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Halliburton Posts Fourth Straight Quarterly Loss as Oil Rout Drags Demand

2020-10-19 15:17:49| OGI

Halliburton still beat analyst estimates earning 11 cents a share versus expectations of 8 cents per share.

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Schlumberger Posts Third Straight Quarterly Loss as Oil Rout Hits Services Demand

2020-10-16 15:18:13| OGI

Total revenue plunged 38% to $5.26 billion.

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Coronavirus-hit Qantas posts 1bn annual loss

2020-08-20 04:32:45| BBC News | Business | UK Edition

The Australian airline's chief executive says trading conditions are the worst in its 100-year history.

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Occidental Petroleum Posts Fourth Straight Quarterly Loss on $6.6 Billion Write-down

2020-08-10 22:30:00| OGI

Occidental Petroleum posted its fourth straight quarterly loss on Aug. 10 as it recorded a $6.6 billion impairment charge, largely to write down the value of its properties following a crash in oil prices.

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Marathon Oil Posts Smaller-than-expected Loss after Reining in Costs

2020-08-06 11:10:00| OGI

Excluding items, Marathon Oil posted a loss of 60 cents per share, smaller than analysts' estimate of 63 cents per share, according to Refinitiv IBES, while Parsley Energy posted a surprise profit.

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