Equinor on Thursday reported adjusted earnings of $5.47 billion in the quarter which is way above the $2.05 billion reported in the first quarter of 2020. Adjusted earnings after tax were $2.66 billion in the first […]
LONDON — Oil giant Royal Dutch Shell on Thursday reported slightly better-than-expected first-quarter earnings, amid stronger commodity prices and growing expectations of a fuel demand recovery. Shell also raised its dividend by around 4%, its second increase in […]
Canada’s Imperial Oil Ltd posted a first-quarter profit and raised its quarterly dividend on Friday, bolstered by higher crude prices, as well as improved refining and chemical margins. Calgary-based Imperial, which is majority-owned by Exxon Mobil Corp, […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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