Economic

Impacts of the Economic Crisis on Global Oil &amp

Gas Investment225500 Encana also shows a significant increase in its revenues from 2003 to 2007 while showing different fluctuations in its revenues growth rate. Anadarko revenues also predict an increasing trend from 2003 to 2007. The revenues growth rate has been also consistent, however. the growth rate was significantly low in 2005. SWN also reports an increase in its revenues from 2003 to 2007 as it is evident from the graph. The revenues growth rates of SWN were also increased during this period, however, in 2006, the revenue growth rate declined. At the end of the year 2007, the revenue growth rate was the highest (64.4 percent). EOG revenues have been showing an increasing trend from 2003 to 2007 however, the growth rate of revenues has been the highest (61 percent) in 2005. Cabot revenues during pre-credit crunch have also increased significantly the rate of revenues has also increased significantly during this period. ENI revenues are showing an increasing trend during the pre-credit crunch period, which actually shows the profitability of the company. The growth rate of revenues also shows a positive trend, however, in 2005, the company incurred a significant decline in its revenues growth rate. Nobel revenues have increased from $1059m in 2003 to $3319m in 2007, which means that revenues have increased by 213 percent, however, the growth rate of revenues have not been consistent during this period. Actually, the high revenues of oil and gas companies in 2007 were because of the high demand for crude petroleum and related products in the world market and because of this sustainable demand the year 2008 was being considered as having great prospects for oil and gas industries (Egbogah, 2007). Whilst analyzing the revenues trends of Forest, it has been noticed that the company has been generating positive revenues from 2003 to 2007.

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