Companies
2018, August, 8, 11:45:00
ROSNEFT UP BY 2.8 TIMES
ROSNEFT - 2Q 2018 net income attributable to Rosneft shareholders jumped by 2.8 times QoQ and reached RUB 228 bln (USD 3.6 bln) on the back of operating income growth, FX impact and one-off gain from recognizing net income from the share acquisition in upstream JV with a foreign partner and recognition of fair value of previously held interest in JV.
2018, August, 8, 11:40:00
ROSNEFT BUYS $2 BLN
ROSNEFT - In line with strategic initiatives announced by Rosneft on April 25, 2018, the Board of Directors of Rosneft Oil Company approved the terms and launch of the open market share buyback program, which would also cover the holders of depositary receipts, in the amount of up to US$2bn (the "Program").
2018, August, 8, 11:35:00
PETROBRAS NET INCOME R$ 17 BLN
PETROBRAS - Petrobras reported net income of R$ 17 billion in the first half of 2018. The positive result was mainly influenced by the increase in international oil prices, associated with the depreciation of the Brazilian Real against the US dollar. In the same period, net debt fell 13% compared to December 2017, to US$ 73.66 billion.
2018, August, 3, 09:00:00
NOBLE NET LOSS $628 MLN
NOBLE - Noble Corporation plc (NYSE: NE, the Company) reported a net loss attributable to the Company for the three months ended June 30, 2018 of $628 million, or $2.55 per diluted share, on revenues of $258 million. The results included a non-cash charge totaling $793 million, or $2.06 per diluted share, ($507 million, net of tax and noncontrolling interests) relating to the impairment of three rigs and certain capital spares. Excluding the non-cash charge, the Company's net loss attributable to Noble Corporation for the three months ended June 30, 2018 would have been $121 million, or $0.49 per diluted share.
2018, August, 1, 09:05:00
BP PROFIT $2.8 BLN
BP - BP’s profit for the second quarter and half year was $2,799 million and $5,268 million respectively, compared with $144 million and $1,593 million for the same periods in 2017.
2018, August, 1, 08:55:00
PEMEX NET LOSS MXN 163 BLN
PEMEX - Pemex achieved total sales for 254 billion pesos in the second quarter of 2018, a figure 36% higher than the result obtained during the same quarter of the previous year. Operating yields were 120 billion pesos, a growth almost 37% greater than the second quarter of 2017. Operation, management, distribution and sales costs remained stable and aligned with the current austerity and expenditure policies.
2018, July, 30, 13:40:00
PETROBRAS NEEDS CHINA
REUTERS - The new supply could enlarge Brazil’s market share in China as buyers there cut oil imports from the United States following Beijing’s announcement it would impose tariffs on U.S. crude in retaliation against similar moves by Washington.
2018, July, 30, 13:30:00
EXXONMOBIL EARNINGS $4 BLN
EXXONMOBIL - Exxon Mobil Corporation announced estimated second quarter 2018 earnings of $4 billion, or $0.92 per share assuming dilution, compared with $3.4 billion a year earlier. Cash flow from operations and asset sales was $8.1 billion, including proceeds associated with asset sales of $307 million. During the quarter, the corporation distributed $3.5 billion in dividends to shareholders. Capital and exploration expenditures were $6.6 billion, up 69 percent from the prior year, reflecting key investments in Brazil, the U.S. Permian Basin and Indonesia.
2018, July, 30, 13:25:00
CHEVRON EARNINGS $3.4 BLN
CHEVRON - Chevron Corporation (NYSE: CVX) reported earnings of $3.4 billion ($1.78 per share – diluted) for second quarter 2018, compared with $1.5 billion ($0.77 per share – diluted) in the second quarter of 2017. Included in the current quarter was a receivable write-down of $270 million charged to operating expense. Foreign currency effects increased earnings in the 2018 second quarter by $265 million, compared with an increase of $3 million a year earlier.
2018, July, 30, 13:20:00
ENI NET PROFIT €1.2 BLN
ENI - Group results
Adjusted operating profit: €2.56 billion, up by 152% on a quarterly basis; €4.94 billion in the first half (up by 73% vs. first half of 2017).
Adjusted net profit: €0.77 billion, up by 66% q-o-q; €1.74 billion, up by 45% in the first half of 2018.
Net profit: €1.25 billion in the second quarter (€2.20 billion in the first half).
2018, July, 30, 13:15:00
WEATHERFORD NET LOSS $264 MLN
WEATHERFORD - Weatherford’s non-GAAP net loss for the second quarter of 2018, which excludes unusual charges and credits, was $156 million,
or $0.16, diluted loss per share. This compares to a $188 million non-GAAP net loss in the prior quarter, or $0.19 diluted loss per share, and a $282 million non-GAAP net loss for the second quarter of 2017, or $0.28 diluted loss per share.
2018, July, 27, 12:25:00
BP GAS INVESTMENT $10.5 BLN
BP - “This is a transformational acquisition for our Lower 48 business, a major step in delivering our Upstream strategy and a world-class addition to BP’s distinctive portfolio. Given our confidence in BP’s future – further bolstered by additional earnings and cash flow from this deal – we are increasing the dividend, reflecting our long-standing commitment to growing distributions to shareholders.”
2018, July, 27, 12:20:00
SHELL EARNINGS $4.7 BLN
SHELL - the main numbers for this quarter:
$4.7 billion earnings on a current cost of supplies basis excluding identified items.
$9.5 billion cash flow from operations
$9.5 billion free cash flow
and all of this at an oil price of $74 per barrel.
Return on average capital employed reached 6.5%.
Since the beginning of the year we reduced net debt by some $4 billion and gearing was 23.6% at the end of the second quarter.
This performance builds upon the strong results delivered in 2017.
2018, July, 27, 12:15:00
CONOCO NET INCOME $1.64 BLN
CONOCOPHILLIPS - ConocoPhillips (NYSE: COP) reported second-quarter 2018 earnings of $1.6 billion, or $1.39 per share, compared with a second-quarter 2017 loss of $3.4 billion, or ($2.78) per share. Excluding special items, second-quarter 2018 adjusted earnings were $1.3 billion, or $1.09 per share, compared with second-quarter 2017 adjusted earnings of $0.2 billion, or $0.14 per share. Special items for the current quarter were primarily driven by an unrealized gain on Cenovus Energy equity and recognition of deferred licensing revenue, partially offset by pension settlement expense.
2018, July, 27, 12:10:00
NOVATEK'S PROFIT RUB 32 BLN
NOVATEK - In the second quarter and the first half of 2018, profit attributable to shareholders of PAO NOVATEK increased to RR 32.0 billion (RR 10.63 per share), or by approximately ten-fold, and to RR 75.2 billion (RR 24.93 per share), or by 1.2%, respectively, as compared to the corresponding periods in 2017.