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Study: Outlook For Energy Sector In 2014 Is Positive

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April 9, 2014

The results from a recent survey, released by financial holding company CIT Group Inc. (NYSE: CIT), reveal that 81% of U.S.-based middle-market energy industry executives who were surveyed expect the current year’s profitability to follow last year’s, the company said April 1. The positive expectations for this year are actually “nearly identical” to last year’s, the company noted.

About 49% of those surveyed for the 2014 U.S. Energy Outlook said that energy independence is possible in the future, although 65% said current policies are hampering domestic energy development, the company ...

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