Corporate Performance Announcements

Zephyr Energy plc  (“Zephyr” or the “Company”) – State 36-2R well drilling operations update

Zephyr Energy plc (“Zephyr” or the “Company”) – State 36-2R well drilling operations update

Oil and Gas 360


Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication of this announcement, this information is now …

PEDEVCO provides update on new Permian Basin wells

PEDEVCO provides update on new Permian Basin wells

Oil and Gas 360


HOUSTON, TX / ACCESSWIRE / April 17, 2024 / PEDEVCO Corp. (NYSE American:PED) (“PEDEVCO” or the “Company”), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today …

Shell sees significantly lower Q1 LNG trading results

Shell sees significantly lower Q1 LNG trading results

Investing


LONDON -Shell said on Friday it expects significantly lower results from its liquefied natural gas trading business in the first quarter of 2024 compared with the previous three months.

In an update ahead of quarterly results on May 2, …

Source: Reuters

Petrobras loses over $10 billion in market cap after dashing dividend hopes

Yahoo Finance


Petrobras has been a major cash cow for its shareholders in recent years, including the Brazilian government, with the prior management paying out far more than Western oil major peers.

Under new management picked by President Luiz Inacio …

Pine Cliff Energy Ltd: President’s message to shareholders

Pine Cliff Energy Ltd: President’s message to shareholders

Oil and Gas 360


I hope everyone is doing well. Pine Cliff has been busy integrating our acquisition of Certus Oil and Gas, which closed on December 13th. We are pleased to report that the performance of these assets thus …

EQT announces strategic production curtailment

EQT announces strategic production curtailment

Oil and Gas 360


PITTSBURGHMarch 4, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT” or the “Company”) today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross production beginning in late February …

Source: Canadian Natural Resources

Canadian Natural Resources lifts dividend after posting record production

Oil Price


Canadian Natural Resources (NYSE: CNQ) is raising its quarterly dividend as it posted consensus-beating earnings for Q4, driven by record-high oil and natural gas production last year.

Canadian Natural Resources, the biggest oil and gas producer …

Sitio Royalties reports fourth quarter and full year 2023 operational and financial results, recent developments, and provides full year 2024 guidance

Sitio Royalties reports fourth quarter and full year 2023 operational and financial results, recent developments, and provides full year 2024 guidance

Oil and Gas 360


Announces Definitive Agreement to Acquire 13,062 NRAS in the DJ Basin for $150 Million(1)

Announces $200 Million Share Repurchase Program and Updated Return of Capital Framework

Closed on Previously Announced Sale of Anadarko and Appalachia

Source: World Oil

APA to increase global oil and gas production in 2024 with $2 billion upstream investment

World Oil


(WO) – On Feb. 21, APA Corp. released its 2023 financial results and 2024 operational outlook. In the report, APA forecasted strong U.S. oil growth in 2024, approximately 8% year-over-year and more than 10% from fourth-quarter 2023 to …

Source: SM Energy

SM Energy reports 2023 results and 2024 operating plan

Oil and Gas 360


DENVERFeb. 21, 2024 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced certain fourth quarter and full year 2023 operating and financial results, year-end 2023 estimated net proved reserves and its

Source: Range Resources

Range announces fourth quarter 2023 results and 2024 guidance

Oil and Gas 360


Feb 21, 2024 at 4:15 PM EST

FORT WORTH, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its fourth quarter 2023 financial results and plans for 2024.

Full-Year 2023 Highlights

Source: Reuters

Eni smashes earnings estimates with record gas performance

Oil Price


Eni’s (NYSE: E) fourth-quarter and 2023 earnings exceeded consensus estimates as “record-breaking” performance in the gas and LNG division offset weaker oil and gas prices and refining margins.

The Italian energy major reported on Friday adjusted …

Source: Reuters

Oxy beats expectations with robust Q4 results

Oil Price


Occidental Petroleum reported its strongest quarterly financial results in three years for the final three months of 2023, beating analyst expectations.

Net income attributable to shareholders came in at $1 billion for the period, which translated into $1.08 …

Comstock Resources, Inc. reports fourth quarter 2023 financial and operating results

Comstock Resources, Inc. reports fourth quarter 2023 financial and operating results

Oil and Gas 360


FRISCO, TX, Feb. 13, 2024 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2023.

Highlights of 2023‘s

Source: Reuters

Enbridge misses fourth-quarter profit estimates on lower Mainline tolls

Nasdaq


Pipeline operator Enbridge ENB.TO missed fourth-quarter profit estimates on Friday, hurt by lower tolls related to its Mainline crude pipeline system and a decrease in earnings from the company’s gas segment.

Enbridge reached a toll agreement for Mainline with …

Source: Reuters

ConocoPhillips beats profit forecast as production hits record high

Oil Price


ConocoPhillips (NYSE: COP) reported on Thursday consensus-beating earnings for the fourth quarter of 2023, driven by record oil and gas production.

