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Large independents Apache Corp. and XTO Energy Inc. had third quarter earnings of $156.8 million and $70.3 million respectively, while Anadarko Petroleum Corp. declared a loss of $270 million.
Texaco Inc. reported second quarter 2001 income before special items of $817 million and net income of $784 million. It said it still expects to complete a merger with Chevron Corp. within the planned 12-month time frame.
El Paso Corp., Houston, Wednesday announced the delay of its fourth-quarter 2003 earnings statement, pending a review of its negative reserves revision and also pending a decision on whether past financial statements will need to be restated.
USX-Marathon Group, Pittsburgh, declared earnings for the third quarter of $193 million. Revenue for the quarter was $8.3 billion.
Husky Energy Inc. reports a sixfold increase in first quarter 2001 earnings to $242 million (Can.) compared with $39 million in first quarter 2000. The company said first-quarter cash flow increased to $620 million from $191 million in first quarter 2000.
by 2017 to tackle the growing refining overcapacity in the Mediterranean basin, the company said in its latest quarterly earnings and strategy presentation. The capacity reduction plan follows poor fourth-quarter 2013 refining margins in the Mediterranean
Oct. 19 in the New York market as disappointing quarterly earnings of some key companies undercut the equity market. “The sell ..... 22 session with traders apparently waiting for quarterly earnings reports and the presidential election to pass, analysts
s president and chief executive officer ( OGJ Online, Feb. 4, 2015 ). Decline in earnings “Statoil’s quarterly earnings were affected by the sharp drop in oil prices ,” Saetre explained. “Our net income was also impacted by specific accounting
of the proposed complex was not disclosed. While Shell made no direct mention of the Iraqi project in its latest quarterly earnings presentation to investors on Jan. 29, Ben Van Beurden, the company’s chief executive officer, did indicate
September 2014 presentation to investors. Other capital projects at El Dorado outlined in HollyFrontier’s latest quarterly earnings report include: • An additional hydrogen plant. • A low-NOx additon to the refinery’s fluid catalytic