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Shale Gas Producer Cabot Raises Dividend As Quarterly Profit More Than Doubles

2019-04-26 15:05:34| OGI

Marcellus shale gas producer Cabot Oil & Gas raised its dividend by 29% after its quarterly profit handily beat analysts' estimates on better-than-expected production and higher prices.

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Amazon posts fourth quarter of record profit

2019-04-25 23:29:44| BBC News | Business | UK Edition

The online retailer and cloud computing provider said net profit more than doubled to $3.56bn

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Anadarko Petroleum Quarterly Profit Falls 7.2%

2019-04-25 23:00:52| OGI

Anadarko Petroleum, which is the target of a bidding war between Occidental Petroleum and Chevron, reported a 7.2% fall in adjusted quarterly profit on April 25, as it sold oil at lower prices.

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Hess Posts Surprise Profit On Higher Bakken, Gulf Of Mexico Output

2019-04-25 14:15:30| OGI

The company said production from Bakken rose 17%  to 130,000 barrels of oil equivalent per day (boe/d), while output from its offshore GoM operations rose nearly 71% to 70,000 boe/d.

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Facebook revenues lift 26% in Q1 but profit hit by legal expenses

2019-04-25 08:52:00| Telecompaper Headlines

(Telecompaper) Facebook continued its upward rise in the first quarter, with revenues advancing 26 percent from the year before to USD 15.077 billion. Advertising revenue made up the bulk of the total, and was also up 26 percent, to USD 14.912 billion. Mobile advertising revenue made up 93 percent of that figure, from 91 percent the year earlier. 

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