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Tag: profit falls
Baker Hughes Profit Falls 9% from Q1 as Oilfield Services Demand Remains Tepid
2021-07-21 15:18:44| OGI
Oilfield services provider Baker Hughes Co. said on July 21 its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.
Tags: services
remains
falls
demand
Ooredoo Group Q1 net profit falls 50% because of forex effects, revenue down 1%
2021-04-29 09:47:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group said net profit declined by 50 percent to QAR 193 million in the first three months to 31 March compared with QAR 387 million in the...
Kinder Morgan Profit Falls as Pandemic Hits Energy Demand
2020-10-22 11:15:00| OGI
Market conditions are weighing on a number of planned expansion projects, Kinder Morgan said, adding that they were not needed at least in the near term.
Tags: energy
hits
falls
kinder
Exxon Mobil Quarterly Profit Falls Despite Growing Permian Production
2020-01-31 14:35:52| OGI
Oil companies last quarter suffered from weaker prices for their products, and, in Exxon Mobil's case, it has been spending heavily to boost its oil output to reverse production declines.
Tags: production
growing
falls
profit
Lenzing FY profit falls as firm writes off US engineering costs
2020-01-28 13:15:00| Daily apparel & textile news and comment - from just-style.com
Austrian cellulosic fibre producer Lenzing has reported a drop in its preliminary 2019 figures with both earnings and revenue affected by lower selling prices for standard viscose and the write-off of engineering costs related to its mothballed US lyocell expansion project.
Tags: us
costs
firm
engineering