Earnings

Earnings , Unconventional , Shale Plays

Encana CEO: Third Quarter Was ‘Anything But Boring’

The company reported production gains, including in the Anadarko and Permian basins, higher net income, a name change and corporate domicile in the U.S.

October 31, 2019

Earnings , Exploration & Production , Shale Plays

Apache Reorganizes Operations As Oil Prices Remain Weak

Apache said it has reduced drilling activity at Alpine High and deferred completion activity into next year, resulting in a 5% decrease in production from the Permian Basin in the current quarter.

October 31, 2019

Earnings , Exploration & Production , Shale Plays

Continental Resources Profit Plunges On Weak Prices

Continental Resources' total production rose 12% to 332,315 barrels of oil equivalent per day, primarily boosted by higher output at its Bakken shale basin.

October 31, 2019

Earnings , Field Development

Concho Resources Grows Permian Basin Production, Reduces Costs

The company reported Oct. 29 net income of $558 million for third-quarter 2019, compared to a loss of $199 million a year earlier.

October 30, 2019

Earnings , Exploration & Production

Higher Bakken Output Helps Hess Post Smaller Loss, Raise Production View

Production from Bakken rose 38% to 163,000 barrels of oil equivalent per day (boe/d) in the quarter, helping net production, excluding Libya, rise about 4% to 290,000 boe/d.

October 30, 2019

Earnings , Exploration & Production

Concho Resources Misses Profit Estimates On Lower Natural Gas, Crude Prices

Excluding items, Concho’s profit fell to 61 cents per share, below analysts’ average estimate of 69 cents per share, according Refinitiv IBES.

October 30, 2019

Earnings , Technology

Baker Hughes Adjusted Profit Rises On Strong Foreign Demand

Baker Hughes Co. reported a rise in quarterly adjusted profit on Oct. 30, helped by increased demand for its oilfield services and higher margins for its turbomachinery such as gas turbines and compressors.

October 30, 2019

Earnings

Record Output Helps Total Post Smaller Than Expected Profit Slide

French oil major Total reported a smaller than expected third-quarter profit fall as record production growth countered crude and gas price declines that sent profit down 24% year on year.

October 30, 2019

Earnings , Field Development

ConocoPhillips Preps For More Drilling In Alaska

The company reported Oct. 29 third-quarter 2019 earnings of $3.1 billion, up from $1.9 billion a year earlier.

October 29, 2019

Earnings , Shale Plays , Enhanced Oil Recovery , Pressure Pumping

U.S. Silica Sees Lower Frac Sand Demand, Shares Tumble

While sand sales to oil and gas customers fell 1% sequentially, pricing was "significantly lower" with new mines coming online in West Texas and overcrowding the market.

October 29, 2019