CAT · 10-Q · 2026Q3 · Full report

Oil and Gas Demand

CATERPILLAR INC · 2026-11-04 · Importance 32 · Surprise 24

Oil & Gas is expected to grow moderately in 2026, with reciprocating engine sales anticipated to increase on strong demand in gas-compression applications. Caterpillar expects continued momentum in reciprocating-engine aftermarket parts and growth in turbine and turbine-related services sales, supported by a healthy backlog and solid order and inquiry activity. Third-quarter sales increased in reciprocating-engine aftermarket parts, gas-compression engines, turbines and related services.

Key facts