Search Results
for Corporate earnings

Oil Majors Turn a Corner, Post Strong Profits in Q3
The oil majors are posting their best quarterly figures in years, an indication that they are adapting to the new price environment. After several years of spending cuts and rising debt, the largest integrated oil companies have turned a corner.

Earnings Show Small Cracks in U.S. Oil Industry
Independent producers are struggling to hit output targets at current price levels while the majors are focusing on becoming more efficient.

Refining Industry Suffers Bad First Quarter, but Poised to Rebound
The oil majors reported very dismal numbers for the first quarter, but earnings exceeded market expectations largely because of earnings from their downstream units: Refining operations have allowed the large integrated oil companies to weather low oil prices much better than upstream E&P companies.

Oilfield Services: North American Market Getting Slammed the Hardest
Although the oilfield service giants will undoubtedly survive, there’s a lot of uncertainty going forward, prompting them to focus on cost per barrel optimization and improving efficiency