1990•Oil and Gas Journal; (USA)Requires access

Total revenues up, profits down for OGJ400

Robert J. Beck, J.B. Biggs

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Abstract

After moving up sharply the previous 2 years, profits for the biggest 400 U.S. public oil and gas companies sagged in fiscal 1989. The total: $20.34 billion, down 8.6% from 1988. Revenues, however, gained 6.1% to $459.2 billion. Company-by-company financial results and operating statistics appear in this report.

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What this paper is about

After moving up sharply the previous 2 years, profits for the biggest 400 U.S. public oil and gas companies sagged in fiscal 1989. The total: $20.34 billion, down 8.6% from 1988. Revenues, however, gained 6.1% to $459.2 billion. Company-by-company financial results and operating statistics appear in this report.

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Available abstract

After moving up sharply the previous 2 years, profits for the biggest 400 U.S. public oil and gas companies sagged in fiscal 1989. The total: $20.34 billion, down 8.6% from 1988. Revenues, however, gained 6.1% to $459.2 billion. Company-by-company financial results and operating statistics appear in this report.

Key concepts: Revenue, Total revenue, Finance, Business, Economics

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