World Oil (Bloomberg) –U.S. shale executives have finally achieved something that eluded the industry for more than a decade: the ability to turn over billions of dollars in dividends to shareholders while at the same time boosting production to tap into surging global oil demand. The question now is just how much the shale explorers will reinvest in fresh drilling.
–News Direct– CALGARY, Alberta, January 28, 2022 /3BL Media/ – Lehigh Cement, a divis…
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 6 over last week, resulting in a total count of 610 rigs. Canada had an increase of 5 over last week, resulting in a total Canadian count of 217 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Barnett, Haynesville,
Nasdaq Jan 28 – Phillips 66 PSX.N posted quarterly earnings that powered past Wall Street estimates on Friday, as the U.S. refiner capitalized on mounting demand for fuel due to a loosening up of coronavirus restrictions. Although refiners had to deal with surging crude oil costs, gasoline and jet fuel demand rocketed in the last three months of 2021 as
CNBC Chevron shares declined Friday after the company reported a mixed quarter, despite surging oil and gas prices. Chevron earned $2.56 per share excluding items during the fourth quarter, while analysts had been expecting $3.12 per share, according to estimates from Refinitiv. Revenue, however, came in at $48.13 billion, topping the expected $45.69 billion. Chevron’s stock declined more than 4% at
World Oil HOUSTON – The Texas oil and gas exploration and production economy enjoyed a year of recovery in 2021 on the heels of nearly two years of contraction, according to the Texas Alliance of Energy Producers’ Texas Petro Index (TPI). “The Texas upstream oil and gas industry endured a punishing two-year contraction, the second year of which was at the hands
Suncor Energy (TSX:SU) (NYSE:SU) had a strong start to 2022, rising by 8.93% be…
Fourth-quarter earnings of $286 million and adjusted EBITDA of $400 million Reach…
Calgary, ALBERTA, Jan. 28, 2022 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (” Petrus ” o…
Fourth Quarter Reported fourth-quarter earnings of $1.3 billion or $2.88 per …
Fourth quarter earnings of $5.1 billion; annual earnings of $15.6 billion Strong …
NuStar Energy L.P. (NYSE: NS) today announced that its Board of Directors has declared …
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