instruments continue to take center stage.