2014-05-01 18:53:00
CONOCOPHILLIPS 1Q UP
ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported a flat quarterly profit that topped expectations and said production edged higher as output from its North American shale and Canadian oilsands projects rose.
Profit in the first-quarter was $2.1 billion, or $1.71 per share, compared with $2.1 billion, or $1.73 per share in the same quarter a year ago.
Excluding one-time items related to storage and transportation agreements, Conoco had a profit of $1.81 per share.
Analysts on average had expected a profit of $1.56 per share, according to Thomson Reuters I/B/E/S.
Oil and gas production from continuing operations excluding Libya was 1.53 million barrels oil equivalent per day (boed), up 24 million boed from the 2013 first quarter.
Shares of Conoco rose in pre-market trade to $75.45, up 1.5 percent from Wednesday's New York Stock Exchange close.
reuters.com
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October, 15, 12:30:00 |
OIL PRICE: NEAR $81 ANEW |
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October, 15, 12:25:00 |
BAD BOYS: IMF & WBG |
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October, 15, 12:20:00 |
U.S. - CHINA NUCLEAR POLICY |
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October, 15, 12:15:00 |
U.S. - CHINA NUCLEAR SANCTIONS |
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October, 15, 12:10:00 |
IRAN SANCTIONS DOWN |
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October, 15, 12:05:00 |
IRAN - S.KOREA OIL DOWN ANEW |
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Chronicle:
2018, October, 15, 12:01:00
GAZPROM - SHELL: BALTIC LNG
GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).
2018, October, 15, 12:00:00
U.S. RIGS UP 11 TO 1,063
BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.
2018, October, 12, 11:40:00
OIL PRICE: NEAR $81
REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.
2018, October, 12, 11:35:00
OIL PRICES 2018 - 19: $74 - $75
EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.
