Petroleum (producing) industry
Article Abstract:
Demand for petroleum and natural gas, along with future energy needs, have created a favorable market for petroleum and gas, and industry profits are expected to increase by 10% in 1997 and 1998. However, the industry has the risk of volatile prices, international currency devaluations, and the high daily cost of drilling rig rentals. Price momentum and recent earnings have made these stocks untimely, but several have three-to-five year potential.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Natural gas (diversified) industry
Article Abstract:
Lackluster natural gas demand resulting from warm winter weather has limited withdrawals from storage, and natural gas inventories for June 5, 1998 were 36% higher than for the same time in 1997. However, natural gas prices are expected to remain stable in 1998 and 1999, and exploration and production will have an impact as well. Investors need to evaluate these stocks on an individual basis prior to making financial commitments.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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