Earnings Reports News


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Altagas Meets Earnings Guidance on Strong Midstream Performance
The company said the largest drivers of the increase included strong performance from the global exports business.
8:00 PM EST | March 12, 2024
Canadian Overseas Petroleum Files Bankruptcy in Canada, USA
Canadian Overseas Petroleum Ltd. has filed bankruptcy in its home country and the United States.
8:00 PM EST | March 11, 2024
Petrobras Plans to Return Nearly 60 Pct of 2023 Profit to Investors
Petrobras recorded its second highest annual net income, raking in $24.9 billion for 2023, and plans to distribute 58.1 percent of that as dividends.
8:00 PM EST | March 11, 2024
Talos Closes Acquisition of QuarterNorth
Further, Talos appointed QuarterNorth's designee Joseph Mills to its board of directors.
8:00 PM EST | March 10, 2024
Aramco Posts Another Record Year with $121B Profit
Aramco recorded its second highest ever annual net earnings.
8:00 PM EST | March 10, 2024
Sitio to Acquire Net Acreage in DJ Basin for $150MM
The transaction enhances the Denver-based company's Denver-Julesburg (DJ) Basin footprint.
7:00 PM EST | March 04, 2024
Diamond Offshore Bags $350MM BP Contract Extension in GOM
The contract extension is for the Ocean BlackHornet rig, which begins in February 2025 in direct continuation of the rig's current contract.
7:00 PM EST | March 03, 2024
NRG Energy Posts $202MM Net Loss
NRG did end 2023 with $482 million in net profit for Q4.
7:00 PM EST | March 03, 2024
BW Energy Posts 80 Percent Jump in Annual Profit
BW Energy reported an annual net income of $81 million.
7:00 PM EST | March 03, 2024
Civitas Posts Higher Q4 Earnings
Civitas reported a net income of $302.8 million for the fourth quarter.
7:00 PM EST | March 02, 2024
Devon Sees Slight Drop in Q4 Profit but Hits Operating, Spending Targets
Devon reported $1.15 billion in net income for the fourth quarter.
7:00 PM EST | February 29, 2024
Solaris Annual Profit Up
Solaris reported $39 million in net income for 2023.
7:00 PM EST | February 28, 2024
EOG Misses Estimates Despite Production Increase
The company's adjusted net income for the fourth quarter of 2023 was $1.78 billion, or $3.07 per share, compared to $1.94 billion, or $3.30 per share, in the previous-year quarter.
7:00 PM EST | February 28, 2024
Woodside Sees 74 Percent Fall in Annual Profit
Woodside reported $1.7 billion in net profit for 2023, down 74 percent compared to 2022 as weaker oil and gas prices and higher costs offset increased sales and production.
7:00 PM EST | February 27, 2024
NOG Earnings Grow as Production Hits Record Highs
NOG reported a fourth quarter net income of $388.9 million.
7:00 PM EST | February 26, 2024
Suncor Posts Record Production Figures
Suncor reported $2.1 billion in net profit for the fourth quarter with higher volumes offsetting lower oil and gas prices.
7:00 PM EST | February 26, 2024
CenterPoint Meets Estimates for Fourth Quarter
CenterPoint reported non-GAAP earnings of $0.32, a 14 percent increase compared to the same period in 2022.
7:00 PM EST | February 25, 2024
Enerplus Earnings Hit by Lower Production and Prices
Enerplus reported $116.7 million in net profit for Q4 2023.
7:00 PM EST | February 25, 2024
Chord Posts Lower Earnings, Agrees to Merge with Enerplus
Chord has agreed to a $11 billion merger with Enerplus.
7:00 PM EST | February 25, 2024
Pioneer Put Onstream Nearly 500 Wells in 2023
Pioneer boosted its output capacity as the Permian major works to complete its acquisition by ExxonMobil.
7:00 PM EST | February 25, 2024
Cheniere Annual Profit Up
The major LNG producer posted $9.9 billion in net profit for 2023 thanks to a favorable change in the fair value of its derivative contracts.
7:00 PM EST | February 25, 2024
Marathon Oil Sees Annual Profit Halved
Marathon Oil posted $1.5 billion in net profit for 2023.
7:00 PM EST | February 22, 2024
Weaker Prices Dent Eni Earnings
Eni resumed its oil and gas production growth trajectory in the fourth quarter but saw profit decline as selling prices declined for not only oil and gas but also renewables.
7:00 PM EST | February 20, 2024
Magnolia Eyes More Well Completions in 2024
7:00 PM EST | February 19, 2024
Var Energi Looks to Boost Production, Exploration in 2024
The company increased fourth-quarter production by seven percent.
7:00 PM EST | February 18, 2024
Natgas Major EQT Expects Higher Sales in 2024
EQT saw profit fall for 2023 despite increased sales volumes as prices weakened but plans to further raise sales production this year.
