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Halliburton Posts Third-quarter Profit as Higher Oil Prices Fuel Drilling Demand

2021-10-19 15:16:46| OGI

Houston-based Halliburton posted adjusted net income attributable to the company of $248 million, or 28 cents per share, in the three months ended Sept. 30, up from the $100 million or 11 cents per share reported a year earlier.

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Pioneer Natural Resources Posts Second-quarter Profit on Oil Price Boost

2021-08-02 22:34:42| OGI

The companys quarterly production averaged at 629,468 barrels of oil equivalent per day (boe/d), higher than 473,937 boe/d in the previous quarter.

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Exxon Mobil Posts Biggest Quarterly Profit in a Year

2021-07-30 15:25:00| OGI

Exxon Mobils quarterly earnings results highlighted how oil producers are taking advantage of a recovery in oil prices to cut debt and boost shareholder payouts rather than spending more to raise production

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Marathon Oil Posts First Quarterly Profit Since COVID Outbreak

2021-05-05 22:30:00| OGI

The swing to profit in the first quarter also comes as Marathon Oil and other shale producers slashed spending and production last year.

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Exxon Mobil Posts First Profit in Five Quarters on Higher Oil Prices

2021-04-30 15:13:59| OGI

Net income attributable to Exxon was $2.73 billion, or 64 cents per share, in the first quarter, compared with a loss of $610 million, or 14 cents per share, a year earlier.

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