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May 31, 2001

Roll out the barrel

How has the recent explosion in oil company profits affected IR in the sector? We find out from Texaco, Shell, BP and Gulf Canada Resources

Dot-coms may be dropping like flies, but oil stocks are riding high. Industry-wide rises suggest a sustainable resurgence in the fortunes of the sector, with oil companies suddenly the unlikely poster children for an old economy love-fest. Many oil stocks have enjoyed significant rises with big names like Exxon, Shell and BP Amoco reporting hefty profits. But are these improvements the sign of a thoroughbred's return to consistent form or just a short-term flush of success while the course

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