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Exxon Mobil Posts Second Straight Quarterly Loss on Demand, Price Plunge

2020-07-31 14:47:26| OGI

The U.S. oil major reported a loss of $1.08 billion, or 26 cents per share, in the three months ended June 30.

Tags: price posts loss straight


Chevron Posts $8.3 Billion Q2 Loss on Writedowns, Job Cuts

2020-07-31 14:40:29| OGI

Chevron wrote down its oil and gas production properties by $5.6 billion, including its entire investment in crisis-ravaged Venezuela.

Tags: posts job loss billion


Deckers narrows Q1 net loss as sales edge up

2020-07-31 12:39:00| Daily apparel & textile news and comment - from just-style.com

Ugg brand owner Deckers Brands has reported a rise in sales and narrowed its net loss for the first quarter but warned of possible supply chain disruptions in the future.

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NatWest slumps to loss on bad loan provision

2020-07-31 08:49:31| BBC News | Business | UK Edition

The bank has put aside another 2.1bn, expecting more defaults on loans because of the pandemic.

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Shell, Total Avoid Second-quarter Loss With Strong Trading Business

2020-07-30 20:25:00| OGI

Shell's oil and gas production division, or upstream, made a loss of $6.7 billion as production declined by 7% from a year earlier to 2.415 million boe/d.

Tags: total business strong loss


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