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Higher Bakken Output Helps Hess Post Smaller Loss, Raise Production View

2019-10-30 15:14:43| OGI

Production from Bakken rose 38% to 163,000 barrels of oil equivalent per day (boe/d) in the quarter, helping net production, excluding Libya, rise about 4% to 290,000 boe/d.

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U.S. Silica Posts Bigger-Than-Expected Loss On Weak Demand, Lower Prices

2019-10-29 14:47:35| OGI

The company sold 3.9 million tons from its oil & gas segment in the third quarter, down 1% from the prior quarter. For the fourth quarter, it expects the slowdown in well completions in North America to hit volumes by 10% sequentially.

Tags: posts prices lower loss


Canadian pork producers discuss ASF response, loss of China market

2019-10-24 21:12:00| National Hog Farmer

During the fall members meeting, participants also worked on possible solutions for the surplus of animals that would arise should an FAD in Canada result in the closure of export markets.

Tags: china market response loss


Patterson-UTI Cost Cuts Help Post Smaller-Than-Expected Loss

2019-10-24 15:59:52| OGI

The shale slowdown across North America more than halved Patterson-UTI's revenues and margins in the pressure pumping business, with the company warning that activity is likely to fall further in the current quarter.

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RBS slumps to loss after 900m hit from PPI

2019-10-24 08:52:37| BBC News | Business | UK Edition

The state-backed lender's third-quarter loss came amid a challenging period for its investment bank.

Tags: hit loss ppi rbs


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