Post Tagged with: "quarterly loss"

Source: Reuters

TC Energy posts C$1 billion quarterly loss on Keystone XL suspension

Reuters


Canadian pipeline operator TC Energy on Friday swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charges related to the suspension of its Keystone XL pipeline project.

The pipeline was planned to carry …

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 …