CWC ENERGY SERVICES CORP. ANNOUNCES FIRST QUARTER 2022 OPERATIONAL AND FINANCIAL RESULTS
April 29, 2022
CWC ENERGY SERVICES CORP. ANNOUNCES FIRST QUARTER 2022 OPERATIONAL AND FINANCIAL RESULTS …
North American oil companies scramble to find workers despite boom
April 29, 2022
Reuters When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave the industry after 17 years in oil and gas. But his next jobs brought one mishap after another. He was hospitalized for almost a week following a shift at a chemical manufacturing facility; another company he worked for never
TFSA Pension: 2 Cheap TSX Dividend Stocks to Buy Now
April 29, 2022
Canadian TFSA investors are searching for cheap dividend stocks to add to their self-di…
Chevron’s profit nearly quadruples, Wall Street underwhelmed
April 29, 2022
Reuters HOUSTON – Chevron Corp’s first-quarter profit leapt from the same period a year ago to its highest in 10 years, benefiting from the surge in oil and gas prices in the aftermath of Russia’s invasion of Ukraine. The second-largest U.S. oil producer on Friday posted adjusted earnings of $6.5 billion or $3.36 per share, from $1.7 billion, or 90
Phillips 66 beats profit estimates, to resume share buybacks
April 29, 2022
Yahoo Finance U.S. refiner Phillips 66 on Friday promised to resume share buybacks in the current quarter, after posting a quarterly profit that surpassed Wall Street expectations as demand for fuel and refined products hovered near pre-pandemic levels. Western sanctions on Russia for invading Ukraine have tightened crude oil supplies worldwide at a time when fuel demand is surging as
Exxon earnings hurt by Russia exit, triples buybacks on high oil prices
April 29, 2022
Yahoo Finance Exxon Mobil Corp. and Chevron Corp. pledged to ramp up shareholder returns as crude oil and natural gas prices surged to multi-year highs following Russia’s invasion of Ukraine. Despite pleas from politicians to ease the burden on consumers, the biggest U.S. oil explorers are focused on rewarding investors while keeping drilling budgets in check. Exxon tripled its share-
US Plan to Increase Domestic Energy While Cutting Emissions is Going to Need a Lot of Help
April 29, 2022
FN Media Group Presents USA News Group News Commentary Vancouver, BC ȁ…
Oil up for fourth day; supply fears outweigh China lockdowns
April 29, 2022
CNBC Oil prices rose for a fourth day on Friday as fears over Russian supply disruption trumped COVID-19 lockdowns in China, the world’s biggest crude importer. Brent crude futures rose 2% to $109.73 per barrel. The front-month June contract expires later on Friday. The more active July contract rose $1.54 to $108.80. U.S. West Texas Intermediate crude gained 1.25% to trade
U.S. rig count had an increase of 3 this week, at 698
April 29, 2022
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 3 over last week, resulting in a total count of 698 rigs. Canada had a decrease of 6 over last week, resulting in a total Canadian count of 95 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Permian, and
Chevron raises Permian Basin oil production growth target to 15%
April 29, 2022
World Oil (Bloomberg) — Chevron Corp. lifted its production target in North America’s biggest oil field in a sign that U.S. shale is responding to $100-a-barrel crude despite rising cost pressures and equipment shortages. Chevron will produce the equivalent of about 725,000 barrels of oil daily in the Permian Basin this year, a 15% increase from 2021, the company said
Could Elliott’s Attack Really Create Value for Suncor Energy Investors?
April 29, 2022
While Canadian energy bigwigs are making respective record highs this year, the country…
Imperial announces first quarter 2022 financial and operating results
April 29, 2022
Highest first quarter net income in over 30 years of $1,173 million with Upstream inc…
