Tuesday, January 7, 2025
Oilfield services shine as energy earnings lift off- oil and gas 360

Oilfield services shine as energy earnings lift off

Oil Price We are in the early innings of the earnings season with just 11% of S&P 500 companies having reported Q4 2022 results. Once again, the energy sector is emerging as the class valedictorian, with the sector’s expected earnings growth of 59.3% for the quarter the highest among the 11 U.S. market sectors, and incomparable to the blended earnings decline for the S&P

HighPeak Energy, Inc. announces strategic alternatives process and guidance for 2023 and 2024- oil and gas 360

HighPeak Energy, Inc. announces strategic alternatives process and guidance for 2023 and 2024

Oil and Gas 360 FORT WORTH, Texas, Jan. 23, 2023 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that its Board of Directors (the “Board”) has voted to initiate a process to evaluate certain strategic alternatives to maximize shareholder value, including a potential sale of the Company. Credit Suisse Securities (USA) LLC and Wells

Halliburton announces fourth quarter 2022 results and increases dividend- oil and gas 360

Halliburton announces fourth quarter 2022 results and increases dividend

Oil and Gas 360 HOUSTON–(BUSINESS WIRE)–Jan. 24, 2023– Halliburton Company (NYSE: HAL) announced today net income of $656 million, or $0.72 per diluted share, for the fourth quarter of 2022. This compares to net income for the third quarter of 2022 of $544 million, or $0.60 per diluted share.   Halliburton’s total revenue for the fourth quarter of 2022 was $5.6 billion compared to total revenue of $5.4 billion in the third

OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting, sources say- oil and gas 360

OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting, sources say

Nasdaq LONDON – An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next week, five OPEC+ sources said on Tuesday, as hopes that improved Chinese demand would drive an oil price rally were balanced by economic concerns.   Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by