News Topics: Earnings Reports
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Eni Makes 'Significant' Gas, Condensate Find in Gabon
Thursday, July 31, 2014 Italy's Eni makes a discovery that could amount to up to 500 million barrels of oil equivalent offshore Gabon.
Exxon Profit Surges, But Production Slips
Thursday, July 31, 2014 ExxonMobil's net income rose 28% in 2Q on a sale of Asian assets and higher oil prices, while oil and gas production slipped 6%.
ConocoPhillips Profit Slightly Higher; Output Rises
Thursday, July 31, 2014 ConocoPhillips reported a quarterly profit that just beat Wall Street expectations, helped by a bigger-than-expected increase in oil and gas production.
BG Group Profits Rise but Egypt Woes Weigh
Thursday, July 31, 2014 BG Group beats forecasts with a rise in second-quarter profits.
Centrica 1H Profits Fall 35% On Weather Woes
Thursday, July 31, 2014 Centrica posts a 35% fall in operating profit for the first half of the year.
Shell Quarterly Profit Beats Forecasts Despite Impairments
Thursday, July 31, 2014 Shell reports a 33% increase in quarterly earnings, beating analyst forecasts.
Whiting Petroleum Profit Beats As Bakken Production Surges
Wednesday, July 30, 2014 Whiting Petroleum posts a better-than-expected quarterly profit as oil and natural gas production jumped across the company's wells in North Dakota and Colorado's shale formations.
Tullow Sinks into Red but Confident Africa Strategy Will Pay Off
Wednesday, July 30, 2014 Tullow drifts into the red after writing off more than $400 million in exploration costs.
Cenovus' Profit Triples as Oil Sands Production Jumps
Wednesday, July 30, 2014 Canada's number two independent oil producer, Cenovus, sees second-quarter profit more than treble.
BP Profit Jumps But Warns Of Russia Sanctions Impact
Tuesday, July 29, 2014 BP reports a sharp rise in second-quarter profits but warns that further sanctions on Russia could harm its business there.
Anadarko Profit Drops Less Than Expected On US Shale Output
Tuesday, July 29, 2014 Anadarko's 2Q profit fell less than expected as oil and natural gas production jumped in the Marcellus and Wattenburg shale regions, as well as Algeria.
Talisman Steers Clear Of Repsol Comment, Posts 2Q Loss
Tuesday, July 29, 2014 Talisman Energy reported a surprise loss, hurt by lower gas prices in North America and higher royalty payments on production.
Portugal Galp Profit Falls Less than Expected
Monday, July 28, 2014 Portugal's Galp Energia posts a smaller-than-expected fall in second-quarter net profit after a drop in its refining margins.
Keppel O&M's Second Quarter Net Profit Rises 14% to $216M
Friday, July 25, 2014 Keppel Offshore & Marine's second quarter net profit increases 14 percent from last year to $216 million as revenue rises 13 percent to $1.64 billion.
Mexico's Pemex 2nd-Qtr Losses Widen to 52.2B Pesos
Friday, July 25, 2014 State-owned oil company Pemex reported a wider second quarter loss hurt by higher sales costs, declining asset values and higher taxes, the company said on Friday.
Rosneft Lines Up Anti-Sanctions Measures, Net Income Up
Friday, July 25, 2014 Russia's biggest oil producer Rosneft says it has been seeking ways to cope with the negative impact of international sanctions, as it reported higher net income Helped by a stronger rouble.
Thai PTTEP 2Q Net Profit Up 55%, Beats Forecast
Friday, July 25, 2014 PTTEP reports a 55 percent rise in second quarter net profit due to higher petroleum sales and firmer global oil prices.
Noble Energy's Profit Beats As Output From US Fields Rises
Thursday, July 24, 2014 Noble Energy reports better-than-expected profit for 2Q thanks to a rise in production from wells in the Marcellus shale and the Denver-Julesburg basin.
Serbian Oil Company NIS 1H Profits Fall
Thursday, July 24, 2014 Serbia's NIS reports a five-percent fall in first-half profit and will have to cut spending on projects in the second half.
Repsol Profit Tops Forecasts On Surprise Refining Strength
Thursday, July 24, 2014 Repsol beats quarterly profit forecasts as a surprise surge in refining margins helps cushion production declines due to shutdowns in Libya.
