For some business types, there may be a similar industry to SIC Code 13 - Oil and Gas Extraction that is a better classification match. Pipeline transportation of petroleum, gasoline, and other petroleum products (except crude petroleum field gathering lines) is classified in Transportation and ...
SIC Code 3533: Manufacturing machinery and equipment for use in oil and gas fields or for drilling water wells, including portable drilling rigs
In the late twentieth century, the oil industry made significant cutbacks in exploration, production, and corporate staffs. Slim profits, surplus inventories, and low prices cooled the fever to explore for new oil and gas fields. In some cases, such as with the 1984 purchase of Gulf Oil by ...
This industry includes establishments primarily engaged in performing oil and gas field services, not elsewhere classified, for others on a contract or fee basis. Services included are excavating slush pits and cellars; grading and building of foundations at well locations; well surveying; running, cu...
Our sample mainly included M&A firms with the SIC code “1311: Crude Petroleum & Natural Gas” as Non-positive takeover performance of acquirers Fig. 3 illustrates the number and deal value of M&A transactions in Canada from 1990 to 2008. Note that the deal values for 2008 are annualized ...
The quantity of gas a buyer or shipper has nominated to receive on an annual basis from a pipeline. Any Current Month OPIS prices labeled as "any current month" represent transactions for product that buyer and seller agree will be delivered at any time during the current calendar month. Any...
However, previous research has shown contradictory findings in the relationship between CSR and economic-value added (EVA). The purposes of this quantitative study were to examine the relationship between CSR and EVA in the oil and gas industry and to identify differences between financial performance...
As a starting point, the S&P Composite 1500 index was taken and different measures of industry classification were used to obtain the sample of 32 oil and gas firms (see Appendix B). More specifically, the 1500 companies were clustered in three ways. First, we clustered by the SIC 1311 ...
Recent theoretical developments in economics distinguish between risk and ambiguity (Knightian uncertainty). Using state-of-the-art methods with intraday stock market data from February 1993 to February 2021, we derive financial ambiguity and empirically
While the first cryptocurrency was created in 2009, it was not until the last year or two that the mining of cryptocurrency made its way into the oil and gas realm. As gas prices fell in the last several years, operators became interested in ways to util