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News Topics: Earnings Reports

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Results18 articles shown

Shell Corrects Fourth Quarter Results, Earnings Unaffected
Friday, January 30, 2015 Shell says it had overstated its 4Q results by $178 million due to an error in the valuation of its fuel inventory.

Helmerich & Payne May Cut 2,000 Jobs As It Idles Rigs
Thursday, January 29, 2015 Helmerich & Payne says it may cut 2,000 jobs as it begins to idle rigs amid a slide in crude oil prices.

Thailand's PTTEP Slips to 4Q Net Loss as Weak Oil Prices Weigh
Thursday, January 29, 2015 PTTEP, Thailand's largest oil and gas explorer, reports its first quarterly net loss in more than a decade, mainly due to higher impairment loss on assets after declines in global oil prices.

Shell Falls Short After Oil Production Income Collapses
Thursday, January 29, 2015 Shell misses profit expectations and announces a 3-year, $15-billion cut in spending.

Hess Profit Misses Estimate As Oil Prices Slump
Wednesday, January 28, 2015 The weak results from Hess, one of the first major US oil companies to report quarterly earnings, could portend a wave of negative earnings reports across the industry.



Petrobras Reports Earnings Without Graft Writedowns Despite Delays
Wednesday, January 28, 2015 Petrobras released delayed unaudited third-quarter results, but its shares slumped as it left investors in the dark over the financial impact of a multibillion-dollar corruption scandal.

Keppel O&M's Net Profit in 4Q 2014 Rises to $229.5M, Up 1% from a Year Ago
Friday, January 23, 2015 Keppel Offshore and Marine's net profit in the fourth quarter of 2014 rises to $229.5 million, a marginal one percent increase from the previous year.

Santos Registers Record Sales Revenue of $874M in 4Q 2014, Up 2% YOY
Friday, January 23, 2015 Santos' sales revenue reaches a record $874 million in the fourth quarter of 2014, up 2 percent from last year.

Reliance Posts 2.9% Fall in Oil, Gas Revenue to $460.2M in 3Q FY 2015
Monday, January 19, 2015 Reliance's oil and gas exploration and production segment posts a 2.9 percent decline in revenue for third quarter 2015 that ended Dec. 31, 2014.

Woodside's 4Q 2014 Sales Revenue Up 6.9% to $1.76B, May Cut Capex for 2015
Thursday, January 15, 2015 Woodside posts a 6.9% increase in sales revenue to $1.762 billion for the fourth quarter of 2014, with the firm weighing the impact of lower oil price on capital expenditure.

Tullow Slashes Exploration Budget
Thursday, January 15, 2015 Tullow cuts its exploration budget to just $200 million as it battles to respond to the collapse in the price of oil.

Norwegian Seismic Explorer TGS Expects 2015 Revenue Fall
Tuesday, January 13, 2015 Norwegian seismic explorer TGS posts greater-than-expect 4Q revenues but warns of energy companies curbing spending amid tumbling oil prices.

Ezra Posts 1Q 2015 Profit of $61M, Bags $105M Deal for Julimar Project
Friday, January 09, 2015 Ezra Holdings records an after-tax profit of $60.6 million in the first quarter of financial year 2015 ending Nov. 30, 2014, compared to $8.7 million last year.

EMAS Offshore Posts Net Profit of $148M in 1Q 2015, Up from $13M a Year Ago
Thursday, January 08, 2015 EMAS Offshore posts net profit of $148.4 million for the first quarter of financial year 2015 that ended Nov. 30, 2014, up from $13 million in the previous year.

Enegi Oil Sees Opportunity in UKCS Downturn
Wednesday, December 24, 2014 Enegi strives to continue work on its SIFT development solution for marginal fields such as the Fyne oilfield in the UK North Sea.

Indonesia's Pertamina Says Oil Drop Hits Profits, Growth Plans
Thursday, December 18, 2014 Indonesia state oil and gas firm Pertamina sees a more than 20-percent fall in its net profit for 2014.

Canadian Oil Producers Slash 2015 Capital Budgets
Wednesday, December 17, 2014 Canadian oil producers Husky Energy and Penn West Petroleum slash their 2015 capital budgets due to a slide in crude oil prices.

Malaysia's SapuraKencana 3Q Profit Up 42% on New Business
Tuesday, December 09, 2014 SapuraKencana Petroleum says net profit increased 41.9 percent during its third quarter thanks to newly-acquired upstream units.