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News Topics: Earnings Reports

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Results22 articles shown

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.

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.

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.

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.

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.

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.

Lukoil Profit Falls 33% On Weak Rouble And Disposal Loss
Thursday, May 29, 2014 Lukoil reports a 33% fall in first-quarter net profit to $1.7 billion.

Indian Oil Explorer ONGC's Profit Held Back By Price Regulation
Thursday, May 29, 2014 ONGC reports a 44% rise in quarterly profit but falls short of expectations, hurt by government-imposed discounts on its crude sales to state-run refiners.

Rig Firm Seadrill Turns Gloomy As Oil Firms Cut Spending
Wednesday, May 28, 2014 Seadrill turns gloomy about prospects for the global drilling market and expects falling charter rates as oil firms cut capital spending to protect margins.