(Bloomberg) — The global oil industry is on pace to repeat or even surpass the heady days of 2008 when crude ascended to dizzying heights and drilling profits soared, according to the world’s biggest oilfield contractor.
In the …
LONDON – Shell again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled by higher oil and gas prices and strong gas trading performance.
The strong results cap …
(Bloomberg) — Exxon Mobil Corp. will accelerate the pace of a $10 billion share buyback after posting the biggest profit in almost eight years amid a broad rally in energy prices.
Net income adjusted for one-time items was …
HOUSTON -Exxon Mobil Corp on Tuesday reported a fourth-quarter profit of $8.87 billion, its largest in seven years, as the top U.S. oil producer benefited from strong energy prices.
The company slashed spending after fuel demand cratered two …
Feb 1 – Canada’s Imperial Oil Ltd IMO.TO on Tuesday posted a quarterly profit that narrowly missed estimates, as extreme cold weather hit the company’s production.
Oil sands mining, which accounts for the bulk of Canada’s crude output, …
LONDON (Reuters) – Past changes in oil prices are closely associated with U.S. consumers’ and investors’ expectations for overall inflation in future, which helps explain why they are sensitive for central banks and other policymakers.
In the last three …
Oilfield firm Baker Hughes Co reported quarterly profit that fell short of analyst expectations on Wednesday, in part due to global supply chain issues, sending its shares down sharply in early trading.
Oil service firms are expected to be …
Calgary, Alberta and Houston, Texas–(Newsfile Corp. – October 13, 2021) – PetroTal Corp. (TSX…
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US oil and gas producer EOG Resources Inc (EOG.N) surpassed analysts’ first-quarter profit forecast and announced a special dividend of $ 1 per share on Thursday due to the launch of COVID-19 vaccines and increased travel demand driving crude …
Editor’s Note: Range Resources gave the keynote lunch address at EnerCom Dallas – The Energy Investment & ESG Conference earlier this month. Dennis Degner, Sr. Vice President, Chief Operating Officer for Range discussed the company’s ESG …
TC Energy Corp reported a 13.4% rise in fourth-quarter comparable profit on Thursday, partly helped by lower operating costs for its U.S. natural gas pipelines.
The company behind the Keystone XL oil pipeline, work on which was halted after …
More than $185 million in Free Cash Flow 1 Expected in 2021 Noble…
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Schlumberger NV on Friday joined rivals in predicting a steady recovery in the oil industry this year after the world’s top oilfield services provider’s fourth-quarter results beat estimates, aided partly by growing demand for drilling.
Easing of COVID-19 related …
Oilfield equipment and services provider Baker Hughes Co on Thursday joined larger rival Halliburton Co in saying the energy industry’s worst downturn in decades would turn a corner this year.
Oil and gas producers have been forced to cut …
Schedules Second Quarter 2020 Earnings Release Date and Conference Call Montage Resour…
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HOUSTON, May 11, 2020 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today reported results of operations for the three months ended March 31, 2020.
Presentation slides accompanying this earnings release are available on the Company’s …
Power Solutions International Announces Fourth Quarter and Full Year 2019 Financial Results and the Filing of its Form 10-K
…NRG Energy, Inc. Changes to Virtual Meeting Format for 2020 Annual Meeting of Stockholders
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At its annual Security Analyst Meeting today, Chevron Corporation (NYSE: CVX) announced expectations to deliver leading shareholder returns through disciplined capital spending, improved cost efficiency, and continued cash flow growth over the next five years.
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Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today announced unaudited preliminary revenue for the year ended December 31, 2019, was $19.0 million, up 4% from the prior year. …
Houston oilfield service company Halliburton plans to pay down its long-term debt by issuing $1 billion in lower-interest notes.
Halliburton on Wednesday said it plans to issue a type of debt known as senior notes. Due in March …
Shell Midstream Partners, L.P. (NYSE: SHLX) reported net income attributable to the Partnership of $140 million for the fourth quarter of 2019, which equated to $0.37 per common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, …
HOUSTON, Feb. 19, 2020 (GLOBE NEWSWIRE) — Hi-Crush Inc. (NYSE: HCR) (the “Company”), a fully-integrated provider of proppant logistics solutions, today reported fourth quarter and full year 2019 results. Revenues during the fourth quarter of 2019 totaled $125.5 million compared …
DENVER, Feb. 19, 2020 /PRNewswire/ —
Enbridge Files 2019 Year End Disclosure Documents
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Houston exploration and production company Marathon Oil has cut its drilling budget by about 10 percent amid an ongoing shale slump that caused revenue and profits to decline in 2019.
In a Wednesday afternoon statement, Marathon said the …
Precision Drilling Corporation Announces 2019 Fourth Quarter and Year End Unaudited Financial Results
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