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HomeEarnings

Earnings

Shell
Big Oil Companies

Shell’s updated energy transition strategy receives shareholder approval on reduced emissions targets

May 23, 2024 Mariel Alumit

(Bloomberg) – Shell Plc shareholders approved the company’s new energy transition plan with reduced carbon-emissions targets, while rejecting a resolution asking the oil and gas giant to align itself with the Paris Climate Agreement. Shell’s […]

Flex LNG
Earnings

Flex LNG reports higher net income, lower revenue

May 23, 2024 Mariel Alumit

Norwegian LNG carrier owner Flex LNG reported higher net income and lower revenue in the first quarter of this year. The owner of 13 LNG carriers said on Thursday that vessel operating revenues were $90.2 […]

Core Business
Big Oil Companies

Profits Over ESG as Supermajors Pivot Back to Their Core Business

May 14, 2024 Mariel Alumit

Three years ago, Big Oil supermajors in Europe were all about the energy transition and pivoting from their core business to a greater diversification. In its latest financial report for the first quarter, BP indicated […]

HighPeak Energy
Earnings

HighPeak Energy, Inc. Announces First Quarter 2024 Financial and Operating Results

May 9, 2024 Mariel Alumit

FORT WORTH, Texas, May 08, 2024 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended March 31, 2024. Highlights First Quarter 2024 […]

Vital Energy
Earnings

Vital Energy Reports First-Quarter 2024 Financial and Operating Results

May 9, 2024 Mariel Alumit

TULSA, OK, May 08, 2024 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today reported first-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company’s website […]

Diversified Energy
Earnings

Diversified Energy Reports Solid First Quarter and Benefits from Expansion of NGL Processing Capabilities

May 9, 2024 Mariel Alumit

Year-Over-Year Absolute Debt Reduction and Expense Improvements Black Bear Facility Strengthens the Company’s Midstream Value Chain and Integrates Complementary Long-life Infrastructure Assets BIRMINGHAM, AL / ACCESSWIRE / May 9, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) […]

Occidental
Earnings

Occidental beats profit estimates on higher oil prices

May 8, 2024 Mariel Alumit

HOUSTON, May 7 (Reuters) – Occidental Petroleum (OXY.N), opens new tab on Tuesday reported profit that beat analysts’ first-quarter consensus estimate and forecast second quarter oil and gas production would climb 7%. Profit fell to […]

Ovintiv
Earnings

Ovintiv Reports First Quarter 2024 Financial and Operating Results

May 8, 2024 Mariel Alumit

Highlights: Generated net earnings of $338 million, cash from operating activities of $659 million, Non-GAAP Cash Flow of $1,035 million and Non-GAAP Free Cash Flow of $444 million after capital expenditures of $591 million First quarter production was at the high-end or […]

Kosmos
Earnings

Kosmos Energy Announces First Quarter 2024 Results

May 7, 2024 Mariel Alumit

DALLAS, May 07 /BusinessWire/ — Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2024. For the quarter, the Company generated a net […]

Magnolia
Earnings

Magnolia Oil & Gas Corporation Announces First Quarter 2024 Results

May 7, 2024 Mariel Alumit

HOUSTON, May 07 /BusinessWire/ — Magnolia Oil & Gas Corporation (“Magnolia,” “we,” “our,” or the “Company”) (NYSE:MGY) today announced its financial and operational results for the first quarter of 2024. First Quarter 2024 Highlights: (In […]

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