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Vol. 9, No. 1 Week of January 04, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry

U.S. independents’ earnings could drop despite higher prices

Analysts expect fourth quarter earnings to decrease by 12%

Petroleum News

Analysts expect the leading U.S. exploration and production independents to report 2003 fourth quarter earnings roughly 12 percent below the third quarter, a surprise considering prices for natural gas rose 12.7 percent and oil 3.5 percent during the same period. However, the consensus among analys....

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Natural gas surplus declined rapidly


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