Burlington Resources. Inc.
Stock Symbol: BR
717 Texas Avenue
Burlington Resources. Inc. Industry:
Oil & Gas Operations
Burlington Resources. Inc. Description:
Burlington Resources Inc. is a holding company engaged, through its principal subsidiaries, Burlington Resources Oil & Gas Company LP, The Louisiana Land and Exploration Company, Burlington Resources Canada Ltd., Canadian Hunter Exploration Ltd., and their affiliated companies, in the exploration for, and the development, production and marketing of, crude oil, natural gas liquids (NGLs) and natural gas.
Burlington Resources. Inc. Financial Summary:
Burlington Resources Inc. is a holding company engaged, through its subsidiaries, in the exploration, development, production and marketing of crude oil and natural gas. For the six months ended 6/30/05, revenues rose 24% to $3.26B. Net income rose 38% to $1.01B. Revenues reflect higher commodity prices and increased crude oil and NGLs sales volumes. Net income also reflects lower dry hole costs and drilling expenses and gains on the sale of assets.
Burlington Resources. Inc. Business Summary:
Burlington Resources Inc. (BR) is engaged in exploration, production, development and marketing of natural gas, crude oil and natural gas liquids (NGLs) trough its main subsidiaries. BR is a holding company and its principal subsidiaries include Burlington Resources Oil & Gas Company LP, The Louisiana Land and Exploration Company (LL&E), Burlington Resources Canada Ltd, Burlington Resources Canada (Hunter) Ltd. and their affiliated companies. BR operating segments are United States, Canada and Other International. International operations focus on northwest Europe, North Africa, China and South America.