Apache Corporation reported first-quarter earnings of $698 million, or $1.76 per diluted common share, and adjusted earnings, which exclude certain items that impact the comparability of operating results, of $806 million or $2.02 per share. During the first quarter, worldwide production increased to 781,819 barrels of oil equivalent (boe) per day driven by a 45 [...]
BG Group,a UK-based oil and gas exploration and production company, today reported a drop in its quarterly earnings. The company earned $1,18 billion in 1Q 2013 The company’s earnings fell 3% when compared with the same period last year when it achieved $1,22 bilion. BG’s production levels were down 3% too. BG Group’s Chief Executive, Chris [...]
Statoil’s first quarter 2013 net operating income was NOK 38.0 billion. Adjusted earnings were NOK 42.4 billion. “We deliver financial results impacted by lower production and reduced prices. We continue to deliver good industrial progress according to plan. As previously announced, production in 2013 will be lower than in 2012. We are on track to [...]
Ensco plc, a U.S.-based drilling contractor, reported diluted earnings per share from continuing operations of $1.36 in first quarter 2013, compared to $1.20 per share in first quarter 2012. Discontinued operations primarily related to rigs and other assets no longer on the Company’s balance sheet resulted in a loss of $0.05 per share a year [...]
Press Release – Aker Solutions has decided to disclose preliminary information on its performance in the first three months of 2013 as the results considerably lag current consensus market estimates. Aker Solutions expects to report revenue of NOK 11.1 billion and earnings before interest, tax, depreciation and amortisation (EBITDA) of NOK 868 million for the [...]
ConocoPhillips today reported first-quarter 2013 earnings of $2.1 billion, or $1.73 per share, compared with first-quarter 2012 earnings of $2.9 billion, or $2.27 per share. First-quarter 2012 reported earnings included $0.7 billion from downstream operations prior to the separation of Phillips 66 on April 30, 2012. Excluding special items, first-quarter 2013 adjusted earnings were $1.8 [...]
Noble Corporation, an international offshore drilling contractor last night reported first quarter 2013 earnings of $150 million, or $0.59 per diluted share, compared to $128 million, or $0.50 per diluted share, for the fourth quarter of 2012 Earnings for the first quarter of 2012 totaled $120 million, or $0.47 per diluted share. Revenues for the [...]
Oceaneering International, Inc. yesterday, February 13, reported record fourth quarter and annual earnings for the periods ended December 31, 2012. For the fourth quarter of 2012, Oceaneering earned net income of $80.6 million, or $0.74 per share, on revenue of $780.9 million. During the corresponding period in 2011, net income was $58.3 million, or $0.54 [...]
BG Group, a UK-based oil and gas company, today announced that its full year 2012 earnings rose 3% to $4.4 billion. The company’s 4Q 2012 earnings dropped 29% to $1 billion The recently appointed, BG Group’s Chief Executive, Chris Finlayson said, “Earnings in the fourth quarter were down 29% to $1.0 billion, primarily as a [...]
U.S. oil giant ExxonMobil today reported earnings of $9,950 million for 4th quarter 2012, an increase of $550 million or 6% from the fourth quarter of 2011. Full year 2012 earnings were $44.9 billion, up 9% from 2011, with record earnings per share of $9.70. As for capital and exploration expenditures ExxonMobil’S Chairman Rex W. [...]
