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Statements

Statements
2016, August, 3, 18:30:00

NABORS NET LOSS $583 MLN

Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today reported second quarter 2016 operating revenues of $571.6 million, compared to operating revenues of $597.6 million in the first quarter. Net income from continuing operations for the quarter was a loss of $186.6 million, or ($0.65) per diluted share, compared to a loss of $396.6 million, or ($1.41) per diluted share, last quarter. Net income from continuing operations for the second quarter includes a loss of $0.39 per share due to impairments and losses related to disposed businesses and assets. The largest component, totaling $0.34 per share, is comprised of an impairment to the carrying value of the Company's investment in C&J Energy Services Ltd. ("C&J") and its proportionate share of C&J losses from the prior quarter. In addition, the second quarter benefitted from the renegotiation of two contracts, as well as early termination revenue that improved reported net income by $24.1 million or $0.09 per share.

Statements
2016, August, 1, 18:40:00

EXXON NET INCOME $3.5 BLN

Exxon Mobil Corporation announced estimated second quarter 2016 earnings of $1.7 billion, or $0.41 per diluted share, compared with $4.2 billion a year earlier. The results reflect sharply lower commodity prices, weaker refining margins and continued strength in the Chemical segment.

Statements
2016, August, 1, 18:35:00

CHEVRON NET LOSS 2.2 BLN

Chevron Corporation (NYSE: CVX) reported a loss of $1.5 billion ($0.78 per share – diluted) for second quarter 2016, compared with earnings of $571 million ($0.30 per share – diluted) in the second quarter of 2015. Included in the quarter were impairments and other non-cash charges totaling $2.8 billion, partially offset by gains on asset sales of $420 million. Foreign currency effects increased earnings in the 2016 second quarter by $279 million, compared with a decrease of $251 million a year earlier. Sales and other operating revenues in second quarter 2016 were $28 billion, compared to $37 billion in the year-ago period.

Statements
2016, July, 29, 18:45:00

ENI NET LOSS €1.2 BLN

Claudio Descalzi, Eni’s Chief Executive Officer,commented: "Eni has achieved significant results in the first half of 2016,despite the weak but slowly improving market environment. Hydrocarbon production beat expectations, offsetting the suspension of activity in Val d’Agri and the disruptions in Nigeria. Our main developments are proceeding on time and on budget,allowing us to confirm our expected production growth of more than 5% in 2017."

Statements
2016, July, 29, 18:40:00

CONOCO NET LOSS $2.54 BLN

ConocoPhillips (NYSE: COP) reported a second-quarter 2016net loss of $1.1 billion,or ($0.86) per share, compared with a second-quarter 2015 net loss of $179 million, or ($0.15) per share. Excluding special items, second-quarter 2016 adjusted earnings were anet loss of $985 million, or ($0.79) per share, compared with second-quarter 2015 adjusted earnings of $81 million, or $0.07 per share. Special items for the current quarter were related to non-cashimpairments in the Lower 48, primarily in the Gulf of Mexico; pension settlement expense; deferred tax adjustments; and a gain onan asset sale.

Statements
2016, July, 29, 18:35:00

TOTAL NET INCOME $3.7 BLN

"Total captured the benefit of this rebound, and adjusted net income rose to $2.2 billion in the second quarter 2016 (versus the first quarter), an increase of 33 percent compared to the first quarter,"

Statements
2016, July, 29, 18:30:00

PEMEX NET LOSS $7.7 BLN

Mexican state oil company Petróleos Mexicanos on Thursday said it recorded an after-tax loss of $4.4 billion in the second quarter, as lower oil prices and output hit sales and hefty exchange losses boosted its financial costs.

Statements
2016, July, 28, 19:00:00

SHELL PROFIT DOWN 72%

"Looking through the cycle, our investment plans and portfolio actions are focused firmly on reshaping Shell into a world-class investment case through stronger, sustained and growing free cash flow per share".

Statements
2016, July, 28, 18:55:00

TRANSCANADA NET INCOME $365 MLN

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced net income attributable to common shares for second quarter 2016 of $365 million or $0.52 per share compared to $429 million or $0.60 per share for the same period in 2015.

Statements
2016, July, 28, 18:50:00

ANADARKO NET LOSS $1.7 BLN

"Our portfolio continues to perform exceptionally well, and we've continued to significantly reduce our cost structure throughout the year," said Al Walker, Anadarko Chairman, President and CEO.

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