News Topics: Earnings Reports
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Eni Sticks to Production Guidance after 3Q Slowdown
Thursday, October 30, 2014 Italy's Eni reiterates its full-year production outlook as its third-quarter net profit increases 2.5 percent.
Conoco 3Q Profit Rise, 2015 Capex Seen Lower
Thursday, October 30, 2014 ConocoPhillips reports higher third-quarter profit from the sale of its Nigerian unit but lowered its fourth-quarter production outlook.
Thailand's PTTEP 3Q Net Profit Down 16% On Year
Thursday, October 30, 2014 Thailand's PTTEP says its third quarter net profit fell 16 percent, hit chiefly by rising expenses and lower prices of crude oil that dragged down its selling prices.
Oil Services Group Technip Eases Concerns Over Oil Sector Strife
Thursday, October 30, 2014 Technip reports greater-than-expected 3Q profit and revenue, easing concerns about oil sector strife.
Shell Appoints New Chairman, Reports Upbeat 3Q Results
Thursday, October 30, 2014 Royal Dutch Shell appoints a new chairman to its board and reports earnings six percent ahead of expectations.
Whiting Profit Beats Street As North Dakota Output Jumps
Wednesday, October 29, 2014 Whiting Petroleum posts a higher-than-expected quarterly profit as production rises 33% at its North Dakota wells.
France's Total Beats 3Q Profit Forecasts, CEO To Visit Oil Leaders
Wednesday, October 29, 2014 Total's new CEO Patrick Pouyanne will embark on a tour to meet crucial contacts at oil-rich countries as the firm's 3Q profits are squeezed by falling oil prices.
Bakken Production Surge Boosts Hess Quarterly Profit
Wednesday, October 29, 2014 Hess posts a better-than-expected quarterly profit as production jumped and costs fell in North Dakota's booming Bakken shale formation.
Noble Energy Profit Misses Expectations On Weak Oil Growth
Tuesday, October 28, 2014 Noble Energy posts lower-than-expected quarterly profit as US oil production disappointed analysts partly due to an ongoing lack of infrastructure in a key shale field.
BP Posts Slump In Russian Income But Raises Dividend
Tuesday, October 28, 2014 BP increases dividends for its third quarter as it sees a jump in operating cash flow.
BG posts Bigger-Than-Expected Fall in Profit
Tuesday, October 28, 2014 BG Group reports a worse-than-expected, 26-percent fall in its third-quarter operating profit.
Maersk: Drilling Industry Dip Could Last Into 2016
Tuesday, October 28, 2014 The global offshore oil rig market's downturn could last into 2016, longer than seen a few months ago as a fall in oil prices exacerbates the dip, the chief executive of Maersk Drilling says.
Energy Firm Galp's Profit More than Doubles, Beats Forecast
Monday, October 27, 2014 Portugal's Galp Energia posts a forecast-busting 112-percent increase in third-quarter profits.
Mexico's Pemex 3Q Loss Widens On Lower Crude Output, Prices
Friday, October 24, 2014 Pemex reports a sharply deeper 3Q loss on falling crude output and prices, the company says in a filing with the Mexican stock exchange.
Cenovus Energy Profit Falls 4%
Thursday, October 23, 2014 Canada's Cenovus Energy says its quarterly profit falls four percent due to an unplanned outage at a refinery.
Keppel O&M's Net Profit Grows 17% to $201.5M in 3Q 2014
Thursday, October 23, 2014 Keppel O&M's net profit grows 17 percent to $201.5 million in the third quarter of 2014, compared to $172 million a year ago.
EMAS Offshore Posts 39.3% Increase in Net Profit for FY 14 to $54.7M
Thursday, October 23, 2014 Ezra Holding's subsidiary EMAS Offshore posts a four-fold increase in net attributable profit for financial year that ended Aug. 31.
Husky Energy Profit Rises 11.5% On Increased Production
Thursday, October 23, 2014 Husky reports an 11.5% rise in quarterly profit, helped by a 10% increase in production.
Occidental Petroleum Profit Beats Expectations As Production Jumps
Thursday, October 23, 2014 Occidental Petroleum posts a better-than-expected quarterly profit as US oil production jumps.
Contract Driller Nabors' Revenue Rises On US Shale Spending
Wednesday, October 22, 2014 Nabors reported a 17% rise in revenue, its highest increase in nine quarters, as it benefited from strong spending in US shale fields.
OMV Posts Higher 3Q Output Helped by Libya, Norway
Monday, October 20, 2014 Austria's OMV raises production by five percent during the third quarter thanks to progress in Libya and Norway.
Halliburton Profit Beats As N. America Drilling Stays Strong
Monday, October 20, 2014 Halliburton reports a better-than-expected quarterly profit, helped by buoyant shale drilling activity in North America.
Schlumberger Says Higher Oil Demand In 2015 To prompt Oil, Gas Spend
Friday, October 17, 2014 Schlumberger says oil and gas spending will increase in 2015 as global oil demand is poised to rise.
Santos' 3Q 2014 Sales Revenue Up 4% to $929M, Boosted by PNG LNG
Friday, October 17, 2014 Santos' sales revenue rises 4 percent in the third quarter of 2014 to $929 million, with the gains attributed to contribution from the Papua New Guinea liquefied natural gas project.
Petrofac Enjoys Most Successful Year for New Contracts
Friday, October 17, 2014 Petrofac is in line to make a profit of at least $580 million in 2014 after its most successful year for new awards.
Baker Hughes' Profit Misses on Weak Drilling Activity Outside N. America
Thursday, October 16, 2014 Oilfield services supplier Baker Hughes reports a lower-than-expected profit for the first time in five quarters.
Woodside Posts 46.4% Increase in Sales Revenue to $1.95B for 3Q 2014
Thursday, October 16, 2014 Woodside posts 46.4% increase in sales revenue to $1.95 billion for the third quarter of this year.
Norwegian Seismic Surveyor PGS Warns on Profit
Wednesday, October 15, 2014 Norway's PGS cuts its 2014 earnings guidance again due to worsening demand from oil companies.
Russia's Gazprom Says 2Q Net Profit Up 13%
Tuesday, October 14, 2014 Gazprom says its 2Q net profit was up 13% to $5.6 billion boosted by foreign exchange gains but still short of analysts expectations.
India's Reliance Posts Profit Rise, Plans To Invest $9B
Monday, October 13, 2014 Reliance reports a rise in profits that beat forecasts, helped by stronger refining margins, and said it would invest up to $9 billion in the next two quarters.
President Energy Optimistic about Paraguayan Campaign
Friday, September 12, 2014 President Energy is optimistic about its Paraguayan exploration campaign as production increases at its other operations.
Gazprom's 1Q Earnings Hurt By Ukraine, Exports Outlook Worsened
Thursday, September 11, 2014 Gazprom reports a 41% fall in 1Q net profit with more pain to come due to the firm's pricing dispute with Ukraine.