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Concho Resources Profit Falls 25% On Lower Crude, Gas Prices

2019-07-31 22:53:53| OGI

Concho, which operates in the Delaware and Midland basins of the prolific Permian shale field, said total production rose to 328,681 barrels of oil equivalent per day (boe/d) from 228,958 boe/d a year earlier.

Tags: resources prices lower gas

 

ConocoPhillips Adjusted Profit Falls On Lower Crude Prices

2019-07-30 14:45:03| OGI

U.S. light crude prices averaged $59.91 per barrel in the second quarter, 11.8% lower than a year earlier, while Brent crude averaged $68.47 per barrel, 8.7% lower than a year earlier.

Tags: prices lower falls profit

 
 

Anadarko Petroleum Quarterly Profit Falls 7.2%

2019-04-25 23:00:52| OGI

Anadarko Petroleum, which is the target of a bidding war between Occidental Petroleum and Chevron, reported a 7.2% fall in adjusted quarterly profit on April 25, as it sold oil at lower prices.

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Tencent Q4 profit falls 35% on investment costs, revenues up 28%

2019-03-21 12:28:00| Telecompaper Headlines

(Telecompaper) Tencent reported revenues of CNY 84.9 billion for the fourth quarter, up 28 percent from a year earlier as growth in social networks, payments and online content helped offset flat revenues from gaming. The company's net profit fell 35 percent to CNY 14.0 billion, due to costs for the IPO of Tencent Music and several disposal gains in the year-earlier period. Adjusted EBITDA rose 18 percent to CNY 29.7 billion.

Tags: up costs investment falls

 

Bharti Airtel net profit falls 65% on continued slide in Indian mobile market

2018-10-25 14:41:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel reported another drop in results for the fiscal second quarter to September, as regulatory price cuts and competitive pressure in the Indian mobile market offset growth in customer numbers. Revenues fell 6 percent year-on-year to INR 204.2 billion, and EBITDA was down 20.7 percent to INR 21 percent to INR 63.4 billion. 

Tags: net market mobile continued

 

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