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Tag: posts loss
Pioneer Natural Resources Posts Bigger Quarterly Loss
2020-08-04 23:25:00| OGI
Despite the loss, Pioneer Natural Resources generated $165 million of free cash flow for the quarter, which President and CEO Scott D. Sheffield attributed to significant cost reductions and operational efficiency improvements.
Tags: resources
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Diamondback Energy Posts Second-quarter Loss on $2.54 Billion Charge
2020-08-03 23:00:00| OGI
Diamondback Energy also decreased its cash operating costs dramatically in the second quarter, according to CEO Travis Stice, some of which he expects to become permanent.
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Brazils Petrobras Posts $500 Million Loss Despite Record Exports to China
2020-07-31 15:45:49| OGI
Falling oil prices hurt company as it pursues a volume-over-price strategy.
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china
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Phillips 66 Posts Quarterly Loss as Pandemic Slams Fuel Demand
2020-07-31 15:07:49| OGI
U.S. refiner Phillips 66 on July 31 reported a quarterly loss compared to a year-ago profit, as coronavirus-led restrictions on businesses and travel destroyed fuel demand and hurt margins.
Exxon Mobil Posts Second Straight Quarterly Loss on Demand, Price Plunge
2020-07-31 14:47:26| OGI
The U.S. oil major reported a loss of $1.08 billion, or 26 cents per share, in the three months ended June 30.
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