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HomeEarnings

Earnings

TotalEnergies
Big Oil Companies

TotalEnergies Increases Profit to $5.7B despite Lower Gas Prices

April 29, 2024 Mariel Alumit

TotalEnergies SE has reported $5.7 billion in net income for the first quarter, up three percent compared to the same three-month period a year ago and 13 percent against the prior quarter, despite year-on-year and […]

Coal

Week Recap: NY Wind Cut, Biden vs. Oil, CA Solar Woes, Tesla

April 27, 2024 Andy Del Prado

Weekly Daily Standup Top Stories 3 offshore wind projects nixed in New York April 19, 2024 Stu Turley New York canceled power contracts for three offshore wind projects Friday, citing a turbine maker’s plans to scrap […]

Hertz
Earnings

Hertz To Sell More EVs as Q1 Loss Exceeds Expectations

April 26, 2024 Mariel Alumit

Hertz Global Holdings Inc (NASDAQ: HTZ) has raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to reduce losses that have weighed on the car […]

Chevron Corp
Earnings

Chevron Corp (CVX) Reports Q1 2024 Earnings: A Close Call with Analyst Projections

April 26, 2024 Mariel Alumit

Chevron Corp (NYSE:CVX) released its 8-K filing on April 26, 2024, disclosing its financial results for the first quarter of 2024. The company reported earnings of $5.5 billion, translating to $2.97 per share on a diluted basis, […]

Exxon
Crude Oil News

Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins

April 26, 2024 Mariel Alumit

Exxon Mobil on Friday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices. Exxon’s stock is down more than 3%. Here is what Exxon reported for […]

Ford
Earnings

Ford just reported a massive loss on every electric vehicle it sold

April 26, 2024 Mariel Alumit

New YorkCNN — Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping […]

TotalEnergies
Earnings

TotalEnergies reports lower Q1 LNG earnings, sales

April 26, 2024 Stu Turley

France’s TotalEnergies said on Friday that the company’s integrated LNG business logged a decline in its adjusted net operating income in the first quarter of this year due to lower prices. The company’s integrated LNG […]

CNX Resources
Earnings

CNX Resources (CNX) Q1 Earnings Beat Estimates, Revenues Lag

April 25, 2024 Mariel Alumit

CNX Resources Corporation CNX reported first-quarter 2024 operating earnings of 45 cents per share, which beat the Zacks Consensus Estimate of 36 cents by 25%. However, it is down 19.6% from 56 cents per share in […]

Hess
Earnings

Hess Reports Estimated Results for the First Quarter of 2024

April 25, 2024 Mariel Alumit

Key Development: Sanctioned development of Whiptail, the sixth development on the Stabroek Block, offshore Guyana; expected to add gross production capacity of approximately 250,000 barrels of oil per day (bopd) by the end of 2027 […]

SunPower
Earnings

SunPower To Cut Jobs After its Stock Gets Hammered

April 24, 2024 Mariel Alumit

Just a day after announcing it would restate the past two years of financial results, beleaguered SunPower Corp. (NASDAQ:SPWR) on Wednesday said it would reduce its workforce, cut a selection of residential installation locations, and […]

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