News Topics: Earnings Reports
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Noble Energy 1Q Profit Easily Beats Expectations
Thursday, April 24, 2014 Noble Energy posts a better-than-expected quarterly profit, helped by a jump in production across its US shale plays.
PetroChina Posts 5% Fall in Q1 Profit, Beats Forecast
Thursday, April 24, 2014 PetroChina reports a five-percent fall in first-quarter profit but beats forecasts.
Diamond Offshore Profit Beats As Rig Hire Rates Improve
Thursday, April 24, 2014 Diamond Offshore Drilling reports 17% fall in quarterly profit due to lower utilization rates for deepwater rigs.
Austrian Energy Firm OMV Posts Rise in 1Q Production
Wednesday, April 23, 2014 Austria's OMV sees first-quarter production increase by 12 percent.
Halliburton Sees Profit Growth On Improved Margins In N. America
Monday, April 21, 2014 Halliburton forecast a 25% jump in earnings in the current quarter, helped by a recovery in margins in North America and growth in overseas markets.
India's Reliance Posts Flat 4Q Profit, Meets Estimates
Friday, April 18, 2014 Reliance Industries posted a flat quarterly profit, in line with estimates, hurt by a slimmer margin in its oil refining business.
Woodside Delivers Higher Revenues
Thursday, April 17, 2014 Additional oil sales and higher LNG prices pushed Woodside Petroleum's quarterly revenue in a positive direction.
Baker Hughes Profit Rises as North American Margins Improve
Thursday, April 17, 2014 Baker Hughes posts better-than-expected results as revenue in its core North American business rose nearly 7%, sending its shares up about 4% in premarket trading.
Schlumberger Hurt By Reduced Drilling, Weak Pricing In Latam
Thursday, April 17, 2014 Schlumberger reports a profit that beat analysts' estimates, but revenue fell short of expectations due to reduced drilling and pricing pressure in Latin America.
Eurasia Drilling 1Q Sales Down on Rouble, Restructuring
Thursday, April 17, 2014 Russia's Eurasia Drilling Company reports 12-percent fall in 1Q sales due to a weaker rouble and client restructuring.
Santos Revenue Grows as Projects near Completion
Thursday, April 17, 2014 Higher oil sales offset flat production returns to bolster Australian company Santos' quarterly results.
Keppel O&M's Net Profit Rises 11% in 1Q 2014 to $184.89M
Thursday, April 17, 2014 Keppel Offshore and Marine records a net profit of $184.89 million in the first quarter of 2014, up 11 percent from a year ago.
Stable North American Market Drives Revenues at Enteq
Wednesday, April 16, 2014 More stable North American markets drive revenue growth at Enteq.
Galp Beats Expectations with Big Oil Output Increase
Tuesday, April 15, 2014 Portugal's Galp sees oil and gas output jump by more than 19 percent during the first quarter of 2014.
Ezra's Revenue Increases 22% in 2Q FY2014 to $300M
Friday, April 11, 2014 Ezra posts a 22 percent increase in revenue for second quarter of financial year 2014 to $300.4 million, lifted by contribution from its subsea division.
Thailand's PTT Aims for Higher 2014 Profit, Oil Sales Hit by Unrest
Thursday, April 10, 2014 Thailand's PTT aims for an increased net profit of $3.1 billion in 2014 as its fifth gas separation plan runs at full capacity this year.
Chevron Expects First-Quarter Profit To Slip
Wednesday, April 09, 2014 Chevron expects first-quarter income to slip because of high currency conversion costs and environmental charges in its mining unit.
Israel's Delek Group 4Q Profit Narrows
Monday, March 31, 2014 Israeli energy, insurance and biochemicals firms Delek Group reports a lower quarterly profit.
CNOOC Posts Sharper-Than-Expected Fall In 2013 Earnings
Friday, March 28, 2014 CNOOC posts an 11.4% slide in its 2013 net profit, lagging analysts' forecasts, as it struggles to deliver production growth and control costs amid weakening crude prices.
Eurasia Drilling Says Weaker Rouble, Rosneft Exit To Hit 2014 Sales
Thursday, March 27, 2014 Eurasia Drilling expects a decline in 2014 revenue due to the weaker rouble and a decision by Rosneft to develop its own servicing business.
