News Topics: Earnings Reports
Results39 articles shown
Schlumberger Sees 2% Fourth-Quarter Profit Hit From Iraq shutdown
Tuesday, December 03, 2013 Schlumberger expects the temporary shutdown of its operations in southern Iraq last month in a "security incident" to reduce 4Q profits about 2%.
Lukoil Blames Higher Taxes, Costs As 3Q Net Profit Falls 12%
Tuesday, November 26, 2013 Lukoil announces a 12% drop in third-quarter net profit compared to a year earlier, blaming higher taxes and expenses.
Petrofac on Course for Modest Profit Growth in 2013
Monday, November 18, 2013 A good operational performance during the first 10 months of the year means oilfield services firm Petrofac is set for modest profit growth in 2013.
High Offshore Activity Keeps Subsea 7 'On Track'
Monday, November 18, 2013 Subsea 7 reports third quarter results that show it is on track to deliver profit in line with expectations.
Hungary's MOL Posts 3Q Net Loss but EBITDA Up from Prior Quarter
Friday, November 15, 2013 MOL posts 3Q 2013 loss amid lower hydrocarbon prices and shrinking production.
India's ONGC 2Q Net Profit Nearly Flat At $953M
Wednesday, November 13, 2013 Quarterly profits at Indian explorer ONGC are nearly flat due to exploration write offs and a greater subsidy burden.
Petronas' 3Q 2013 Net Profit Rises More Than 19% to $5.37B
Tuesday, November 12, 2013 Petronas' net profit rises 19.5 percent in the July-September quarter to $5.37 billion, compared to $4.49 billion in the same period last year.
Transocean Posts Surprise Profit Rise
Thursday, November 07, 2013 Transocean Ltd, owner of the world's largest offshore drilling fleet, reports a larger-than-expected third-quarter profit due to increased demand for its rigs and higher rates, sending its shares up 2 percent.
TAQA: Major Projects on Schedule
Thursday, November 07, 2013 TAQA reports that its major projects are currently on schedule, including the Atrush oil and gas field in Kurdistan that is due to be completed in 2015.
Apache Quarterly Profit Up, Oil Output Grows
Thursday, November 07, 2013 Apache reports higher-than-expected quarterly profit, helped by increased crude prices and record oil production from its wells in the Permian Basin in West Texas.
Devon Profit Beats Street On Jump In Permian Production
Wednesday, November 06, 2013 Devon Energy posts a higher-than-expected 3Q profit following a jump in its Permian Basin production.
Chesapeake Energy Posts Profit; Spending Seen Lower
Wednesday, November 06, 2013 Chesapeake reports a 3Q profit, but its shares fell after the company said it expects oil production in Q4 to drop.
Canada's Talisman Energy Posts Smaller Quarterly Loss
Wednesday, November 06, 2013 Canada's Talisman Energy reports a smaller quarterly net loss amid lower North American gas prices and hedging losses.
Aker Solutions Shares Soar on New Orders, High Tendering
Wednesday, November 06, 2013 Aker Solutions reports unexpected rise in new orders and predicts robust tendering ahead.
Novatek Sees Revenue Growth amid Greater 3Q Production
Wednesday, November 06, 2013 Russian gas producer Novatek reports a 17-percent increase in 3Q profit to $726 million.
Sembcorp Marine's Rig Sector Posts Revenue of $918M in 3Q 2013
Wednesday, November 06, 2013 Sembcorp Marine's rig building revenue increases $574 million to $918 million in the third quarter of 2013 compared to $344 million in the previous year.
Lundin Petroleum Trims Production Forecast on Brynhild Field Delay
Wednesday, November 06, 2013 Lundin lowers full-year production guidance because of a delay at one of its fields.
New Wells Help Oasis Petroleum Profit Beat Street
Wednesday, November 06, 2013 Oasis Petroleum, which drills for oil in North Dakota's Bakken shale field, posts a better-than-expected quarterly profit, helped largely by new wells and a rise in production.
Argentina's YPF Posts 87% Higher 3Q Net Profit
Tuesday, November 05, 2013 YPF reports a third-quarter net profit of $244 million, marking an 87% rise versus the same 2012 period thanks to higher natural gas and gasoline prices.
Singapore's Sembcorp Marine 3Q Net Profit Rises 12.3%
Tuesday, November 05, 2013 Rig builder Sembcorp Marine sees increases in its net profit and order book.
