Petroleum (integrated) industry

Article Abstract:

Higher oil prices early in the year 2000 have become a benefit to the integrated petroleum industry and refiners, but sustained high prices could cause an economic slowdown. The Organization of Petroleum Exporting Countries will probably increase production quotas in early 2000, and the Internet and electronic commerce will also benefit the industry in coming years. Investors need to hold some petroleum industry stocks, although there are few timely shares in this sector.

Author: Goldner, Noah, Davidowitz, Daniel, Hahn, Jeffrey M., Plank, Edward, Mitkowski, Robert, Jr., Romaine, Sigourney B., Harris, Frederick L., III, Clark, Charles, Gallen, David, Butler, Jeremy J.
Atlantic Richfield Co., ARC

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Petroleum (integrated) industry

Article Abstract:

Higher prices for crude petroleum and refined products have been good news for the petroleum (integrated) industry early in the year 2000. Petroleum drilling results have also improved and domestic refining profits are expected to increase, as well. These stocks are timely for the years 2000 and 2001, and most issues have good prospects for the future.

Author: Goldner, Noah, Davidowitz, Daniel, Hahn, Jeffrey M., Plank, Edward, Mitkowski, Robert, Jr., Romaine, Sigourney B., Harris, Frederick L., III, Clark, Charles, Gallen, David, Butler, Jeremy J.
United Kingdom

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Petroleum (integrated) industry

Article Abstract:

Profit growth has been strong for the petroleum (integrated) industry for the 4th qtr of 2000, mainly due to higher oil prices. The Organization of Petroleum Exporting Countries may cut production quotas in the future, base rates for natural gas have increased, and more mergers are also expected. These stocks are timely and appealing for investors.

Author: Bainbridge, Lars L., Goldner, Noah, Plank, Edward, Mitkowski, Robert, Jr., Romaine, Sigourney B., Harris, Frederick L., III, Clark, Charles, Gallen, David, Butler, Jeremy J., Maloney, Michael P., Marks, Daniel L.
PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Petroleo Brasileiro S.A., BPA, SC

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Statistical Data Included, Industry Overview, Petroleum industry, Petroleum, Securities, BP PLC, Tosco Corp., Repsol-YPF S.A. (Buenos Aires, Argentina), ChevronTexaco Corp., Phillips Petroleum Co., CHV, P, Exxon Mobil Corp., TOTAL S.A., Amerada Hess Corp., Ashland Inc., Conoco Inc., Holly Corp., Kerr-McGee Corp., Murphy Oil Corp., Occidental Petroleum Corp., Pennzoil-Quaker State Co., Royal Dutch Petroleum Co., Shell Transport and Trading Company PLC, Sunoco Inc., Tesoro Petroleum Corp., Texaco Inc., USX-Marathon Group, Ultramar Diamond Shamrock Corp., Unocal Corp., Valero Energy Corp., AHC, ASH, COC, HOC, KMG, MUR, OXY, PZL, SUN, TSO, TX, TOS, MRO, UDS, UCL, VLO, United States
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.