Lamprell Back in Profit, Warns Revenue Lower in 2014
Wednesday, March 26, 2014 Oil rig maker Lamprell reports a pre-tax profit of $40 million for 2013 after heavy losses in 2012.
N. America Impairment Pushes Abu Dhabi's TAQA into 2013 Loss
Tuesday, March 25, 2014 Abu Dhabi National Energy posts a net loss of $687 million due to a write-down of its North American assets.
Faroe Expects Lower Production in 2014
Tuesday, March 25, 2014 Faroe Petroleum gives a lower production guidance for 2014 as it continues its high-impact exploration campaign.
Schlumberger Expects 1Q Earnings To Jump From Last Year
Monday, March 24, 2014 Schlumberger expects 1Q earnings to be much higher than in the same period last year, as it takes market share from rivals and cuts costs.
Exillon Core Earnings Soar as Oil Output Jumps
Tuesday, March 18, 2014 Russia-focused oil producer Exillon Energy sees 27-percent jump in production.
Wintershall Sees Growth from Production in Core Regions
Thursday, March 13, 2014 German oil and gas firm Wintershall expects an increase in income from its operations in 2014, helped by growth in its core regions.
Argentina's YPF Says 2013 Profit Was $779 million
Friday, March 07, 2014 YPF says its net profit for full-year 2013 was $779 million, an increase of 45.6% over the previous year.
Genel Energy's Profit Up, Oil Output Outlook Improves
Thursday, March 06, 2014 Genel Energy reports a strong rise in profits after its first year of exporting oil from Iraqi Kurdistan.
Subsea 7 Remains Positive despite Weak EPIC Market
Wednesday, March 05, 2014 Oilfield services firm Subsea 7 remains positive about medium and long-term prospects for its business in spite of a weak market for EPIC contracts.
Malaysia's Petronas 4Q Profits Jump 45% on Output Boost
Tuesday, March 04, 2014 Petronas posts a 45.4% jump in fourth-quarter profit thanks to exploration successes boosting output.
Swiber Records Net Profit of $91M in 2013, Up 45% YOY
Friday, February 28, 2014 Swiber Holdings reports a 45.3 percent rise in net profit for 2013 to $90.9 million, compared to $62.5 million a year ago, with the increase due to strong revenue growth, especially from Southeast Asia.
Aker Sees Positive Future after Record Subsea Order Backlog
Friday, February 28, 2014 Aker achieves record orders at its Subsea business and sees a positive short-term outlook for the oilfield services sector.
GDF Increases Gas Production Target as it Boosts Capex
Thursday, February 27, 2014 GDF Suez aims to increase gas production to as much as 63 million barrels of oil equivalent by 2016 as it increases its capital spending budget in pursuit of growth.
Whiting Petroleum Posts 4Q Loss As Costs Spike, Sees Output Rising
Wednesday, February 26, 2014 Whiting posts a quarterly loss as the company's exploration, production and interest costs spiked, but met Wall Street expectations.
Transocean Profit Slides On Lower Rig Demand
Wednesday, February 26, 2014 Transocean says that 4Q profit fell 49% from a year ago, hurt by lower rig utilization.
Chesapeake Swings To Quarterly Loss On Charges
Wednesday, February 26, 2014 Chesapeake swings to a quarterly net loss, hurt by charges related to its efforts to reduce debt and simplify its balance sheet.
Mermaid Maritime's Subsea, Drilling Divisions Lift Firm's Net Profits
Wednesday, February 26, 2014 Mermaid Maritime reports that revenue growth in its subsea and drilling divisions lifted the firm's net profits to its highest level in five years.
Sembcorp Marine's Rig Sector Posts 38% Revenue Increase to $948M
Tuesday, February 25, 2014 Sembcorp Marine posts a 38 percent increase in revenue for rig building sector in the fourth quarter of 2013 to $948.3 million.
Brazil's Petrobras Cuts Spending As Quarterly Profit Falls 19%
Tuesday, February 25, 2014 Petrobras moved to check years of missed targets, soaring costs and rising debt by scaling back near-term investments and setting a limit on long-term growth.
MOL Sees Crude Output Declining In 2014
Tuesday, February 25, 2014 Hungary's MOL says its crude output will decline in 2014 before growing again next year.