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Marathon Oil Posts Smaller-than-expected Loss after Reining in Costs
2020-08-06 11:10:00| OGI
Excluding items, Marathon Oil posted a loss of 60 cents per share, smaller than analysts' estimate of 63 cents per share, according to Refinitiv IBES, while Parsley Energy posted a surprise profit.
Disney focuses on streaming as it falls to a loss
2020-08-05 00:53:26| BBC News | Business | UK Edition
The giant firm will launch a new streaming site as it battles the effects of the coronavirus crisis.
Pioneer Natural Resources Posts Bigger Quarterly Loss
2020-08-04 23:25:00| OGI
Despite the loss, Pioneer Natural Resources generated $165 million of free cash flow for the quarter, which President and CEO Scott D. Sheffield attributed to significant cost reductions and operational efficiency improvements.
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BP Halves Dividend after Record Loss, Speeds Up Low-carbon Reinvention
2020-08-04 15:35:00| OGI
BP last reduced its dividend in 2010, when it was suspended for three quarters following the deadly Deepwater Horizon rig explosion.
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Continental Resources Posts Second Straight Quarterly Loss
2020-08-03 23:20:00| OGI
U.S. shale producer Continental Resources Inc. on Aug. 3 posted a bigger-than-expected second-quarter loss as the coronavirus crisis and related lockdowns pummeled demand.
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