Tuesday, November 19, 2024
Oil & Gas 360 Earnings Season

BAM: It’s Earnings Season (Again) – Here are the Q4 2018 Oil & Gas Company Estimates

Seems like just yesterday it was Q3 reporting season. But time between quarterly earnings reports accelerates within the public company universe. Stay up to date with earnings calls here. EnerCom, Inc. has compiled first quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 104 E&P and 77 Oilfield Service companies in the EnerCom database. Download

China Offers Iran $3 Billion Oil-Field Deal as Europe Halts Iranian Crude Purchases

From The Wall Street Journal China’s state-run energy giant is making a new approach to strike a $3 billion Iranian oil field, seeking to take advantage of waivers allowed under U.S. sanctions even as two European nations have ended crude purchases, according to people familiar with the matter. The moves highlight the divergent ways nations are reacting to temporary exemptionsfrom U.S. sanctions

Canadian Indigenous Groups Weigh Pipeline Deal to Ease Oil Glut

From Bloomberg The Trans Mountain crude pipeline that Prime Minister Justin Trudeau’s government bought from Kinder Morgan Inc. last year is getting interest from some indigenous groups hurt by Canada’s oil price crunch. Five or six First Nation communities have approached the federal government with a view to potentially acquiring the line, Stephen Buffalo, chief executive officer of Canada’s Indian Resource Council,