Operating, financial results for OGJ200 recover in 1999

10/16/2000
Click here to enlarge imageFinancial and operating results for 1999 of companies on the OGJ200 list of publicly traded oil and gas producing companies in the US mostly reflected improvement over a dismal 1998.About two-thirds of the 200 companies made a profit in 1999, up from only one third in 1998. Return on stockholder equity was more than 5 times better than 1998's record low.The list of fastest-growing companies sprang back to life in 1999 after almost drying up the previous year.With crude oil demand surging and production unable to keep pace, many companies rode the wave of higher prices. Combined net income for the 200 companies of $22.3 billion was six times that of 1998. I...
read-story

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