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Petrobras Hits All-time Profit Record In 2019

2020-02-20 15:28:58| OGI

The company posted a quarterly net income of 8.15 billion reais, significantly below some analysts expectations, as the firm was dogged by impairments and an increase in administrative costs. A

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Pioneer Natural Resources Quarterly Profit Beats Street Estimates

2020-02-20 11:10:00| OGI

Pioneer also joins shale rivals Concho Resources, Diamondback Energy and Devon Energy in boosting dividends to please investors who have been pushing for higher shareholder returns

Tags: resources street natural profit


Ooredoo Group net profit rises by 10% in 2019 on stable revenue, customer base broadens by 2%

2020-02-14 09:20:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group has announced that its net profit for the year ended 31 December 2019 increased by 10 percent to QAR 1.73 billion from QAR 1.57 billion in 2018. There was an increase in EBITDA and a more favorable foreign exchange environment compared with 2018, but IFRS 16 had a negative effect on net profit. Revenue was stable at QAR 29.92 billion compared with QAR 29.93 billion, in spite of the industry-wide shift from voice to data consumption, lower handset sales and macroeconomic and currency weakness in some markets. 

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TC Energy Profit Misses On Lower Keystone Pipeline Volumes

2020-02-13 21:00:00| OGI

TC Energy's earnings from its oil pipelines, of which Keystone is the biggest contributor, plunged 33.3% to C$355 million in the fourth quarter.

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Marathon Oil Profit Misses Estimates As Prices Tumble

2020-02-13 14:35:43| OGI

Marathon Oil's quarterly results mirrored weaker earnings across the sector, as prices of global crude fell in the quarter on oversupply and demand concerns.

Tags: prices oil profit estimates


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