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Permian Producer Diamondback Energy Posts Third Straight Quarterly Loss
2020-11-02 22:35:00| OGI
Permian Basin producer Diamondback Energy Inc. said on Nov. 2 it would not focus on growing production till commodity prices recover, as it reported its third straight quarterly loss.
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Exxon Mobil Posts Third Straight Quarterly Loss While Chevron Reports Profit
2020-10-30 14:45:00| OGI
Oil companies last quarter continued to suffer from weak prices for their products, but rivals Chevron, Shell and BP also posted higher-than-expected results after deep cost cuts this year.
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ConocoPhillips Posts Smaller-than-expected Loss as Oil Prices Recover
2020-10-29 14:21:16| OGI
ConocoPhillips reported a loss of $500 million, or 42 cents per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share.
Hess Posts Wider-than-expected Q3 Loss, Cuts Annual Production Forecast
2020-10-28 14:01:23| OGI
U.S. oil and gas producer�Hess�Corp. reported a�wider-than-expected�loss�on Oct. 28 and slightly lowered its full year�production�forecast, as its operations were affected by hurricanes in the Gulf of Mexico and lower�production�in South East Asia.
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Liberty Oilfield Posts Quarterly Loss; Forecasts Frac Fleet Growth
2020-10-27 23:00:00| OGI
Liberty Oilfield Services�reported a smaller-than-expected quarterly loss on Oct. 27 and forecast sequential growth in active frac fleets, as producers restore oil volumes, driven by an uptick in prices.
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