Finance
![Finance](/cache/11-18/VARCO-19.425f8544.jpg)
2018, November, 7, 10:40:00
VARCO BUYS $500 MLN
NOV VARCO - National Oilwell Varco, Inc. (NYSE: NOV) announced that its Board of Directors has authorized a share repurchase program to purchase up to $500 million of the Company's outstanding common stock.
![Finance](/cache/11-18/usa-823.4298829a.jpg)
2018, November, 5, 12:05:00
U.S. DEFICIT UP $0.7 BLN TO $54.0 BLN
U.S. BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.0 billion in September, up $0.7 billion from $53.3 billion in August,
![Finance](/cache/10-18/EXXON-50.e6068921.jpg)
2018, November, 5, 11:45:00
EXXON'S NET INCOME $6.24 BLN
EXXONMOBIL - Exxon Mobil Corporation announced estimated third quarter 2018 earnings of $6.2 billion, or $1.46 per share assuming dilution, compared with $4 billion a year earlier.
![Finance](/cache/11-18/PRICE-369.b5539bbe.jpg)
2018, November, 2, 12:01:00
RUSSIA'S GROWTH 2018 - 19: 1.5%
EBRD - Economic growth in Russia is expected to hold steady at 1.5 per cent this year and into 2019 as the positive impact of higher oil prices is offset by the negative economic consequences of sanctions imposed by the United States of America and the European Union (EU), said the European Bank for Reconstruction and Development (EBRD).
![Finance](/cache/11-18/EGYPT-28.efbffe3c.jpg)
2018, November, 2, 11:55:00
EGYPT'S GDP UP TO 5.3%
IMF - Egypt's GDP growth accelerated from 4.2 percent in 2016/17 to 5.3 percent in 2017/18 while unemployment declined to below 10 percent.
![Finance](/cache/09-18/BP-91.d8033bb1.jpg)
2018, November, 2, 11:45:00
BP - BHP ACQUISITION: $10.5 BLN
BP - BP has completed the $10.5 billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade BP’s U.S. onshore oil and gas portfolio and help drive long-term growth.
![Finance](/cache/11-18/SHELL-79.403f6f1c.jpg)
2018, November, 2, 11:40:00
SHELL EARNINGS $5.6 BLN
SHELL - CCS earnings attributable to shareholders excluding identified items were $5.6 billion, compared with $4.1 billion in the third quarter 2017. Earnings primarily benefited from increased realised oil, gas and LNG prices as well as higher contributions from trading in Integrated Gas, partly offset by lower margins in Downstream, higher deferred tax charges in Upstream and adverse currency exchange effects.
![Finance](/cache/11-18/SHELL-80.0cdacbe9.jpg)
2018, November, 2, 11:35:00
SHELL: THE SECOND BUYBACK
SHELL - Royal Dutch Shell plc (the ‘company’) announces the commencement of trading in the second tranche of its share buyback programme previously announced on July 26, 2018. The company’s intention is to buy back at least $25 billion of its shares by the end of 2020, subject to further progress with debt reduction and oil price conditions.
![Finance](/cache/11-18/REPSOL-18.9ea44347.jpg)
2018, November, 2, 11:30:00
REPSOL NET INCOME €2.171 BLN
REPSOL - Repsol posted net income of 2.171 billion euros in the first nine months of the year, an increase of 37% over the same period of the previous year, and the highest 9-month result in the last decade.
![Finance](/cache/11-18/transcanada-15.7042bc1e.jpg)
2018, November, 2, 11:25:00
TRANSCANADA'S NET INCOME $928 MLN
TRANSCANADA - TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) announced net income attributable to common shares for third quarter 2018 of $928 million or $1.02 per share compared to net income of $612 million or $0.70 per share for the same period in 2017.
![Finance](/cache/11-18/NOBLE-5.9b6637f4.jpg)
2018, November, 2, 11:20:00
NOBLE NET INCOME $227 MLN
NOBLE ENERGY - The Company reported third quarter net income attributable to Noble Energy of $227 million, or $0.47 per diluted share. Net income including noncontrolling interest was $248 million.
![Finance](/cache/10-18/M-A-1.6e3bfc59.jpg)
2018, October, 31, 13:15:00
OIL & GAS CONSOLIDATION
PLATTS - Consolidation through the oil and gas sector is heating up, spurred in many cases by too many small companies, lack of operator scale, profits and in the oilfield services segment, an inability to raise prices after the recent downturn, industry executives said
![Finance](/cache/10-18/bp-90.26bf7377.jpg)
2018, October, 31, 12:55:00
BP PROFIT $3.9 BLN
BP - For the third quarter, underlying RC profit was $3,838 million, compared with $1,865 million in 2017. Underlying RC profit is after adjusting RC profit for a net charge for non-operating items of $649 million and net adverse fair value accounting effects of $98 million (both on a post-tax basis). RC profit was $3,091 million for the third quarter, compared with $1,379 million in 2017.
![Finance](/cache/10-18/ANADARKO-8.f19978e9.jpg)
2018, October, 31, 12:50:00
ANADARKO NET INCOME $363 MLN
ANADARKO - Anadarko Petroleum Corporation (NYSE: APC) announced 2018 third‑quarter results, reporting net income attributable to common stockholders of $363 million, or $0.72 per share (diluted).
![Finance](/cache/10-18/KMG-1.0568feda.jpg)
2018, October, 31, 12:45:00
KAZMUNAIGAS IPO: $6.5 BLN
FT - Kazakhstan’s state-run oil and gas company KazMunaiGas is finalising plans for an initial public offering that could raise as much as $6.5bn, in what could be central Asia’s largest ever stock market listing.