Tellurian Inc. ended the third quarter with a 25% increase in net natural gas production and a 32% increase in natural gas sales, as compared to the second quarter of 2022. President and CEO Octávio Simões […]
Saudi Arabian state oil producer Aramco beat forecasts on Nov. 1 with a 39% jump in third-quarter net income and reported record free cash flows, joining rivals in benefiting from higher prices and robust demand. Aramco’s net income rose to $42.4 billion for the three months to Sept. 30 from […]
The British energy major posted underlying replacement cost profit, used as a proxy for net profit, of $8.2 billion for the three months through to the end of September. The world’s largest oil and gas […]
Saudi Aramco’s total hydrocarbon output reached 14.4 million b/d of oil equivalent in the third quarter of 2022, as Saudi Arabia, the world’s largest oil exporting country brought on more supply to the oil markets […]
Exxon Mobil has reported a net income attributable to shareholders of $19.7bn for the third quarter of 2022, compared to $6.75bn a year ago, benefiting from rising energy prices. The company said its profit was boosted by the […]
China Petroleum and Chemical Corp, or Sinopec Corp, (Hunter Biden possibly still on the board – Story link below and over 1 million barrels of SPR oil purchased by Sinopec.) reported interim net income surged […]
Rivian (RIVN) has announced it sees a bigger loss for the year than predicted, causing shares to waver in extended trading. Rivian reported that in the second quarter, revenue was $364 million, above its $335.7 […]
Occidental Petroleum reported a net profit of $3.6 billion for the second quarter of the year, down from $4.7 billion for the first quarter, boasting the highest quarterly free cash flow. The adjusted income attributable […]
Phillips 66 Reports Second-Quarter 2022 Financial Results Reported second-quarter earnings of $3.2 billion or $6.53 per share; adjusted earnings of $3.3 billion or $6.77 per share Generated $1.8 billion of operating cash flow; $3.6 billion […]
U.S. oil supermajor ExxonMobil has announced an estimated second-quarter 2022 earnings of $17.9 billion. A record quarter for the company. Second-quarter results included a favorable identified item of nearly $300 million associated with the sale […]
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