Rig count & profits down, Oil Prices up - Natural Gas Historic low

From EIA quarter report...  total income -59%
Based on these figures future pain and volatility is inevitable...

• Crude oil prices in Q409 were 39 percent higher than in Q408 and 24 percent higher than the average for the fourth quarter of 2004-2008 (in Q409 dollars).

• Natural gas prices of Q409 were 36 percent lower than in Q408 and 47 percent lower than the fourth quarter average for 2004-2008 (measured in Q409 dollars).

Please see full report by EIA here