Exxon and Chevron quarterly balance exceeds expectations
Chevron earned USD 14.422 billion in the first 9 months of the year compared to the figure recorded in 2023, while Exxon Mobil earned USD 26.070 billion in the same period
Chevron earned USD 14.422 billion in the first 9 months of the year compared to the figure recorded in 2023, while Exxon Mobil earned USD 26.070 billion in the same period
Petrobras’ oil production dropped 8.2% year-over-year in the third quarter to 2.13 million barrels per day (bpd), reported the company
Shares of BP traded lower after the company revealed its operations update for the second quarter of fiscal year 2024, with oil operations expected to be weak following a strong first quarter
The oil company Chevron announced a net profit of $5.501 billion (approximately €5.146 billion) in the first quarter of 2024, a 16% decrease compared to the same period the previous year
For the entire year 2023, the company’s recurring net income of 136.0 billion reais exceeded analysts’ estimate of 125.0 billion reais surveyed by LSEG, but represented a 24.2% decline compared to the previous year
BP reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts due to weak gas trading results while the firm wrote down a large chunk of a U.S. offshore wind project
BP boosted its dividend and share buybacks after beating expectations with a $2.8 billion second-quarter profit powered by higher oil prices and recovering demand
Chevron reported its highest profit in six quarters and joined an oil industry stampede to reward investors with share buybacks, as rebounding crude oil prices carried earnings and cash flow to pre-pandemic levels
Norway’s Equinor posted a sharp rise in revenue in the second quarter as oil and gas prices rose, but its revenue fell slightly. expected while the Norwegian unit did not get the forecasts
Royal Dutch Shell’s profits leapt to $3.23 billion in the first three months of the year and the energy company raised its dividend as planned but warned that the outlook remained uncertain due to the coronavirus pandemic