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News Topics: Earnings Reports

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Results50 articles shown

Bumi Armada's 3Q 2014 Net Profit Rises to $32.23M, Up 9.9% YOY
Friday, November 21, 2014 Bumi Armada's net profit reaches $32.23 million in the third quarter of 2014, up 9.9 percent from last year's $29.34 million.

Petrobras Says 3Q Brazil Oil Output Rises to 2.09M Barrels per Day
Monday, November 17, 2014 Petrobras improves its oil production in Brazil by nine percent during the third quarter.

India's ONGC Posts Profit Drop, To Invest $1.7B In Domestic Offshore
Friday, November 14, 2014 India's ONGC posts a 10% fall in quarterly profit, its first drop after four quarters of growth, as lower crude prices hurt profitability from both onshore and offshore blocks.

North Sea Independents Report Solid Progress
Thursday, November 13, 2014 North Sea producers Premier Oil and Ithaca Energy both issue 'solid' updates for their respective third quarters.

Solvay Profit Rise Helped by Fracking, Cheaper Raw Materials
Thursday, November 13, 2014 Belgian chemicals firm Solvay sees 9.5-percent increase in its third-quarter profit thanks to an increased demand for fracking fluids in the US.



Soco International Cuts Full-Year Production Guidance
Thursday, November 13, 2014 Africa-focused Independent oil explorer lowers its production guidance for 2014 to between 13,300 and 13,800 barrels of oil per day.

Swiber Records 9M 2014 Net Profit of $40.1M, Down 22.8% YOY
Thursday, November 13, 2014 Swiber's net profit declines 22.8 percent to $40.1 million for the first nine months of this year, compared to $51.9 million a year ago.

Subsea 7 Warns of Increased Uncertainty in Project Awards
Wednesday, November 12, 2014 Subsea 7, while reporting strong third quarter results, warns of increased uncertainty in the timing of certain project awards from customers due to lower oil prices.

Encana's Operating Profit Nearly Doubles On Higher Oil Production
Wednesday, November 12, 2014 Encana says its quarterly operating profit jumped 87% due to higher production of oil and natural gas liquids.

Maersk CEO Says Company Is Ready To Invest In Oil Fields
Tuesday, November 11, 2014 A.P. Moller-Maersk's third-quarter net profit beat expectations, boosted by a strong performance at its container shipping business Maersk Line.

Driller Transocean To Take $2.76B Charges, Delay Results
Friday, November 07, 2014 Transocean expects to incur management charges of $2.76 billion during 3Q 2014 as it grapples with an oversupplied offshore drilling market.

Sembcorp Marine's 3Q 2014 Net Profit Rises 2% to $105.5M
Thursday, November 06, 2014 Sembcorp Marine's net profit rises 2 percent to $105.5 million in the third quarter from a year ago, boosted by higher contribution from rig building and offshore platform projects.

Central European Oil Firms See 3Q Profit Boost
Thursday, November 06, 2014 OMV and MOL both report upbeat results for the third quarter of 2014, driven in part by their upstream oil and gas operations.

Continental Resources Profit Soars As It Exits Oil Hedging
Wednesday, November 05, 2014 Continental Resources posts a quarterly profit that meets Wall Street's expectations.

Chesapeake Energy Quarterly Profit And Output Rise
Wednesday, November 05, 2014 Chesapeake reports a bigger-than-expected 8% increase in 3Q profit on higher output from lower-cost shale wells in Texas, Louisiana and Ohio.

TransCanada Boosts Keystone XL Cost Nearly 50% To $7.02B
Tuesday, November 04, 2014 TransCanada raises estimated capital costs for its controversial Keystone XL project citing lengthy delays.

Talisman Energy Profit Beats Estimates on Lower Expenses
Tuesday, November 04, 2014 Canada's Talisman Energy reports a bigger-than-expected quarterly profit as tight cost controls help offset lower oil and gas prices.

Devon Energy Profit Tops Estimates, Output Jumps 19%
Tuesday, November 04, 2014 Devon Energy reports a sharply higher quarterly profit that topped Wall Street estimates.

Marathon Oil Quarterly Profit Down, Hit By Lower Oil Prices
Monday, November 03, 2014 Marathon Oil says quarterly profit fell 24%, as a slide in the price of crude offset higher oil and natural gas production from shale wells.

NZ's Shannon Prospect 'Too Exciting' Not to Drill
Monday, November 03, 2014 After recent disappointing results on its Puka field in New Zealand, Kea Petroleum believes the Shannon structure is 'too exciting and too prospective' not to drill.

Exxon, Chevron Results Boosted by Refining as Oil Prices Slip
Friday, October 31, 2014 A surge in refining profits boosts quarterly results at Exxon Mobil and Chevron.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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