Welcome to EIA's Energy Finance page with information on EIA's financial survey of major U.S. energy companies. If you need assistance viewing this page, please call (202) 586-8800. Return to Energy Information's Administration Homepage


  Home> Energy Finance> The FRS Survey

The Financial Reporting System (FRS)

The Financial Reporting System (FRS) was established in 1977 under Section 205 (h) of the Department of Energy Organization Act (P.L. 91-95). This statute requires the EIA to "identify and designate major energy-producing companies," and develop and implement a data reporting program for energy financial and operating information from these companies. The EIA is also required to submit an annual data and analysis report on the FRS information (Performance Profiles of Major Energy Producers) to the Congress.

Individual company financial reporting is required "on a uniform and standardized basis" for "each line of commerce in the energy industry" in which the company or its affiliates is involved. The data are to permit the EIA to:

This image is a highlight bullet for an item in a list. develop a "statistically accurate profile of each line of commerce in the energy industry in the Unites States;"
This image is a highlight bullet for an item in a list. evaluate "company revenues, profits, cash flow, and investments in total;"
This image is a highlight bullet for an item in a list. analyze "the competitive structure of sectors and functional groupings within the energy industry;"
This image is a highlight bullet for an item in a list. segregate and describe company financial and operating data "by energy source and geographic area;" and
This image is a highlight bullet for an item in a list. determine the costs associated with segmental energy functions such as "exploration, development, production, processing, transportation, and marketing... ."

The reporting companies submit annual data to EIA on Form EIA-28. The survey form's filing instructions are available for viewing as a PDF file (844 KB). FRS survey data are available in Excel spreadsheets for viewing online or downloading to your computer.

The EIA's FRS program also uses this data to conduct special one-time studies (or shorter ad hoc reports) on emerging energy financial analysis issues. The worldwide operation of the FRS reporting companies also often relate to broader international issues under review by other EIA staff.

File last modified: June 18, 2004

Contact:

Greg Filas
greg.filas@eia.doe.gov
Phone: (202) 586-1347
Fax: (202) 586-9753

URL: http://www.eia.doe.gov/emeu/finance/page1a.html

Back to Energy Finance Home

If you are having technical problems with this site, please contact the EIA Webmaster at: wmaster@eia.doe.gov

Overview
Petroleum | Natural Gas | Coal | Nuclear | Electricity | Renewables | Alternate Fuels | International | Environment | Forecasts | Home |