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Oil Hedges to Crimp US Shale Producers First-quarter Profit

2021-04-27 11:15:00| OGI

Dozens of U.S. oil and gas producers hedged at prices below $50/bbl, according to Enverus Andrew McConn. The firms review of 66 shale producers found roughly $7 billion in aggregate hedging losses.

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HSBC rebounds with 79% surge in quarterly profit

2021-04-27 07:09:46| BBC News | Business | UK Edition

It's a major turnaround for the lender, which saw profits fall last year due to Covid-19.

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Kinder Morgan Raises Outlook as Profit Surges

2021-04-22 11:10:00| OGI

Though natural gas transport volumes were down 3% overall amid the lingering impact on demand from the COVID-19 pandemic, Kinder Morgans natural gas pipelines unit still saw adjusted income grow by almost 80%.

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Verizon grows Q1 net profit 25% on business recovery, broadband demand

2021-04-21 15:24:00| Telecompaper Headlines

(Telecompaper) Verizon reported net profit for the first quarter up 25.4 percent to USD 5.4 billion...

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China Mobile's profit grows 2.3%, tops 940 mln customers in Q1

2021-04-21 06:57:00| Telecompaper Headlines

(Telecompaper) China Mobile posted operating revenue of CNY 198.4 billion for the first quarter of 2021, which represents an increase of 9.5 percent year-on-year...

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