Earnings – Page 2 – Oil & Gas 360

Chevron beats estimates as Hess acquisition drives oil production growth

October 31, 2025

(World Oil)– Chevron Corporation reported record oil and gas production in the third quarter of 2025, driven by the integration of Hess Corporation assets and strong performance from core upstream regions including the Permian basin, Gulf of America, Kazakhstan, and Guyana. The company’s global production rose 21% year-over-year to 4.1 million boe per day, its highest on record. The acquisition

TotalEnergies Q3 Earnings Hold Steady Despite Oil Price Dip

October 30, 2025

(Oil Price)– TotalEnergies (NYSE: TTE) reported third-quarter earnings essentially flat from a year earlier, as higher production, strong cash flows, and surging refining margins offset a 10% decline in oil prices. TotalEnergies said on Thursday that its adjusted net income stood at $4 billion for the third quarter, flat compared to $4.1 billion for the same period of 2024. The Q3 net

Shell earnings rise on record deepwater output, LNG strength

October 30, 2025

(World Oil)– Shell plc reported strong third-quarter 2025 results, underpinned by record production from its deepwater assets in Brazil and the Gulf of America, as well as robust performance across its LNG and Marketing divisions. Adjusted earnings reached $5.4 billion, while cash flow from operations (CFFO) totaled $12.2 billion, reflecting higher volumes and stronger trading and optimization results compared to

Athabasca Oil announces 2025 third quarter results highlighted by consistent operational performance, continued share buybacks and a pristine financial position

October 30, 2025

(BOE Report)– CALGARY, Alberta, Oct. 29, 2025 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its third quarter results marked by consistent operational performance across all assets, strong financial performance, and delivery on its return of capital commitments. With low corporate break-evens, a portfolio of long-life assets and a pristine balance sheet, the

Valero trumps Q3 earnings estimates as refining margins soar

October 23, 2025

(Oil Price)– Valero Energy Corporation (NYSE: VLO) easily beat analyst forecasts of third-quarter earnings as refining margins surged by 44% from a year earlier, exceeding the average increase in U.S. refining margins. Valero reported on Thursday an adjusted net income of $1.1 billion, or $3.66 per share, for the third quarter of 2025. This compares to $371 million, or $1.16 per share,

SLB exceeds profit expectations on strong North American demand

October 20, 2025

(Oil Price) – The world’s biggest oilfield services provider, SLB (NYSE: SLB), on Friday reported higher-than-expected earnings for the third quarter as revenue from its North American business jumped by 17% from the second quarter and by 14% from a year earlier. SLB booked adjusted earnings per share (EPS) of $0.69 for the third quarter, lower than the second quarter of 2025 and

TotalEnergies sees slight profit increase on higher oil output

October 16, 2025

(World Oil)– TotalEnergies SE said its third-quarter profit and cash flow may rise slightly after oil and gas output increased and refining margins jumped from a year earlier, outweighing a drop in crude prices. Despite a drop in oil price of $10 per barrel year-on-year, the results and cash flow from business segments should be flat to 5% higher thanks

Shell’s Q3 profit soars on strong trading and production

October 7, 2025

(Oil Price) – Strong gas trading, higher upstream production and liquefaction volumes, and increased refining margins are expected to boost Shell’s third-quarter earnings, the supermajor said in a trading update on Tuesday. Shell said in its third quarter 2025 update note that trading and optimization in its Integrated Gas division is expected to be “significantly higher” for the third quarter compared

Oil & Gas 360 expands its premium offering with enhanced analytics and market intelligence tool- oil and gas 360

Oil & Gas 360 expands its premium offering with enhanced EnerCom analytics and market intelligence tool

October 6, 2025

(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster decision-making. The enhanced Premium platform brings together multiple resources in one subscription: Valuation & Benchmarking Dashboards

Record Permian output boosts Exxon’s Q2 results

August 1, 2025

(Oil Price)– Despite the slide in oil prices in the second quarter, ExxonMobil (NYSE: XOM) reported on Friday earnings that exceeded analyst estimates on the back of increased oil and gas production in the U.S. Permian shale basin and offshore Guyana. Exxon’s earnings stood at $7.1 billion for the second quarter, or $1.64 per share, as the company achieved its highest

Phillips 66 beats second-quarter profit estimates on higher refining margins

July 25, 2025

(BOE Report)– Refiner Phillips 66 beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins and lower turnaround expenses. Top U.S. refiners were expected to post higher second-quarter profit, rebounding from losses in the prior quarter as stronger-than-expected diesel margins lifted earnings. The improved margins helped peers such as Valero Energy surpass Wall Street estimates.

BP sees lower oil prices denting Q2 profit

July 11, 2025

(Oil Price) – Lower oil and gas prices are expected to dent the second-quarter earnings at BP, despite higher output and stronger refining margins. BP’s realizations in the oil production and operations segment are expected to be $600 million-$800 million lower in the second quarter compared to the first quarter, the supermajor said in a trading statement on Friday ahead of publishing

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