CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista…
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DENVER, May 05, 2021 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the …
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STRONG FREE CASH FLOW GENERATION
FUNDS INCREASED DEVELOPMENT AND EXPLORATION PROGRAM,
DEBT REDUCTION AND BALANCE SHEET STRENGTHENING,
AND CASH DIVIDENDS TO SHAREHOLDERS
Bogota, Colombia – May 5, 2021 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: …
FOR IMMEDIATE DISTRIBUTION
GEOPARK ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.0205 PER SHARE
Bogota, Colombia – May 5, 2021 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator …
Generates $31.8 Million of Free Cash Flow Earthstone Energy, Inc. (NYSE: ES…
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Patterson-UTI Energy Reports Financial Results for the Three Months Ended March 31, 2021 …
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BOGOTA – Colombia’s majority state-run oil company, Ecopetrol, will make up to $15 billion of organic investment between 2021 and 2023, it said on Tuesday, as it reported an 87.3% drop in 2020 net profit.
The company will invest …
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 …
Morgan Stanley on Wednesday posted fourth-quarter profit and revenue that exceeded analysts’ expectations on strong trading, investment banking and wealth management results.
The firm reported a 51% increase in profit to $3.39 billion, or $1.81 per share. When excluding …
Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings in 2021 and raised its annual dividend, saying it expects to see volume on its Liquids Mainline System improve next year.
A coronavirus-led plunge in demand for crude …
Earnings hopes wilt as fresh Covid outbreak throws 2021 reopening in doubt. That’s the story of earnings season so far.
It’s the one word investors didn’t want to hear: lockdown. Never mind it’s mostly in Europe, and only partial.
LONDON – Top U.S. and European oil and gas companies are forecast to swing into a second quarter loss after coronavirus lockdowns destroyed fuel demand, hit prices and squeezed margins, analysts said and Refinitiv Eikon data showed.
The expected
Deutsche Bank is expecting to announce quarterly earnings “slightly above” consensus on Wednesday, but the guidance raises questions about the investment bank (IB) market share, according to Barclays analysts.
Consensus estimates compiled by the bank pointed to a net
The worst earnings season in years is about to begin, and it’s possible the stock market could shrug off the sharp profit decline, as long as companies see some signs of a recovery ahead.
Earnings are expected to fall …
NEW YORK – U.S. companies are preparing to open their books on a quarter that is set to show the biggest earnings fall since the financial crisis, leaving investors looking for light at the end of the tunnel.
The …
ST. JOHN’S, Newfoundland and Labrador, May 06, 2020 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its first quarter …
LONDON/HOUSTON – Investors already braced for poor first-quarter earnings from major oil and gas companies next week will focus on how executives plan to save cash and whether they will cut dividends following the collapse in oil prices.
The …
JPMorgan Chase kicks off earnings season on Tuesday. The bad news: Short-term guidance will be very ugly.
But there’s some good news:
CenterPoint Energy reported that a growing number of new customers, favorable weather and better cost management helped the company more than double its earnings last year.
“I am very pleased with our 2019 results,” said John W. Somerhalder …
Houston refining and pipeline company Phillips 66 on Friday reported a $689 million fourth-quarter profit, 51 percent less than the same period in 2018.
The fourth quarter performance resulted in Phillips 66 closing 2019 with a nearly $3.7 …
Exxon Mobil’s fourth-quarter profit declined by 5 percent, capping a year in which earnings plunged by more than 30 percent.
The company’s $5.7 billion profit in the fourth quarter lagged the previous year on weaker sales and pricing …
Achieved 172% Organic Reserve Replacement
Signed Memorandum of Understanding for King’s Quay Floating Production System
Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December
Oil giant Royal Dutch Shell reported a sharp fall in full-year net profit on Thursday, citing challenging macroeconomic conditions and lower oil and gas prices.
Net income attributable to shareholders on a current cost of supplies (CCS) basis and …
HOUSTON – Independent U.S. refiner Valero Energy Corp plans for its 15 refineries to operate up to 91% of their combined capacity of 3.13 million barrels per day (bpd), said Homer Bhullar, vice president of investor relations, in a …
Reuters
HOUSTON – At Exxon Mobil Corp (XOM.N), CEO Darren Woods’ plan to revive earnings at the largest U.S. oil and gas company is being sidetracked by the two businesses he knows best: chemicals and refining.
Another year …
