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Plains All American Boosts Earnings Outlook as Fuel Demand Recovers

2021-08-04 15:35:15| OGI

Plains All American Pipeline LP on Aug. 3 raised its forecast for 2021 adjusted core income, as the oil and gas sector benefits from easing travel curbs and a recovering economy firing up fuel demand.

Tags: american demand fuel outlook

Kinder Morgan Trims Annual Earnings Outlook on Lower Volumes

2021-07-22 11:10:00| OGI

Pipeline operator Kinder Morgan took a non-cash impairment charge of $1.6 billion in the second quarter related to anticipated lower volumes and rates on contract renewals for its South Texas natural gas processing and gathering assets.

Tags: lower annual kinder morgan

Zoom Video beats earnings outlook, sees further strong growth in new year

2020-03-05 08:47:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications reported better-than-expected results for its fiscal fourth quarter to January and full year. Quarterly revenues jumped 78 percent year-on-year to USD 188.3 million, and adjusted operating profit more than tripled, to USD 38.4 million from USD 9.8 million a year earlier. Net profit improved to USD 15.3 million from USD 1.2 million, and the adjusted EPS rose to USD 0.15, double the 7 cents forecast.

Tags: new year video strong

Oilfield Services Firm NexTier Raises Earnings, Revenue Outlook

2020-01-08 14:45:42| OGI

NexTier Oilfield Solutions on Jan. 7 raised its fourth quarter earnings and revenue guidance, according to a presentation at a Miami energy conference.

Tags: services firm revenue outlook