News Topics: Earnings Reports
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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.
Russia's Lukoil Says 1H Hydrocarbon Production up 3.2% Year-on-Year
Friday, August 29, 2014 Russia's Lukoil says hydrocarbon production during its first half improved by 3.2 percent year-on-year.
CNOOC Posts 6.8% Rise in Net Production in 1H 2014 to 211.6 MMboe
Friday, August 29, 2014 CNOOC posts a 6.8% increase in net production to 211.6 million barrels of oil equivalent in the first half of this year, compared to 198.1 MMboe a year ago.
Falcon Oil & Gas Provides 1H 2014 Interim Results
Friday, August 29, 2014 Falcon Oil & Gas provides the company's interim results for the first half of 2014, including an update on its operations in Australia's Beetaloo permits.
Loyz Posts Higher Net Attributable Profit in 4Q FY 2014
Thursday, August 28, 2014 Loyz Energy posts a net attributable profit of $0.64 million for the June quarter, boosted by crude oil sales from its newly acquired concessions in Thailand.
PetroChina 2Q Profit Rises 15%, Matches Estimates
Thursday, August 28, 2014 PetroChina posts a 15% increase in 2Q profit, partly due to higher upstream earnings and improved refining margins.
Rig Company Seadrill Hit by Profit Miss, Cautious Outlook
Wednesday, August 27, 2014 Offshore driller Seadrill reports second-quarter earnings below forecasts, offering a cautious outlook.
Energy Project Delays Cut Petrofac Profit Nearly in Half
Tuesday, August 26, 2014 UK oilfield services company Petrofac reports a halving of first-half profits after being hurt by slow progress at some of its projects.
Sinopec Q2 Earnings Rise 36%, Beat Forecast
Friday, August 22, 2014 Sinopec Corp. posts a 36% rise in second-quarter profit.
Santos' Underlying 1H 2014 Net Profit Up 3% YOY to $240M
Friday, August 22, 2014 Santos posts an underlying first half profit of $240.3 million, 3 percent more than last year, with the gains due to an earlier start-up of the PNG LNG project.
Premier Oil Awaits End Of Summer Work Before Production Upgrade
Thursday, August 21, 2014 Premier Oil may upgrade its 2014 production forecast after better-than-expected output during the first half.
Norway's DNO Says Committed to Kurdistan Despite Violence
Thursday, August 21, 2014 Norway’s DNO says it remains committed to its operations in Iraq’s Kurdistan region in spite of nearby violence.
Woodside Posts Record Half-Year Profit of $1.015B, Up 27% YOY
Wednesday, August 20, 2014 Woodside posts record half-year profit of $1.015 billion, up 27 percent from $873 million in the previous year.
Maersk To Buy Back Shares For First Time, Earnings Rise
Tuesday, August 19, 2014 Moller-Maersk announces the first share buy-back in its 110-year history as an overhaul of the sprawling shipping and oil empire leaves it with more cash than it can usefully invest.
Oil Search Half-Year Profit Tops Forecasts As PNG LNG Flows
Tuesday, August 19, 2014 Oil Search beat forecasts with a 34% rise in half-year profit, boosted by the start of exports from the PNG LNG project which is expected to quadruple the company's output in 2015.
Getech Sees Upturn in Exploration Services Market
Wednesday, August 13, 2014 Getech Chief Executive says the company has seen a 'significant' upturn in the exploration services market in recent weeks.
India's ONGC 1Q Profit Hurt By Write-Offs, Subsidy Payment
Wednesday, August 13, 2014 ONGC posted a 19% jump in 1Q profit, but fell short of expectations, hurt by higher exploration related write-offs and an increased subsidy payment.
Petronas 2Q Net Profit Jumps 38% On Output Gains, Higher Demand
Wednesday, August 13, 2014 Malaysia's Petronas sees 2Q net profit increase by 38%, driven by stronger oil production and sales of liquefied natural gas (LNG).
