SilverBow Resources announces first quarter 2024 financial and operating results
Results top consensus expectations driven by higher production and lower capital expenditures generating record quarterly EBITDA and strong quarterly free cash flow
Results top consensus expectations driven by higher production and lower capital expenditures generating record quarterly EBITDA and strong quarterly free cash flow
LONDON -Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.
The company said it will buy back a …
Hess’ E&P net income was $997 million in Q1 2024, compared with $405 million in Q1 2023. Net production was 476,000 boed in Q1 2024, compared with 374,000 boed in the Q1 2023, primarily due to higher production …
PITTSBURGH, March 4, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT” or the “Company”) today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross production beginning in late February …
Announces Definitive Agreement to Acquire 13,062 NRAS in the DJ Basin for $150 Million(1)
Announces $200 Million Share Repurchase Program and Updated Return of Capital Framework
Closed on Previously Announced Sale of Anadarko and Appalachia
FORT WORTH, Texas, Feb. 06, 2024 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced fourth quarter 2023 expectations for production and pricing with fourth quarter production averaging approximately 2,207 Mmcfe per day. In addition, …
HOUSTON – Chevron Corp on Friday beat analysts’ earnings estimates and increased dividends on higher oil and gas production, after a year of sharply lower profits on missteps and charges. Shares were up 2% in morning trading after …
Record Q4 2023 Sales Volumes Near High End of Guidance ~
~ Further Reduced Debt in Addition to Making Final Payment for the Founders Acquisition ~
THE WOODLANDS, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) — Ring …
January 24, 2024
Summary Results and Highlights
First quarter production increased 35% year-over-year — Two-rig oil development program accelerates oil growth through year-end — Continued cycle time improvements driving greater capital efficiencies
HOUSTON–(BUSINESS WIRE)– SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or
HOUSTON–(BUSINESS WIRE)–ConocoPhillips (NYSE: COP) today reported first-quarter 2023 earnings and adjusted earnings of $2.9 billion, or $2.38 per share, compared with first-quarter 2022 earnings of $5.8 billion, or $4.39 per share, and first-quarter 2022 adjusted …
Fourth-quarter earnings on Wednesday saw Hess Corporation (NYSE:HES) soundly beat Wall Street estimates, with another discovery offshore Guyana playing a significant role in the company’s newly revealed $3.7-billion spending plan for 2023.
In its Q4 2022 financial …
Global oil-and-gas giants including Exxon Mobil, Chevron and Equinor posted huge profits in the third quarter, benefiting from surging energy costs that have boosted inflation around the world and hit consumers hard.
Oil companies booked billions of dollars …
Despite weaker oil prices during the third quarter, the oil industry is still booking strong financial results. According to some, this is “awkward” because it is happening during a time of economic hardship. Besides being awkward, however, Big …
(Bloomberg) — Saudi Arabia’s oil exports reached $31 billion in June, the highest in at least six years, driven by a rally in prices and rising production.
Monthly crude exports topped more than $1 billion a day …
The two largest U.S. oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European majors a day earlier.
The U.S.
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, …
Oasis Petroleum Inc. Provides Return of Capital Plan, Announces Preliminary 2021 Results,…
…Oilfield firm Baker Hughes Co reported quarterly profit that fell short of analyst expectations on Wednesday, in part due to global supply chain issues, sending its shares down sharply in early trading.
Oil service firms are expected to be …
Oil producer Canadian Natural Resources on Thursday set new environmental targets after it beat market estimates for second-quarter profit, buoyed by higher oil prices, which rebounded from pandemic-driven lows.
Cash-rich Canadian oil sands producers have come under pressure to …