The U.S. oil and gas company booked fourth-quarter 2023 adjusted earnings of $2.9 billion, or …

Source: Reuters

Duke Energy misses Q4 profit estimates on higher interest costs, raises capex

Yahoo Finance


Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to renewable energy.

The U.S. Federal Reserve’s interest-rate hikes to tame inflation …

Range announces fourth quarter production and pricing

Range announces fourth quarter production and pricing

Oil and Gas 360


FORT WORTH, Texas, Feb. 06, 2024 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced fourth quarter 2023 expectations for production and pricing with fourth quarter production averaging approximately 2,207 Mmcfe per day. In addition, …

PEDEVCO announces approval of D-J Basin development plan for Roth 2-11 wells and operations update

PEDEVCO announces approval of D-J Basin development plan for Roth 2-11 wells and operations update

Oil and Gas 360


HOUSTON, TX / ACCESSWIRE / February 5, 2024 / PEDEVCO Corp. (NYSE American:PED) (“PEDEVCO” or the “Company”), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today …

BP boosts share buybacks as earnings exceed estimates

BP boosts share buybacks as earnings exceed estimates

Oil Price


BP (NYSE: BP) is accelerating share buybacks as it looks to return more cash to shareholders after posting Q4 and full-year 2023 earnings above expectations.

BP reported on Tuesday an underlying replacement cost profit – the …

Source: Reuters

Exxon beats profit forecasts with strong Q4 earnings

Oil Price


ExxonMobil (NYSE: XOM) posted higher-than-expected earnings for the fourth quarter, while its full-year profit was the second-highest in a decade, as the U.S. supermajor boosted its Guyana and Permian production and achieved record annual refinery throughput.…

Source: SM Energy

SM Energy reports production beat on lower capital costs and schedules year-end 2023 earnings release and call

Oil and Gas 360


DENVERFeb. 1, 2024 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced certain estimated 2023 results, including production, pricing, capital expenditures, return of capital and certain financial metrics. Highlights include:

  • Production exceeded
Source: Reuters

Hess reports estimated results for the fourth quarter of 2023

Oil and Gas 360


Key Development:

  • Commenced production from the Payara development at the Stabroek Block, offshore Guyana, in November; Payara reached its initial production capacity of approximately 220,000 gross barrels of oil per day (bopd) in January 2024

Fourth …

Source: Ring Energy

Ring Energy announces production results and continued debt reduction for fourth quarter 2023 and partial guidance for the first quarter 2024

Oil and Gas 360


 Record Q4 2023 Sales Volumes Near High End of Guidance ~

~ Further Reduced Debt in Addition to Making Final Payment for the Founders Acquisition ~

THE WOODLANDS, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) — Ring …

Battalion Oil Corporation announces operations and financial update

Battalion Oil Corporation announces operations and financial update

Oil and Gas 360


Houston, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced certain financial and operating updates.

Key Highlights

  • Acid gas injection (“AGI”) well is projected to be
Source: Reuters

Valero Energy reports 2023 fourth quarter and full year results

Oil and Gas 360


January 25, 2024
  • Reported net income attributable to Valero stockholders of $1.2 billion, or $3.55 per share, for the fourth quarter and $8.8 billion, or $24.92 per share, for the year
  • Reported adjusted net income attributable
Source: Liberty Energy

Liberty Energy Inc. announces fourth quarter and full year 2023 financial and operational results and increase in existing share repurchase authorization to $750 million

Oil and Gas 360


January 24, 2024

DENVER–(BUSINESS WIRE)– Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today full year and fourth quarter 2023 financial and operational results.

Summary Results and Highlights

  • Revenue of $4.7 billion for the
Source: Reuters

Tullow Oil on track to deliver $600 million free cash flow over next 2 years

Nasdaq


West Africa-focused Tullow Oil TLW.L said on Wednesday it was on track to deliver about $600 million free cash flow over the next two years to achieve its stated target of $800 million from 2023 to 2025, sending its …

Source: Reuters

Halliburton announces fourth quarter 2023 results and increases dividend

Oil and Gas 360


  • Net income of $0.74 per diluted share.
  • Adjusted net income per diluted shareof $0.86, excluding losses in Argentina primarily due to currency devaluation.
  • Revenue of $5.7 billion and operating margin of 18%.
  • Cash flow
Source: Reuters

Oilfield services giant SLB tops profit estimates amid overseas business strength

Investing


Investing.com — Oilfield services giant SLB (NYSE:SLB) has reported fourth-quarter profit that topped analyst estimates and bumped up its dividend.

Houston-based SLB posted a 21% jump in net income attributable to shareholders, excluding charges and credits, to …