Energy boom to cool: experts Date: Tuesday, October 31 @ 01:02:30 PST Topic: Business News; Market Research
Energy companies are churning out big profits, but there are signs that firms are growing more cautious as costs rise and prices drop for oil and natural gas.
Driven by record prices that sparked a boom in activity, oil and gas firms have been raking in rising profits over the past couple of years. But the run of record earnings for oil and gas companies is likely coming to an end, analysts say.
