Earnings Archives -

SLB reports international growth as offshore activity offsets Middle East disruptions

July 24, 2026

(Oil & Gas 360) – Publisher’s Note: SLB will be a panel presenter and will host one-on-one meetings at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-19, 2026. Register to attend. (World Oil) – SLB reported higher second-quarter revenue as broad-based international growth, led by offshore activity, more than offset continued disruptions across the Middle East. Second-quarter revenue increased 5% year over year

Equinor profit soars 93% as oil and gas price spike fuels windfall

July 22, 2026

(Oil Price) – Equinor (EQNR:NYSE) saw a 93% jump in its second-quarter profit from a year earlier as oil and gas prices soared during the Middle East crisis and delivered windfall earnings to the biggest energy firms. The Norwegian major on Wednesday reported an adjusted operating income after tax of $3.225 billion for the second quarter, up by 93% from the $1.670

Halliburton posts stronger Q2 on North America recovery

July 21, 2026

(World Oil) – Halliburton reported second-quarter 2026 revenue of $5.7 billion, up from $5.4 billion in the first quarter, as stronger North American stimulation and well construction activity helped drive sequential growth. Net income totaled $534 million, or $0.64 per diluted share, while operating income increased to $778 million. Chairman, President and CEO Jeff Miller said the company expects continued momentum in both international and

TotalEnergies sees stronger Q2 profit as refining and oil trading surge

July 16, 2026

(Oil Price) – TotalEnergies expects higher cash flows from its oil production and strong refining margins and oil trading results to boost second-quarter profits compared to the prior quarter, as oil prices rose and fuel markets tightened in the wake of the Iran war. “Downstream results and cash flow are expected to increase sharply compared to the first quarter of 2026,

A look at valuation dashboards: Unlock Oil & Gas 360® Premium- FREE in April- oil and gas 360

Valuation dashboards: Unlock Oil & Gas 360® Premium- FREE for a couple more days!

April 29, 2026

(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster decision-making. Here’s a quick walkthrough of how to make the most of your Premium access: 1.

Phillips 66 beats Q1 estimates by $0.88 per share as refining margins surge

April 29, 2026

(Oil Price) – In an earnings season highlighted by a Middle East conflict that has sent oil prices soaring, Texas oil refiner Phillips 66 (NYSE:PSX) has reported first quarter adjusted earnings of $0.49 per share, easily beating Wall Street’s consensus of a loss of $0.39 while net income came in at $207 million thanks to higher refining margins amid the big oil price rally. The

BP profit beats expectations at $3.2 billion, driven by Middle East trading boon

April 28, 2026

(BOE Report) – BP on Tuesday posted a first-quarter underlying replacement cost profit, its version of net income, of $3.2 billion, compared with expectations of $2.67 billion in a company-provided poll of analysts and $1.38 billion a year ago. BP’s customers and products business, including its oil trading desk which BP had already flagged as having an exceptionally strong

A look at valuation dashboards: Unlock Oil & Gas 360® Premium- FREE in April

April 27, 2026

BP shares up 20% since Iran war, leading all supermajors

April 27, 2026

(Oil Price) – The Iran war and the loss of oil and gas supply from the Middle East have upended the stock performance of the biggest international majors. BP, the laggard of the past six years, has moved ahead of all others, while the top performer since 2020, ExxonMobil, has seen the worst stock showing among Big Oil since the war

Baker Hughes Q1 revenue beats estimates by $260 million as LNG orders surge

April 24, 2026

(Oil Price) – Giant oilfield services company, Baker Hughes (NYSE:BKR), has reported robust first quarter results, with Q1 2026 revenue of $6.59B (+2.5% Y/Y) beating by $260 million; Q1 non-GAAP EPS of $0.58 beat by $0.09 while adjusted net income of $573 million was good for 12% Y/Y increase. The growth was mainly driven by the Industrial & Energy Technology (IET) segment, where orders surged

Halliburton weathers Iran disruption, sees early North America rebound

April 21, 2026

(World Oil) – Halliburton signaled early signs of a North America recovery while maintaining international growth momentum, even as geopolitical disruptions weighed on Middle East activity in first-quarter 2026. The oilfield services provider reported revenue of $5.4 billion for the quarter, with net income of $461 million. While overall revenue remained flat year-over-year, the company pointed to improving fundamentals in key

TotalEnergies sees Q1 profit surge on high prices, strong trading

April 16, 2026

(Oil Price) – Higher oil and gas prices and volatile energy commodity markets are set to more than offset production losses from the Middle East at French supermajor TotalEnergies, which expects significantly higher upstream and LNG trading profits. In the early days of the war, TotalEnergies warned that the conflict had effectively shut in 15% of its global oil and gas output, while

Premium Content