US oil, gas companies' second quarter, first half 2001 earnings jump

08/13/2001
With few exceptions, second quarter and first half earnings showed impressive gains for the US oil and gas industry.Integrated firms and independent exploration and production companies alike posted sharp income gains on increased production and higher natural gas prices. Contributing to those gains for many independent E&P firms were strong price hedging programs implemented to shore up their earnings prospects (see related story, p. 22).And refiners' earnings also gained, as strong demand for products led to increased margins and high utilization rates. The other side of the downstream sector did not fare as well, as high feedstock costs and reduced demand owing to an economic downt...
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