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Title: US energy industry financial developments, 1993 second quarter

Technical Report ·
DOI:https://doi.org/10.2172/10187208· OSTI ID:10187208

US Energy Industry Financial Developments, 1993 Second Quarter provides information on the financial performance of energy companies during the most recent reporting period. The data are taken from public sources such as the Wall Street Journal, Energy Information Administration publications, corporate press releases, and other public sources. Based on information provided in 1993 second quarter financial disclosures, net income for 114 petroleum companies--including 19 majors--rose 33 percent between the second quarter of 1992 and the second quarter of 1993. Both upstream (oil and gas exploration, development and production) operations and downstream (petroleum refining, marketing, and transport) contributed to the improved financial Performance of petroleum companies consolidated operations. Rate-regulated industries also showed positive income growth between the second quarter of 1992 and the second quarter of 1993 due to higher natural gas prices and increased electricity consumption.

Research Organization:
US Department of Energy (USDOE), Washington DC (United States). Energy Information Administration, Office of Energy Markets and End Use
Sponsoring Organization:
USDOE, Washington, DC (United States)
OSTI ID:
10187208
Report Number(s):
DOE/EIA-0543(93/2Q); ON: DE94000663; NC: NONE
Resource Relation:
Other Information: PBD: 29 Sep 1993
Country of Publication:
United States
Language:
English