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HomeEarnings

Earnings

Exxon
Earnings

Exxon Warns Q1 Profits Will Suffer Due to Lower Oil Prices

April 4, 2024 Mariel Alumit

Exxon has warned that its first-quarter income figures will be affected by lower oil prices, Reuters has reported, citing a securities filing. Besides lower oil benchmarks, the company also pointed to weaker gas prices and a […]

Shareholders
Climate Crisis

Green Shareholders Try To Sabotage America’s Energy Industry

April 2, 2024 Mariel Alumit

When the spring proxy season kicks off in April, executives at public companies should expect a flood of political shareholder proposals focused on issues like climate change rather than traditional business concerns. [emphasis, links added] […]

Mach Natural Resources LP
Earnings

Mach Natural Resources LP Reports 2023 Results and Year-End Reserves

April 1, 2024 Mariel Alumit

OKLAHOMA CITY, Apr. 01 /BusinessWire/ — Mach Natural Resources LP (NYSE:MNR) (“Mach” or the “Company”) today reported financial and operating results for the year-ended December 31, 2023. In addition, the Company reaffirmed its guidance for […]

Empire Petroleum
Earnings

Empire Petroleum Announces Results for Fourth Quarter and Full Year 2023

April 1, 2024 Mariel Alumit

TULSA, Okla.–(BUSINESS WIRE)–Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana today announced operational and financial results for the […]

SilverBow Resources
Earnings

SilverBow Resources Highlights Successful Implementation of Strategy and Positive Business Momentum

March 29, 2024 Mariel Alumit

Proposes Significant Corporate Governance Enhancements Concludes Kimmeridge’s Proposal Substantially Undervalues SilverBow; Believes Shareholders Need Relevant Information About KTG Asset Value Launches www.FutureOfSilverBow.com, Providing Additional Information for Shareholders Files Preliminary Proxy Statement and Sends Letter to Shareholders […]

LUCERO ENERGY CORP.
Earnings

LUCERO ENERGY CORP. ANNOUNCES FOURTH QUARTER AND YEAR-END 2023 FINANCIAL & OPERATING RESULTS AND REPORTS YEAR-END 2023 RESERVES

March 25, 2024 Mariel Alumit

CALGARY, AB, March 21, 2024 /CNW/ – Lucero Energy Corp. (“Lucero” or the “Company”) (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce financial and operating results for the three months and year ended December 31, 2023, and to provide 2023 year-end reserves […]

Aramco
Big Oil Companies

Saudi oil giant Aramco posts 25% fall in full-year profit

March 11, 2024 Mariel Alumit

KEY POINTS Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. The result still represents Aramco’s second-highest ever net income. The […]

net
Earnings

Excelerate reports higher net income in 2023

February 29, 2024 Mariel Alumit

US FSRU player Excelerate Energy reported higher net income and adjusted Ebitda in 2023 mainly due to new charters in Finland and Germany. Besides new charters, net income rose 58.5 percent to $126.8 million in […]

California Resources
Crude Oil News

California Resources Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results

February 28, 2024 Mariel Alumit

CRC Delivers Record Cash Flow and Free Cash Flow per Share Annual Results LONG BEACH, Calif., Feb. 27 /BusinessWire/ — California Resources Corporation (NYSE:CRC) today reported financial and operating results for the fourth quarter and […]

Ovintiv
Crude Oil News

Ovintiv Reports Fourth Quarter and Year-End 2023 Financial and Operating Results

February 28, 2024 Mariel Alumit

Strong 2023 Operational Execution; Enhanced Capital Efficiency Expected in 2024 Highlights: Full Year 2023 Generated net earnings of $2.1 billion, cash from operating activities of $4.2 billion, Non-GAAP Cash Flow of $3.9 billion and Non-GAAP Free Cash Flow of $1.2 […]

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