Financial, operating results, assets total down for OGJ300

Journal Article · Mon Sep 20 04:00:00 EDT 1993 · Oil and Gas Journal; (United States)

OSTI ID:6371530

Financial and operating results of the Oil and Gas Journal 300 dropped again in 1992. It was the second consecutive set of declines for OGJ's list of the largest publicly traded, oil and gas producing companies in the U.S. Totals fell from 1991 results in almost all categories for financial and operating performance. Group net income fell sharply in 1992. Large, integrated companies reported sharp earnings declines, many of them related to special charges for restructuring and mandatory accounting changes. In addition, revenues were suppressed by lower crude and product prices below levels of 1991 and a decline in total crude production. This was partially offset by higher prices and demand for natural gas and by increased demand for petroleum products. The paper discusses the economic situation in the petroleum and natural gas industries then gives extensive data on the following: total assets, total income, net income, stockholders' equity, capital spending, worldwide and US liquids production, worldwide and US natural gas production, worldwide and US liquids reserves, worldwide and US natural gas reserves, and US net wells drilled.

• OSTI ID: 6371530
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 91:38; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
COMPILED DATA
DATA
DEVELOPED COUNTRIES
DRILLING
ENERGY SOURCES
FINANCIAL DATA
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INCOME
INDUSTRY
INFORMATION
INVESTMENT
NATURAL GAS
NATURAL GAS INDUSTRY
NORTH AMERICA
NUMERICAL DATA
PETROLEUM
PETROLEUM INDUSTRY
PRICES
PRODUCTION
RESERVES
RESOURCES
USA
WELL DRILLING