7:00 PM EST | February 18, 2024
UAE's AD Ports Expects Prolonged Price Pressure from Red Sea Tension
'Last year ended with renewed supply chain pressures caused by geopolitical tensions in the Middle East and the resulting Red Sea disruptions'.
7:00 PM EST | February 18, 2024
Occidental Holds Back on Permian Production
Occidental expects to keep output from the Permian basin 'largely flat' this year relative to 2023.
7:00 PM EST | February 15, 2024
USA Compression Boasts Record Revenues for Q4
The company saw high market demand for compression services.
7:00 PM EST | February 14, 2024
Hyliion Narrows Losses in 2023
The company reported a net loss of $123.5 million versus a net loss of $153.3 million for 2022.
7:00 PM EST | February 14, 2024
ARC Posts 28-Year High in Production
ARC reported net income of $373.76 million (CAD 506.3 million) for the fourth quarter of 2023, compared to $547 million (CAD 741 million) in the previous-year period.
7:00 PM EST | February 13, 2024
AKER BP Sees Sequential Fall in Quarterly Profit
Aker BP said lower oil prices offset higher gas prices and increased volumes.
7:00 PM EST | February 13, 2024
CONSOL Energy Posts Growing Figures as Focus Shifts to Export Market
'We executed a significant shift in our coal sales mix toward the export market, which led to record annual throughput volume and revenue'.
7:00 PM EST | February 12, 2024
ConocoPhillips Plans to Slow Down US Production This Year
ConocoPhillips will focus on efficiency after delivering a company record for the Lower 48 with an output of 1.1 MMboepd in 2023.
7:00 PM EST | February 11, 2024
Black Hills Sees Higher Profit as Customers Increase
Black Hills reported a net income of $79.6 million for the fourth quarter of 2023.
7:00 PM EST | February 11, 2024
Atmos Posts Higher Quarterly Profit
Atmos reported a quarterly net income of $311.3 million.
7:00 PM EST | February 10, 2024
Precision Beats Estimates on Soaring Profits
The company's adjusted EBITDA for the quarter was $112.38 million (CAD 151.2 million), up 66 percent compared to $67.71 million (CAD 91.1 million) in the comparable period in 2022.
7:00 PM EST | February 07, 2024
Big Oil Investor Payout at Record $114B Last Year
Management teams reined in spending on new projects to free up cash for dividends and buybacks.
7:00 PM EST | February 07, 2024
Equinor to Pay $14B to Investors Even as Profit Drops
Equinor said it will pay out $14 billion in share buybacks and dividends this year.
7:00 PM EST | February 06, 2024
TotalEnergies Boosts Investor Return Despite 31 Percent Profit Drop
TotalEnergies SE raised its dividend and continued share buybacks.
7:00 PM EST | February 06, 2024
ExxonMobil Doubles Earnings Capacity
ExxonMobil has now doubled its earnings capacity vs a 2019 baseline, analysts noted in a BofA Global Research report sent to Rigzone.
7:00 PM EST | February 06, 2024
ChampionX Posts Higher Annual Profit
ChampionX saw a 103 percent rise in annual net profit to $314.2 million.
7:00 PM EST | February 06, 2024
Brookfield Renewable Expects Corporate Clean Power Demand to Drive Profit
'We have signed contracts to provide over 60 terawatt hours of power over the past 2 years to these large technology companies, an amount we expect to increase dramatically in the coming years'.
7:00 PM EST | February 06, 2024
BP Accelerates Share Buybacks as New CEO Woos Investors
BP said it will repurchase $1.75 billion of shares each quarter in the first half of the year.
7:00 PM EST | February 05, 2024
Imperial Sees Record Quarterly Production but Profit Down on Lower Prices
'Fourth quarter results reflect strong operating performance, which was more than offset by weaker commodity prices'.
7:00 PM EST | February 05, 2024
Phillips 66 Plans $3B Worth of Asset Sales
Phillips 66 is eyeing to give up assets to support its shareholder return target and other long-term priorities while focusing investment on low-cost but high-return projects.
7:00 PM EST | February 04, 2024
NOV Q4 Figures Jump on Stronger Sales
'NOV's fourth quarter results capped a solid year which saw 19 percent sales growth compared to 2022'.
7:00 PM EST | February 04, 2024
WEC 2023 Profit Slips 5.5 Percent
WEC logged $1.3 billion in net income for 2023.
7:00 PM EST | February 04, 2024
UGI Posts $94MM Quarterly Profit
UGI posted a net income of $94 million for the first quarter of financial year 2024, swinging back to black from a $954 million loss for the corresponding quarter the prior fiscal year.
7:00 PM EST | February 03, 2024
Exxon Foray Into Energy Trading Is Starting to Pay Off
Exxon Mobil Corp's expanding trading operation boosted fourth-quarter earnings by more than $1 billion.
7:00 PM EST | February 01, 2024