Q1 Earnings – Oil & Gas 360

Marathon Petroleum Q1 earnings and revenue beat estimates

April 30, 2024

Oil Price Marathon Petroleum Corp (NYSE: MPC) reported on Tuesday higher-than-expected earnings and revenues for the first quarter despite lower refining margins and profits compared to the same period last year. Marathon Petroleum’s first-quarter net income came in at $937 million, or $2.58 per diluted share, one of the biggest U.S. refiners said today. The earnings per share were slightly higher than

Renewables giant NextEra books higher-than-expected Q1 earnings

April 23, 2024

Oil Price NextEra Energy Inc (NYSE: NEE) reported on Tuesday an 8.3% annual increase in its adjusted earnings per share for the first quarter, which topped analyst expectations, as the world’s largest wind and solar power generator added more customers to its regulated utilities business and boosted renewables capacity. NextEra Energy posted 2024 first-quarter adjusted earnings of $1.873 billion, or $0.91 per

Sanchez Energy First Quarter 2016 Operating and Financial Results

May 10, 2016

HOUSTON, TX–(Marketwired – May 09, 2016) – Sanchez Energy Corporation (NYSE: SN) announced operating and financial results for the first quarter 2016. Highlights include: Total production of 5.1 million barrels of oil equivalent (“MMBoe”) during the first quarter 2016, up approximately 26% over the first quarter 2015 Average production of approximately 56,500 barrels of oil equivalent per day (“Boe/d”), which

TransCanada Reports Solid First Quarter 2016 Financial Results

April 29, 2016

Transformational Changes Position Company for Near- and Long-Term Growth CALGARY, ALBERTA–(Marketwired – April 29, 2016) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for first quarter 2016 of $252 million or $0.36 per share compared to $387 million or $0.55 per share for the same period in 2015. Comparable earnings for first quarter 2016

MPLX LP Reports First Quarter 2016 Financial Results

April 28, 2016

Reported first-quarter adjusted EBITDA of $302 million; distributable cash flow of $236 million Declared distribution of $0.505 per common unit, a 23 percent increase over first-quarter 2015 Announced a $1 billion private placement of convertible preferred securities with third-party investors Completed acquisition of Marathon Petroleum Corporation`s inland marine business, with strong sponsor support for the transaction Reaffirmed guidance of 12

Pioneer Natural Resources First Quarter 2016 Financial and Operating Results

April 28, 2016

DALLAS–(BUSINESS WIRE)–Apr. 25, 2016– Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today reported financial and operating results for the quarter ended March 31, 2016. Pioneer reported a first quarter net loss attributable to common stockholders of $267 million, or $1.65 per diluted share. Without the effect of noncash mark-to-market derivative losses and other unusual items, adjusted results for

Core Lab Q1 2016, Conference Call Recap

April 21, 2016

Free Cash Flow, V-Shaped Recovery, Decline Curves, Balance Coming 2H 2016 Core Laboratories (ticker: CLB; CoreLab.com) reported Q1 earnings on April 20. The company held its earnings call this morning. Here is a recap of what the company reported and discussed in the call. EPS $0.37, ex-FX FCF $43.2 million – share count 42.5 million Paid $23.3 million in dividends,

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