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Total Beats Quarterly Forecasts Despite Low Oil Price

2020-02-06 22:30:00| OGI

Although Total reported impairments of around $500 million, it said it was better than rivals because it had no exposure to U.S. shale gas.

Tags: total price low oil

 

Qualcomm forecasts mixed Q2 after December quarter tops guidance

2020-02-06 09:12:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported better-than-expected earnings for its fiscal first quarter to December, down only 8 percent year-on-year to USD 0.80 per share, compared to guidance for a drop of 30 percent or more. Revenues increased 5 percent to USD 5.1 billion, near the high end of its outlook. The company said it was starting to benefit from the ramp up of the 5G market. 

Tags: december mixed quarter guidance

 
 

Analyst Forecasts Offshore Oil, Gas Boom To Continue

2020-01-14 17:01:56| OGI

More than $92 billion of new offshore oil and gas projects were given the green light in 2019, a nearly fourfold jump from the decades low in 2016, Rystad, a consultancy in the oil and gas industry, said in a note.

Tags: continue analyst forecasts

 

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