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HomeEarnings

Earnings

Exxon - EnergyNewsBeat
Earnings

ExxonMobil earns $2.7 billion in first quarter of 2021

April 30, 2021 Stu Turley

ExxonMobil last Friday posted estimated earnings of $2.7 billion in the first quarter of 2021 compared with a loss of $610 million in the same quarter last year. The company stated that the positive results reflect the benefits […]

Chevron 4 - EnergyNewsBeat ENB
Earnings

Chevron profit drops on weaker refining margins, storm hit

April 30, 2021 Stu Turley

Chevron Corp ’s first-quarter profit fell 29% compared with the same period a year ago as gains from oil and gas prices were undercut by weaker refining margins, production losses and the impact of an asset […]

Earnings

Liberty Oilfield Services Inc. Announces First Quarter 2021 Financial and Operational Results

April 29, 2021 Andy Del Prado

DENVER–(BUSINESS WIRE)–Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today first quarter 2021 financial and operational results. Summary Results and Highlights Revenue of $552 million and net loss1 of $39 million, or $0.21 […]

Earnings

Hess Reports Estimated Results for the First Quarter Of 2021 Key Developments:

April 29, 2021 Andy Del Prado

  Key Developments: Announced an oil discovery at Uaru-2 on the Stabroek Block, offshore Guyana; adds to the previously announced gross discovered recoverable resource estimate for the block of approximately 9 billion barrels of oil […]

Earnings

Total Profit Surges to Pre-Pandemic Levels on Oil Recovery

April 29, 2021 Stu Turley

Big Oil has enjoyed more favorable conditions this year thanks to rising crude prices and recovering fuel demand, but Total is in a better position than many of its peers. While BP Plc and Royal Dutch Shell Plc are […]

Ovintiv - Energy News Beat
Earnings

Ovintiv Reports First Quarter 2021 Financial and Operating Results

April 29, 2021 Andy Del Prado

Strong start to 2021 accelerates debt paydown Highlights: First quarter 2021 net earnings of $309 million ($1.16 per share diluted), cash from operating activities of $827 million and non-GAAP cash flow of $890 million Generated $540 million of non-GAAP free cash flow in […]

Earnings

Western Energy Services Corp. Releases First Quarter 2021 Financial and Operating Results

April 28, 2021 Andy Del Prado

CALGARY, AB, April 26, 2021 /CNW Telbec/ – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its first quarter 2021 financial and operating results.  Additional information relating to the Company, including the Company’s […]

Earnings

Extraction Provides Preliminary Financial and Operational Results for First-Quarter 2021

April 27, 2021 Andy Del Prado

DENVER, April 26, 2021 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today provided preliminary financial and operational results for the first quarter of 2021. First Quarter 2021 Highlights […]

BP chief executive Bernard Looney- Energy News Beat
Earnings

BP rebounds into Q1 profit on oil price recovery

April 27, 2021 Stu Turley

British oil giant BP said Tuesday that it rebounded into first-quarter net profit as oil prices recovered from a virus-driven slump. Earnings after taxation hit $4.7 billion (3.9 billion euros) in the three months to the end of March, […]

Earnings

Range Announces First Quarter 2021 Financial Results

April 26, 2021 Andy Del Prado

FORT WORTH, Texas, April 26, 2021 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2021 financial results. Highlights – Realizations before index hedges of $3.20 per mcfe, or approximately $0.51 above NYMEX natural gas Pre-hedge NGL realization of $26.35 per barrel, […]

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