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Apache Reports Surprise Adjusted Profit On Higher Shale Output
2020-02-27 15:34:31| OGI
Production from the Permian, the largest U.S. oil field and the center of the countrys shale industry, rose 13% to 288,043 barrels of oil equivalent per day (boe/d), while total production rose marginally to 487,202 boe/d.
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Telenor offers higher dividend after drop in profit in 2019, sees return to underlying EBITDA growth in 2020
2020-01-29 08:52:00| Telecompaper Headlines
(Telecompaper) Telenor has increased its dividend by 4 percent to NOK 8.7 per share, despite a drop in net profit over the past year due to divestments and provisions. Cash flow also turned negative after the acquisition of DNA in Finland. Underlying EBITDA fell 2.6 percent, in line with its outlook, and Telenor said it aims to return the figure to growth of 2-4 percent in the new year. Organic revenue growth is estimated flat to 2 percent higher this year, after a 1.2 percent rise in 2019.
Nike Q2 profit surges as higher prices offset tariffs
2019-12-20 13:50:00| Daily apparel & textile news and comment - from just-style.com
US sporting goods giant Nike Inc has booked a 32% jump in second quarter profit after higher prices helped offset US trade tariffs.
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Higher Crude Transportation Fuels Enbridges Profit Beat
2019-11-08 15:18:53| OGI
The company said it expects several of its growth projects to be operational in 2019, including the $700-million Gray Oak pipeline.
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Marathon Profit Plunges As Weak Prices Offset Higher Shale Output
2019-11-07 11:49:12| OGI
Marathon Oil Corp. reported a 44.5% fall in quarterly adjusted profit on Wednesday, as weak crude and gas prices limited gains from higher output in its U.S. shale basins.
Tags: prices
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