Posts Tagged ‘oil and gas wells’

Complete Production Services, Inc. Reports Fourth Quarter 2009 Results

February 3rd, 2010

HOUSTON–(BUSINESS WIRE)–Complete Production Services, Inc. (NYSE:CPX - News) today reported fourth quarter revenue of $251.4 million, operating loss of $114.9 million and a net loss of $103.5 million, or $1.38 per diluted share. Fourth quarter results include $102.1 million in pre-tax, non-cash charges ($1.21 per diluted share). The non-cash charges impacted the Completion and Production [...]

Exxon Profit Rises, Tops Estimates, After Oil Surges (Update4)

October 31st, 2008

By Joe Carroll
Oct. 30 (Bloomberg) — Exxon Mobil Corp., the world’s biggest oil company, said third-quarter profit jumped 58 percent, exceeding analyst estimates, as record crude prices made up for the largest drop in output in at least a decade.
Net income rose to $14.8 billion, or $2.86 a share, from $9.41 billion, or $1.70, [...]

Natural gas boom fills state coffers

October 17th, 2008

by Justin D. Anderson
Daily Mail Capitol Reporter
CHARLESTON, W.Va. — Tax revenue collected from natural gas producers has increased by about $65 million over the past decade due to a boom in the state’s natural gas industry.
Last fiscal year, the state collected $81 million in natural gas severance taxes. In 1999, the state collected just over [...]