Encana Oil Production Rise Offsets Profit Fall On Weak Natgas
Thursday, July 24, 2014 Encana said oil and natural gas liquids production climbed 43% year-on-year in the second quarter of 2014.
Husky Energy Profit Rises As Production Increases
Thursday, July 24, 2014 Husky Energy reports a 4% increase in second-quarter earnings, helped by an 8% rise in production.
Halliburton Sees N. America Margin Growth On Rise In Drilling
Monday, July 21, 2014 Halliburton says it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump.
Reliance's Oil, Gas Business Revenue Rises 27.3% in June Quarter
Monday, July 21, 2014 Reliance posts a 27.3% gain in revenue for its oil and gas exploration and production business in the June quarter to $527.54 million.
PNG LNG Project Start-up Boost Santos' 2Q Revenue by 22% to $911M
Friday, July 18, 2014 Santos posts a 22 percent rise in second quarter revenue to $911 million, lifted by the start-up of Papua New Guinea liquefied natural gas project in April.
Woodside's Sales Revenue Reaches $1.69B in 2Q 2014, Up 24.8% YOY
Thursday, July 17, 2014 Woodside's sales revenue reaches $1.69 billion in the second quarter of 2014, up 24.8 percent over the previous year.
Norway's Aker Solutions Earnings, Orders Miss Forecasts
Thursday, July 17, 2014 Norwegian oilfield services firm Aker Solutions posts 2Q earnings and order backlog figures that fall short of expectations.
Schlumberger Second-Quarter Profit Falls 24%
Thursday, July 17, 2014 Schlumberger, the world's largest oilfield services company, reports a nearly 24% fall in quarterly profit.
Baker Hughes Says New Technology To Lift N. American Results
Thursday, July 17, 2014 Baker Hughes posts better-than-expected profit and expects strong growth in North America as oil and gas producers turn to its new technologies to reduce drilling time and cut costs.
Det Norske Sees 2Q Production Halve
Thursday, July 17, 2014 Det norske reports lower production for the second quarter but says that Marathon Oil Norge acquisition will make it one of Europe's largest independent companies.
Ezra Achieves Record Revenue of $1B in First 9 Months of FY 2014
Friday, July 11, 2014 Ezra achieves record revenue of $1 billion for the nine months that ended May 31, up 24 percent from the previous year.
Triyards' 9-Month Net Profit Increases 1% to $21.4M
Friday, July 11, 2014 Triyards Holdings posts a net profit of $21.4 million for the 9 months ending May 31, a marginal 1 percent rise from a year ago.
Novatek Reports 2Q Gas, Liquids Production Increase
Thursday, July 10, 2014 Novatek reports an increase in its production of gas and liquids during the second quarter.
Chevron Expects Second-Quarter Profit To Rise
Thursday, July 10, 2014 Chevron expects its second-quarter profit to rise, helped in part by asset sales and fewer one-time charges.
EOC's Net Profit Rises to $3.9M in 3Q FY14, Up 36% YOY
Wednesday, July 09, 2014 EOC's net profit rises 36 percent to $3.9 million in the third quarter that ended May 31, compared to last year's $2.9 million.
Norway's Det Norske Revises, Widens 1Q Operating Loss
Wednesday, July 09, 2014 Norwegian oil firm Det norske widens its first-quarter operating loss due to lower-than-expected output from the Jette field, offshore Norway.
UK North Sea Oil, Gas Companies' Profitability Near 5-Year Low
Wednesday, July 09, 2014 North Sea oil and gas firms make the lowest profits in nearly five years, data from the UK's Office for National Statistics shows.
Maersk To Take $1.7B Writedown On Brazil Oil Assets
Tuesday, July 08, 2014 Moller-Maersk says it will take an impairment charge of $1.7 billion on the book value of Maersk Oil's Brazilian assets.
Petrobras Says End of SBM Contracts Could Cut Profit $15B
Monday, July 07, 2014 Petrobras says profits could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with Holland's SBM Offshore.
Tullow Oil Books $415M Exploration Write-off after Poor Drilling
Wednesday, July 02, 2014 Tullow Oil reports a $415 million exploration write-off after disappointing results in Mauritania, Ethiopia and Norway.
Malaysia's SapuraKencana Posts Profit Jump Due to Acquisitions
Thursday, June 19, 2014 Oil and gas services firm SapuraKencana Petroleum sees profit quintuple thanks to contributions from its newly-acquired tender rig business and other recent acquisitions.