Producers, refiners post improved second-quarter 2010 earnings

Stronger crude oil and product prices in the second quarter of 2010 lifted the combined earnings of a group of US and Canadian oil and gas producing companies and refiners from rather dismal results in second-quarter 2009.The second-quarter earnings of a sample of service and supply firms also climbed, up 9% from a year earlier, while their combined net income for the first half of this year declined 15% from first-half 2009.In this year's second quarter, front-month oil futures prices on the New York Mercantile Exchange jumped 33% from a year earlier to average $78.05/bbl.Product prices also were stronger than during last year's second quarter, despite a still-weak US labor market and pl...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected