buybacks

ConocoPhillips forecasts smaller-than-expected loss, to resume buybacks

September 30, 2020

Reuters ConocoPhillips COP.N on Wednesday forecast a smaller-than-expected quarterly adjusted loss and said it would resume buying back its shares after a historic collapse in crude prices forced the U.S. oil and gas producer to halt the program in April. Oil companies were forced to slash dividends, halt buybacks and curtail production earlier this year as the COIVD-19 crisis hammered energy demand,

Cash-Rich Canadian Oil Firms Favor Buybacks as Other Options Narrow

May 14, 2019

From Reuters Canadian oil producers are raking in the highest revenues in five years thanks to strong global oil prices and Alberta’s production cuts, but government intervention has hamstrung their spending abilities, encouraging many to buy back shares and pay down debt. Canada’s main crude-producing province effectively became a mini-OPEC this year after the Alberta government imposed production quotas to

Vermilion Production up 19% to 96 MBOEPD

October 26, 2018

Vermilion Energy (ticker: VET) held its Q3 conference call this week, elaborating on its temporary withdrawal from the Netherlands, share buybacks, basin potentials and budget assumptions. Fund flows from operations (“FFO”) for Q3 2018 were $261 million ($1.71/basic share), an increase of 34% from the prior quarter (18% on a per share basis) driven by higher production volumes and higher commodity

Analysts have been publicly claiming that a drop in the value of the U.S. dollar is coming. Of course, this has implications for oil - Oil & Gas 360

Did Billions in Oil-Company Buybacks Swirl Down the Drain? Yes, Citi Says

October 5, 2018

From Bloomberg Study of oil explorers finds price, product mix drive stocks Shareholder returns show little correlation to share prices U.S. oil drillers started the year ushering in a new era of shareholder returns with promises of billions of dollars in share buybacks. To that they added debt repurchases, then shoveled money into drilling budgets as they raced to sink more wells. None

ConocoPhillips forecasts smaller-than-expected loss, to resume buybacks

Cash-Rich Canadian Oil Firms Favor Buybacks as Other Options Narrow

Vermilion Production up 19% to 96 MBOEPD

Did Billions in Oil-Company Buybacks Swirl Down the Drain? Yes, Citi Says

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