Post Tagged with: "net income"

Source: Comstock Resources

Ronald Mills Appointed VP of Finance and Investor Relations at Comstock Resources

By Tyler Losier, Energy Reporter, Oil & Gas 360

Comstock Resources appoints Johnson & Rice alum Ronald Mills as its new VP of finance and investor relations
Comstock Resources Inc. (stock ticker: CRK), an independent E&P based out of Frisco,

Source: Magellan Midstream

Magellan Midstream Prices $500 Million Debt Offering Due 2050

By Tyler Losier, Energy Reporter, Oil & Gas 360

Magellan Midstream prices $500 million of its 3.950% senior notes due 2050
Magellan Midstream Partners LP (stock ticker: MMP), based out of Tulsa, Oklahoma, has priced $500 million of its 3.950%

Marathon Oil Profit Jumps 50% on Higher U.S. Shale Production

Marathon Oil Profit Jumps 50% on Higher U.S. Shale Production

From Reuters


Marathon Oil Corp (MRO.N) reported a 50% jump in quarterly adjusted profit on Wednesday, as higher U.S. shale output countered lower realized crude prices and production costs fell.

The company, like many other U.S. oil producers, is extracting …

Source: PRNewsfoto/Contura Energy

Contura Energy Appoints New CEO and Board Member

By Tyler Losier, Energy Reporter, Oil & Gas 360

Contura Energy selects David J. Stetson as its new CEO and as a member of its board of directors
Contura Energy (stock ticker: CTRA), a Tennessee-based coal supplier, has unanimously elected

Harvest Oil & Gas Divests Barnett Shale

Harvest Oil & Gas Divests Barnett Shale

By Tyler Losier, Energy Reporter, Oil & Gas 360

Harvest Oil & Gas sells Barnett shale assets for $72 million
Harvest Oil & Gas Corporation (stock ticker: HRST), formerly EV Energy Partners L.P., has entered into a definitive agreement with

BP Profit Again Outstrips Forecasts, Lifted by Higher Oil Output

BP Profit Again Outstrips Forecasts, Lifted by Higher Oil Output

From Reuters


A strong rise in oil and gas production helped BP (BP.L) offset weaker crude prices and refining profit to again beat profit expectations on Tuesday, boosting its shares.

BP’s second quarter contrasts with Total (TOTF.PA) and …

Shell Accelerates Share Buybacks as Profits Soar

Shell Accelerates Share Buybacks as Profits Soar

From Reuters

 

LONDON (Reuters) – Royal Dutch Shell’s profits soared to a four-year high in the third quarter, boosted by rising oil and gas prices as the company accelerated its giant $25 billion share buyback program.

Although the $5.6 …

November 1, 2018 - 12:43 pm Closing Bell Story‎, Finance
Courtesy of Liberty Oilfield Services Inc.

Liberty Oilfield Services Grows Frac Fleet

Liberty Oilfield Services Inc. (ticker: LBRT) reported a net income of $54 million in Q1 2018 and the company deployed its frac fleets 20 and 21, under dedicated arrangements with existing customers in the quarter.

For the first quarter of …

Enterprise Rings in Q1 with $912 Million

Enterprise Rings in Q1 with $912 Million

Enterprise Products Partners L.P. (ticker: EPD) recorded the first quarter of 2018 with a net income of $912 million, or $0.41 per share. Last year, in Q1 2017, the company reported a net income of $761 million, or $0.36 per …

Eclipse Resources Plans 33 Super Laterals for 2018

Eclipse Resources Plans 33 Super Laterals for 2018

Eclipse Resources Corporation (ticker: ECR) had a net income for 2017 of $8.5 million, or $0.03 per share. For reference, the company had a net loss of $206.7 million, or $(0.86) per share for 2016.

The fourth quarter of 2017 …

Unit Corp. Reports Profitable Quarter, Sequential Production Increase in Q3

Unit Corp. Reports Profitable Quarter, Sequential Production Increase in Q3

Borrowing base stays at $475 million

Unit Corporation (NYSE: UNT) reported Q3 today; highlights include:

  • Net income of $3.7 million and adjusted net income of $5.3 million.
  • Oil and natural gas segment production increased 5% over the second quarter of
Dominion Midstream Partners Announces First-Quarter 2016 Earnings

Dominion Midstream Partners Announces First-Quarter 2016 Earnings

Dominion Midstream Partners, LP (NYSE: DM) reported unaudited net income attributable to the partnership of $23.1 million, or $0.29 per common limited partner unit for the three months ended March 31, 2016.  Adjusted earnings before interest, income taxes, depreciation and …

May 4, 2016 - 4:00 pm Closing Bell Story‎, Earnings, Energy News, MLPs