Friday, February 28, 2025
Diamondback Energy, Inc. announces fourth quarter and full year 2024 financial and operating results; increases base dividend- oil and gas 360

Diamondback Energy, Inc. announces fourth quarter and full year 2024 financial and operating results; increases base dividend

(Oil & Gas 360) – MIDLAND, Texas, Feb. 24, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. FOURTH QUARTER 2024 HIGHLIGHTS Average production of 475.9 MBO/d (883.4 MBOE/d) Net cash provided by operating activities of $2.3 billion; Operating Cash Flow

PetroTal announces Q1 2025 dividend declaration- oil and gas 360

PetroTal announces Q1 2025 dividend declaration

(Oil & Gas 360)  (USD $0.015/share dividend payable March 14, 2025 Calgary, Alberta and Houston, Texas–(Newsfile Corp. – February 20, 2025) – PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) (“PetroTal” or the “Company“) is pleased to announce that its Board of Directors has declared a cash dividend of USD $0.015 per common share for the first quarter of 2025.

ADNOC Drilling reports record $1.3 billion net profit from 2024- oil and gas 360

ADNOC Drilling reports record $1.3 billion net profit from 2024

(World Oil) – ADNOC Drilling has announced record financial results for the fourth quarter and full year ending December 31, 2024. Full-year revenue $4.03 billion, +32% year-on-year Full-year EBITDA $2.01 billion, +36% year-on-year, 50% margin Full-year net profit $1.30 billion, +26% year-on-year, 32% margin “Our record-breaking financial performance demonstrates our constant commitment to maximizing growth and returns for our shareholders, while

VAALCO Energy announces record production and sales volumes for 2024- oil and gas 360

VAALCO Energy announces record production and sales volumes for 2024

(World Oil) – VAALCO Energy, Inc. has provided an operational update that included record production and sales volumes for 2024. Highlights: Recorded full year 2024 sales volumes of 24,100 to 24,600 working interest (WI) barrels of oil equivalent per day (boed), at the midpoint of its guidance range of 23,500 to 25,100 WI boed; Full year 2024 sales volumes were

Weaker U.S. fracking drags Halliburton earnings below estimates- oil and gas 360

Weaker U.S. fracking drags Halliburton earnings below estimates

(Oil Price) – Halliburton Company (NYSE: HAL) missed analyst estimates for its third-quarter earnings as weaker North American revenues combined with the impact of an August cyberattack and hurricanes in the U.S. Gulf of Mexico dragged profits down. Halliburton, one of the world’s top three oilfield services providers and leader in the U.S. fracking services market, reported on Thursday adjusted net income per

BP earnings top forecasts despite weaker oil prices and refining- oil and gas 360

BP earnings top forecasts despite weaker oil prices and refining

(Oil Price) – BP (NYSE: BP) booked third-quarter earnings above analyst expectations, although the profit was lower from a year earlier and the second quarter amid weaker oil prices and low refining margins. BP reported on Tuesday an underlying replacement cost (RC) profit – its key earnings metric closest to net profit – of $2.3 billion for the third quarter, down by 30%