Skip to main content

Energy Tomorrow Blog

America’s Oil and Natural Gas Industry Benefits Americans

oil and natural gas industry earnings  economic benefits  stock ownership  pension funds  mutual funds  iras  401k  retirement funds  investments 

Mark Green

Mark Green
Posted October 21, 2014

Sonecon’s updated look at ownership of the U.S. oil and natural gas industry shows that the benefits of a successful, rigorous industry sector continue to accrue to a broad range of Americans – who are the industry’s true owners. Here’s what we mean by broad:

  • Public and private pension and retirements plans, including 401(k)s and IRAs, hold 46.8 percent of all shares of U.S. oil and natural gas companies in 2014.
  • Asset management companies, including mutual funds, hold 24.7 percent of oil and natural gas shares.
  • Individual investors hold 18.7 percent of all oil and natural gas company shares.

Combined, that’s 97 percent of all oil and natural gas company stock – held by millions of Americans across the country.

More »

Blogger Conference Call - ExxonMobil Earnings and Taxes

domestic energy  earnings  energy policy  energy taxes  exxonmobil  industry earnings  oil and natural gas industry  section 199  tax policy  taxes 

Jane Van Ryan

Jane Van Ryan
Posted May 10, 2011

API co-hosted a blogger conference call with ExxonMobil yesterday to discuss the company's first quarter earnings and energy tax policies. Ken Cohen, ExxonMobil's vice president of public and government affairs, and Jaime Spellings, ExxonMobil's general tax counsel, broke down the company's profits and spoke to misperceptions about the current tax code

More »

Blogger Conference Call - Industry Earnings and Public Pension Plan Ownership

domestic energy  earnings  economic growth  industry earnings  oil earnings  pension funds  pension plans  pensions  technology innovation 

Jane Van Ryan

Jane Van Ryan
Posted April 29, 2011

If you're a regular reader of the EnergyTomorrow blog posts, you've noticed that we've been focusing on a new study this week that quantifies the contributions of oil and natural gas industry stock to state pension plans.

More »

U.S. Oil and Natural Gas Industry Earnings Reflect Contributions to Our Economy

domestic energy  earnings  finance  industry earnings  investment 

Jack Gerard

Jack Gerard
Posted April 28, 2011

Editors Note: As U.S. oil and natural gas companies begin to report their first quarter earnings this week, API President and CEO Jack Gerard said critics should put the information into perspective, recognizing the valuable contributions the oil and natural gas industry provides to our nation.

More »

ETR 130 - The Oil and Natural Gas Industry's Contribution to State Pension Plans

401k  finance  industry earnings  investments  michigan  missouri  ohio  pennsylvania  pension plans  pensions  retirees  stocks 

Jane Van Ryan

Jane Van Ryan
Posted April 27, 2011

A new report conducted on behalf of API by Robert Shapiro of Sonecon, LLC, examines the financial impact of investments in oil and natural gas companies on the overall performance of the two largest public employee pension funds in each of four states - Michigan, Missouri, Ohio and Pennsylvania. The data shows these investments sharply out-performed the funds' other assets.

More »

Second Quarter Oil Industry Earnings

earnings  oil company ownership  oil earnings  oil industry earnings  pensions  oil company earnings 

Jane Van Ryan

Jane Van Ryan
Posted July 29, 2010

Oil and natural gas companies have been reporting their second quarter earnings during the past several days. The companies' earnings vary greatly based on their business focus. 

More »