Post Tagged with: "quarterly loss"

Source: Reuters

Baker Hughes posts second quarterly loss as oil slump slams demand

Reuters


Baker Hughes Co (BKR.N) posted its second consecutive quarterly loss on Wednesday and said it would continue reining in costs to prepare for a longer period of oil price volatility.

 

Oil producers stopped drilling new wells …

Source: Reuters

Exxon signals second quarterly loss in a row on production, refining hits

Reuters


HOUSTON – Exxon Mobil Corp’s (XOM.N) oil and gas producing and refining businesses will report operating losses in the second quarter, it said in a regulatory filing on Thursday, setting the stage for the company to post …