EIA: Financial News for Independent Energy Companies

by Sabrina I. Pacifici on September 21, 2010

Financial News for Independent Energy Companies, Second Quarter 2010 — Sep 21, 2010 – “reviews the recent financial performance of independent U.S. energy companies, and now includes ethanol producers. The latest data presented are for April through June 2010. Independent energy companies overall reported a large increase in income in the second quarter of 2010 (Q210) to $3.4 billion, driven largely by the rebound in oil and gas producer earnings from losses in Q209. Both revenue and earnings increased in Q210 for all three types of companies covered in this report — independent oil and natural gas producers, oil field companies, and ethanol producers. The next update, for July through September, will be released in December 2010.”

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