From uncertainty to opportunity

2026 Oil & Gas Payment Report

Working capital can be a competitive advantage

$1.4T
annual revenue of the North American oil and gas industry1
80%
of respondents reported that working capital pressure has been sustained or has increased over the last 12 months2
92%
of respondents agree that real-time payments would meaningfully improve cash flow management2
The North American oil and gas industry is large. But scale doesn't always lead to liquidity. There are many factors that can contribute to the lack of working capital. To better understand these challenges, Visa surveyed 160 CFOs, Treasurers and senior finance leaders at oil and gas companies across the United States and Canada. This report reveals how they are responding to these pressures and provides insights to help find new opportunities.

Inside, you'll find:
  • Why working capital has become a strategic priority

  • Where capital is getting tied up

  • What late payments can cost downstream

  • Why commercial card adoption remains underutilized

  • How our five-step playbook can help free up working capital
Visa Commercial Solutions works alongside finance teams to help bring visibility, control and efficiency to how money moves. Download the report to explore key oil and gas industry trends, challenges, and opportunities shaping the future of commercial payments.
1. Euromonitor International, Industrial data (Energy sector, North America), based on trade sources and national statistics
2. From Uncertainty to Opportunity: 2026 Oil & Gas Payment Report
Case studies, comparisons, statistics, research and recommendations are provided “AS IS” and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice.

Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this document, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice and readers are encouraged to seek the advice of a competent professional where such advice is required.

These materials and best practice recommendations are provided for informational purposes only and should not be relied upon for marketing, legal, regulatory or other advice. Materials and recommendations should be independently evaluated in light of your specific business needs and any applicable laws and regulations. Visa is not responsible for your use of the marketing materials, best practice recommendations or other information, including errors of any kind, contained in this document

Methodology

Large & Middle Market Oil & Gas Report, Prepared for Visa by Morning Consult.

This study was conducted May 18–May 27, 2026 among 160 senior finance decision-makers (CFOs, Treasurers, VPs and Directors of Finance) at U.S. and Canadian oil & gas companies with $50M+ in annual revenue. Fielded online.

Respondents were segmented via k-means clustering on adoption posture (VISA30) and an eight-item finance-management battery (VISA31_1–8) into two personas: Nimble Re-Calibrators (Modernizers) and Late Adopters (Followers).

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2026 Oil & Gas Payment Report cover

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1. Euromonitor International, Industrial data (Energy sector, North America), based on trade sources and national statistics
2. From Uncertainty to Opportunity: 2026 Oil & Gas Payment Report
Case studies, comparisons, statistics, research and recommendations are provided “AS IS” and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice.

Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this document, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment or legal advice and readers are encouraged to seek the advice of a competent professional where such advice is required.

These materials and best practice recommendations are provided for informational purposes only and should not be relied upon for marketing, legal, regulatory or other advice. Materials and recommendations should be independently evaluated in light of your specific business needs and any applicable laws and regulations. Visa is not responsible for your use of the marketing materials, best practice recommendations or other information, including errors of any kind, contained in this document

Methodology

Large & Middle Market Oil & Gas Report, Prepared for Visa by Morning Consult.

This study was conducted May 18–May 27, 2026 among 160 senior finance decision-makers (CFOs, Treasurers, VPs and Directors of Finance) at U.S. and Canadian oil & gas companies with $50M+ in annual revenue. Fielded online.

Respondents were segmented via k-means clustering on adoption posture (VISA30) and an eight-item finance-management battery (VISA31_1–8) into two personas: Nimble Re-Calibrators (Modernizers) and Late Adopters (Followers).
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