About Performance Profiles and the Financial Reporting System
The Energy Information Administration’s (EIA) Performance Profiles of Major Energy Producers is a comprehensive annual financial review and analysis of the domestic and worldwide activities and operations of the major U.S.-based energy-producing companies. Performance Profiles primarily examines companies’ operations on a consolidated corporate level, by individual lines of business, by major functions within each line of business, and by various geographic regions. Performance Profiles focuses on annual aggregate changes in profits, cash flow, and investment in the U.S. and international energy industry resulting from major energy companies’ current operations. Performance Profiles also explores changes in the majors' exploration and development expenditures and their success in finding and developing oil and gas reserves. The analysis in this report is based on detailed financial and operating data and information submitted each year to the EIA on Form EIA-28, the Financial Reporting System (FRS). The FRS Companies derive the bulk of their revenues and income from petroleum operations, which includes natural gas production. A majority of these companies are multinational, with 40 percent of the majors’ net investment located abroad. Worldwide petroleum and natural gas market developments are of primary importance to these companies’ financial performance. EIA supplements the FRS data with additional information from company annual reports and press releases, disclosures to the U.S. Securities and Exchange Commission, news reports and articles, and various complementary energy industry data sets.
The FRS Companies in 2005
Note: See Structure of the Financial Reporting System for a link to the list of FRS respondents from 1974 forward. Three of the FRS companies are owned by foreign companies: BP America — owned by BP plc; Shell Oil — owned by Royal Dutch Shell plc; and Total Holdings USA — owned by Total S.A.. Additionally, on August 16, 2006 Lyondell Chemical acquired CITGO's share of the LYONDELL-CITGO joint venture.
Download Full Set of Reports
PDF format, 981 KB