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HomeEarnings

Earnings

Earnings

Murphy USA Inc. Reports Fourth Quarter 2020 Results

February 4, 2021 Stu Turley

Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, today announced preliminary financial results for the three and twelve months ended December 31, 2020. Key Highlights: Net income was […]

Earnings

Shell announces fourth quarter 2020 results

February 4, 2021 Stu Turley

Shell has announced its fourth quarter 2020 results. ‘2020 was an extraordinary year. We have taken tough but decisive actions and demonstrated highly resilient operational delivery while caring for our people, customers and communities. We are […]

Magellan Midstream Partners - Energy News Beat
Earnings

Magellan Midstream Reports 4th Quarter 2020 Financial Results – Distributable Cash Flow of $1.02 Billion

February 3, 2021 Stu Turley

Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $183.9 million for fourth quarter 2020 compared to $286.4 million for fourth quarter 2019. The decrease in fourth-quarter 2020 net income continued to be driven by reduced demand for […]

Earthstone Energy - Energy News Beat
Earnings

Earthstone Provides Update, 2021 Guidance and Announces Proved Reserves

February 3, 2021 Stu Turley

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “our” or “we”), today provided an operations update, released 2021 guidance and announced its year-end 2020 estimated proved reserves. The Company has estimated its oil and gas […]

Atmos Energy - Energy News Beat
Earnings

Atmos Energy Corporation (NYSE: ATO) today reported consolidated results for its first fiscal quarter ended December 31, 2020.

February 2, 2021 Stu Turley

Highlights Earnings per diluted share was $1.71 for the three months ended December 31, 2020. Consolidated net income was $217.7 million for the three months ended December 31, 2020. Capital expenditures totaled $456.8 million for […]

Earnings

Energy News Beat: 2/2/2021: Going “Greening”

February 2, 2021 Mariel Alumit

Broad markets rise as GameStop fury runs out (couldn’t quite hold the line), and big earnings dropping. S&P 500: 39% Nasdaq: 72% Dow Jones: 60% “Inevitably, and as with any technically-driven short squeeze, the Reddit […]

Earnings

Summit Midstream Partners, LP Announces $175 million of Financing Commitments for its Double E Pipeline Project and Schedules Fourth Quarter 2020 Earnings Call

February 2, 2021 Stu Turley

Summit Midstream Partners, LP (NYSE: SMLP) (the “Partnership” or “SMLP”) announced today that its wholly-owned, indirect subsidiary, Summit Permian Transmission, LLC, has received $175 million of commitments from three leading commercial banks to finance the development of its […]

Magellan Midstream Partners - Energy News Beat
Earnings

Magellan Midstream Reports Fourth-Quarter 2020 Financial Results

February 2, 2021 Stu Turley

TULSA, Okla. – Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $183.9 million for fourth quarter 2020 compared to $286.4 million for fourth quarter 2019. The decrease in fourth-quarter 2020 net income […]

ConocoPhillips - Northslope - Energynewsbeat.com
Crude Oil News

ConocoPhillips Q4 loss is narrower than expected

February 2, 2021 Mariel Alumit

Market Watch – ConocoPhillips COP, 2.65% said Tuesday it had a net loss of $800 million, or 72 cents a share, in the fourth quarter, after earnings of $700 million, or 65 cents a share, in the […]

Earnings

BP’s Weak Quarter Shows Big Oil Has Barely Begun Covid Recovery

February 2, 2021 Stu Turley

BP Plc offered more evidence that Big Oil has barely begun to heal the wounds from last year’s historic slump. The Western world’s largest energy producers were supposed to be sailing into the fourth-quarter earnings season […]

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