Analyst Research Report Snapshot


Loews Corporation






06 Jul 2015





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Loews Corporation (Loews or “the company”) a holding company, is one of the largest diversified companies in the US. The company through its subsidiaries is engaged in commercial property and casualty insurance; operation of offshore oil and gas drilling rigs; transportation and storage of natural gas and natural gas liquids; exploration, production and marketing of natural gas and oil; and operation of a chain of hotels. The company operates primarily in the US where it is headquartered in New York City, New York and employed 18,175 people as of December 31, 2013. The company recorded revenues of $15,053 million during the financial year ended December 2013 (FY2013), an increase of 3.4% over FY2012. The operating profit of the company was $1,871 million in FY2013, an increase of 1.7% over FY2012. Its net profit was $595 million in FY2013, an increase of 4.8% over FY2012.

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