Dana Gas Third-Quarter Net Profit Dips
Monday, November 04, 2013 UAE firm Dana Gas sees net profit dip amid delayed payments to its operations in Kurdistan and Egypt.
Anadarko Quarterly Profit Up, Output Rises
Monday, November 04, 2013 Anadarko says its quarterly profit rose as it produced record volumes of oil and natural gas from some of its wells onshore North America.
Det Norske Loss Bigger than Expected, Sverdrup on Track
Friday, November 01, 2013 Det norske reports 3Q loss but says the giant Johan Sverdrup field is on schedule with a concept decision due by end of 2013.
Chevron Earnings Hurt by Refining; Well Output Rises
Friday, November 01, 2013 Chevron reports a surprise decline in quarterly profit, hurt by weakness in the oil refining business, while production from wells increased for but remained below target.
Total Profit Falls as European Refining Hurts
Thursday, October 31, 2013 French major Total reports a 19-percent drop in 3Q profits due to lower refining margins and higher exploration costs.
ExxonMobil's Output Rises But Refining Weakness Hits Profit
Thursday, October 31, 2013 ExxonMobil reports higher-than-expected quarterly results as output rises for the first time in more than two years.
Statoil Lifts Exploration Target as Earnings, Output Up
Wednesday, October 30, 2013 Statoil focused on profits over volumes while beating forecasts for both earnings and output in the third quarter.
ROC Oil's Revenue Rises to $67.9M for 3Q 2013, Up 20% Over 2Q 2013
Wednesday, October 30, 2013 ROC Oil's revenue rises 20 percent to $67.9 million for 3Q 2013, compared to $56.8 million for the previous quarter.
BP Ups Asset Sales, Dividend as Big Oil 3Q Kicks Off
Tuesday, October 29, 2013 BP kicks off the quarterly results season for top global oil firms with some good news for the sector's beleaguered investors.
Norway's Fred. Olsen 3Q Misses Forecasts, Backlog Shrinks
Tuesday, October 29, 2013 Norwegian oil rig firm Fred. Olsen Energy reports third-quarter earnings short of expectations and said its order backlog declined.
National Oilwell's Profit Beats Estimates as Margins Recover
Friday, October 25, 2013 National Oilwell Varco posts a higher-than-expected quarterly profit as margins in its rig technology business, its largest, rose for the first time this year.
Ensco Profit Rises on Increased Offshore Drilling Rates
Thursday, October 24, 2013 Offshore drilling contractor Ensco Plc reports a larger-than-expected rise in quarterly profit as rig rates increased, even as utilization of its most-valuable drillers declined from the year before.
Diamond Profit Beats Estimates, but Rig Delays Weigh on Shares
Thursday, October 24, 2013 Diamond Offshore Drilling posts a higher-than-expected quarterly profit, but delays in getting rigs out of the shipyard weighed on its prospects for 2014, and its stock fell 3 percent.
EOC Posts 42% Decline in Revenue to $12.33M for FY 4Q 2013
Thursday, October 24, 2013 Ezra Holdings' unit EOC posts a 42 percent decline in revenue to $12.33 million for the fourth quarter of financial year ending Aug. 31.
Cameron Sees Record Revenues for 3Q 2013 Earnings
Thursday, October 24, 2013 Cameron reports earnings per share for the third quarter of 2013 of $0.81, excluding charges.
Halliburton Tops Estimates on Foreign Oilfield Strength
Monday, October 21, 2013 Buoyant oilfield activity in Russia, Saudi Arabia and Angola helped Halliburton narrowly beat expectations with a 17 percent rise in third-quarter profit, but its shares slipped since its main competitors did even better.
Keppel's Offshore & Marine 3Q 2013 Net Profit Down 11% to $173M
Friday, October 18, 2013 Keppel Corporation reports an 11 percent decline in net profit from its offshore and marine segment in the third quarter to $173.4 million amid lower revenue.
Woodside's 3Q 2013 Production Falls 17.4% from Previous Year
Thursday, October 17, 2013 Woodside Petroleum reports a 17.4 percent fall in third quarter production to 21.9 million barrels of oil equivalent compared to the previous year.
Portugal Galp's 3Q Net Oil Output, Refining Volumes Rise
Monday, October 14, 2013 Galp Energia sees its crude output jump 12.5 percent during the third quarter.