Description: Reported earnings by America’s natural gas and oil industry indicate a sector that is a large, robust driver of the U.S. economy – benefiting millions of American households through individually owned stocks, mutual funds, retirement accounts and other financial instruments. Earnings allow American companies to help strengthen the broader economy by investing in facilities, infrastructure, new technologies and new production that supports millions of American jobs.
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Home Natural Gas & Oil Energy Primers Earnings in Perspective Earnings in Perspective Reported earnings by America’s natural gas and oil industry indicate a sector that is a large, robust driver of the U.S. economy – benefiting millions of American households through individually owned stocks, mutual funds, retirement accounts and other financial instruments. Earnings allow American companies to help strengthen the broader economy by investing in facilities, infrastructure, new technologies and new producti
Let’s take a look at some visuals that illustrate these important points.
Natural gas and oil company earnings generate lots of attention, especially when viewed in the small context of quarterly reports issued by companies. Looked at quarterly 2018-2021, oil and natural gas earnings per dollar of revenue (percent) in the red bars are in line with those of all other S&P 500 sectors. This chart shows the impacts of the 2020 economic slowdown associated with efforts to combat the pandemic, impacts that lasted into the first quarter of 2021.