Petroleum companies’ financial performance down

Petroleum Companies’ Financial Performance Down

As many oil and gas companies began releasing their 2019 financial reports this week, it became apparent that last year was a stinker financially even though there was record production in the U.S. Exxon Mobil, the nation’s largest energy company, reported a 31 percent decline in earnings compared to 2018….

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

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