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Second-quarter results benefited from higher oil prices, production.

Authors :
Conglin Xu
Bell, Laura
Source :
Oil & Gas Journal; 9/24/2018, Vol. 116 Issue 9C, p20-24, 5p
Publication Year :
2018

Abstract

The article discusses 2018 second-quarter net income of 60 U.S.-based oil and gas producers and refiners earned totaling to 14.44 billion Canadian dollars exceeding 2017 second-quarter 6.45 billion Canadian dollars. It states the improved revenue collection owing to several factors including drilling activity accelerated, crude oil production increased, and companies such as Chevron corp., and ExxonMobil Corp., and refiners contributed. A chart is presented related to earnings of companies.

Details

Language :
English
ISSN :
00301388
Volume :
116
Issue :
9C
Database :
Supplemental Index
Journal :
Oil & Gas Journal
Publication Type :
Periodical
Accession number :
131994221