Energy industry earnings likely more than tripled in the second quarter, as companies hauled in record revenue due to high oil and gas prices. “This quarter is going to be a blowout,” said Stewart Glickman, energy analyst at CFRA. The two biggest U.S. energy companies, Exxon Mobil and Chevron, are reporting on Friday. Analysts say […]
https://www.rangerminerals.com/wp-content/uploads/2022/08/103715081-GettyImages-480270745.jpg10801920Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2022-08-04 08:00:292023-09-28 12:36:46Energy Companies Expect Record Profits Again as Strained Supplies Lift Oil and Gas Prices
Texas oil producers paid $694 million in production taxes to the state. This is according to the Comptroller’s data in July. The highest monthly collection on record are up 84% percent from July 2021. Natural gas production taxes paid also reached a record high in July at $532 million. Moreover, it was up 185 percent […]
https://www.rangerminerals.com/wp-content/uploads/2022/08/Production-taxes-paid-by-Texas-oil-and-natural-gas-producers-break-records-again-in-July.jpg5761024Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2022-08-03 08:00:222023-09-28 12:36:51Production Taxes Paid by Texas Oil and Natural Gas Producers Break Records Again in July
Oil prices rises to about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar, and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. interest rates too aggressively. Brent crude futures for September settled up $1.95, or 1.9%, at […]
https://www.rangerminerals.com/wp-content/uploads/2022/07/5GEZCTDG7FNX5OYMB23QPYUWCA.jpg584960Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2022-07-28 08:00:562023-09-28 12:36:56Oil Rises $2 as Dollar Eases, Market Wary of Fed
Energy Companies Expect Record Profits Again as Strained Supplies Lift Oil and Gas Prices
IndustryEnergy industry earnings likely more than tripled in the second quarter, as companies hauled in record revenue due to high oil and gas prices. “This quarter is going to be a blowout,” said Stewart Glickman, energy analyst at CFRA. The two biggest U.S. energy companies, Exxon Mobil and Chevron, are reporting on Friday. Analysts say […]
Production Taxes Paid by Texas Oil and Natural Gas Producers Break Records Again in July
IndustryTexas oil producers paid $694 million in production taxes to the state. This is according to the Comptroller’s data in July. The highest monthly collection on record are up 84% percent from July 2021. Natural gas production taxes paid also reached a record high in July at $532 million. Moreover, it was up 185 percent […]
Oil Rises $2 as Dollar Eases, Market Wary of Fed
IndustryOil prices rises to about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar, and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. interest rates too aggressively. Brent crude futures for September settled up $1.95, or 1.9%, at […]