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Hess Posts Smaller Loss as Fuel Demand Picks Up

2021-01-27 14:59:10| OGI

Hess said its average realized crude oil selling price, excluding hedges, rose to $39.45 per barrel in the fourth quarter from $36.17 in the third.

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NextEra Energy Posts Loss on $1.2 Billion Mountain Valley Pipeline Charge

2021-01-26 16:15:23| OGI

Regulatory delays on Appalachian natural gas pipe have cast doubt on its in-service date.

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Occidental Petroleum Posts Fourth Straight Adjusted Loss

2020-11-09 22:30:00| OGI

Occidental Petroleum has been forced to slash jobs, production and the value of its oil and gas assets as it struggles with the debt taken on in last year's $38 billion acquisition of Anadarko Petroleum.

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Exxon Mobil Posts Third Straight Quarterly Loss While Chevron Reports Profit

2020-10-30 14:45:00| OGI

Oil companies last quarter continued to suffer from weak prices for their products, but rivals Chevron, Shell and BP also posted higher-than-expected results after deep cost cuts this year.

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ConocoPhillips Posts Smaller-than-expected Loss as Oil Prices Recover

2020-10-29 14:21:16| OGI

ConocoPhillips reported a loss of $500 million, or 42 cents per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share.

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