UAE's TAQA Swings to Quarterly Profits; Pulls Out of Talks in Iraq, India
Wednesday, August 13, 2014 Abu Dhabi National Energy Company (TAQA) swings into second-quarter profits and confirms a shift in its strategy.
Swiber's 1H 2014 Net Profit Rises to $63M, Up 68.3% YOY
Wednesday, August 13, 2014 Swiber posted a 68.3 percent increase in net profit to $63 million in the first half of 2014, with the gains attributed largely to higher other operating income arising from the disposal of the firm's subsidiaries.
Schlumberger Expects Russia Sanctions To Hurt Earnings
Tuesday, August 12, 2014 Schlumberger expects US and EU sanctions on Russia to hurt earnings during the third quarter.
OMV Profit Drops as Libya Crisis Boosts Costs
Tuesday, August 12, 2014 Austria's OMV sees its underlying operating profit halve during the second quarter of 2014.
Canadian Natural Resources Lowers 2014 Oil Production Guidance
Thursday, August 07, 2014 Canadian Natural Resources lowers its 2014 oil production guidance as a result of issues at its Kirby South and Primrose oil sands projects in northern Alberta.
Argentina's YPF Second-Quarter Net Profit Below Market Expectation
Thursday, August 07, 2014 YPF had a second quarter net profit of $187.6 million, the company said, coming in below market expectation.
Lundin Petroleum 2Q Results Miss Expectations
Wednesday, August 06, 2014 Lundin Petroleum reports second-quarter earnings that are below expectations.
Chesapeake Profit Falls; Output Seen Rising Slightly
Wednesday, August 06, 2014 Chesapeake reports a lower-than-expected quarterly profit on higher costs, but expects increased year-end output as more wells are connected to pipelines.
Devon Energy 2Q Profit Slips; Output Lower
Wednesday, August 06, 2014 Devon Energy reports a 1% decrease in quarterly profit, matching Wall Street expectations, as asset sales dented oil and gas production.
Sembcorp Marine's 1H 2014 Net Profit Up 4%, Lifted by Rig, Platform Sectors
Tuesday, August 05, 2014 Sembcorp Marine's net profit rises 4% in the first half of this year to just over $203 million amid greater contribution from its rig building and offshore platform business.
EOG Resources Quarterly Profit Jumps 7%
Tuesday, August 05, 2014 EOG Resources says its quarterly profit rose 7% from the year-ago period due to a jump in oil production in Texas and North Dakota.
Dragon Oil Raises Interim Dividend Payment After Strong First Half
Tuesday, August 05, 2014 Dragon Oil will pay shareholders an interim dividend of 20 cents per share, a third higher than last year, following a strong performance in the first half of the year, the Turkmenistan-focused oil explorer says.
Genel Profits Rise on Higher Kurdistan Oil Exports
Tuesday, August 05, 2014 Genel Energy posts a 50-percent rise in first-half oil production, buoyed by output from Iraqi Kurdistan.
EIA: Oil & Gas Cos Take on Debt, Sell Assets to Boost Cash Flow
Monday, August 04, 2014 Oil and gas companies are taking on debt and selling assets to make up for the shortfall between operational cash flow and cash being spent, according to a recent EIA report.
Enbridge Sees New Pipeline To US Gulf Operating In October
Friday, August 01, 2014 Enbridge reports a stronger-than-expected profit in 2Q, driven mainly by higher shipment volumes on the Mainline and on its regional oil sands systems.
Chevron 2Q Profit Tops Estimates On Higher Oil, Gas Prices
Friday, August 01, 2014 Chevron reports better-than-expected quarterly profit as higher energy prices offset rising expenses and production dips in Kazakhstan.
Shell Quarterly Profit Beats Forecasts Despite Impairments
Thursday, July 31, 2014 Shell reports a 33% increase in quarterly earnings, beating analyst forecasts.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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