Norwegian Oil Profits
Filed in archive Capital Investing , Market , Peak Oil by michael on May 09, 2006

This company's profit margin after expense is about 10.5%. Their 2006 1st Qtr. cash and equivalents as compared to the first quarter of last year realized a 34% increase.
Apparently, high prices are high times
for oil companies everywhere. I wonder what percentage of their profits they situate into R&D to ensure not only their longevity but ours as well.?Permalink: Norwegian Oil Profits
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oil, market
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