Profits expected to drop on lower natural gas pricesMore oil-weighted independents had a slight edge on West Texas intermediate crude prices up from last year Petroleum News
Third-quarter earnings on average for the leading U.S.-based exploration and production independents are expected to slide nearly 11 percent from the second quarter, largely because of eroding natural gas prices during the three-month period.
However, earnings for the sector were expected to rise m....
[additional news subjects in this story]
Apache, XTO, Forest, expected to report higher earnings
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