Quarterly

ExxonMobil Boosts Dividend, Posts Profit, While Chevron Swings to Another Loss

ExxonMobil Boosts Dividend, Posts Profit, While Chevron Swings to Another Loss

ExxonMobil Corp., which posted a higher quarterly profit than expected on Friday, raised its quarterly dividend and is keeping its long-term forecast for rising natural gas and oil demand, the investor relations chief said Friday. Meanwhile, Chevron Corp. reported its second straight quarterly loss.

April 29, 2016
ExxonMobil Boosts Dividend, Posts Profit, While Chevron Swings to Another Loss

ExxonMobil Boosts Dividend, Posts Profit, While Chevron Swings to Another Loss

ExxonMobil Corp., which posted a higher quarterly profit than expected on Friday, raised its quarterly dividend and is keeping its long-term forecast for rising natural gas and oil demand, the investor relations chief said Friday. Meanwhile, Chevron Corp. reported its second straight quarterly loss.

April 29, 2016

Shell May Dump Some North American Land After $2B Writedown

Royal Dutch Shell plc has launched a strategic review of its North American oil and gas operations, particularly the unconventional assets, after taking a charge of more than $2 billion on the value of its U.S. and Canadian liquids-rich properties.

August 2, 2013

Big Projects, Maintenance Cut into Chevron Profits

Chevron Corp.’s quarterly earnings fell 4.5% and revenue was off more than 6% from a year ago as the integrated major spent for some big-ticket natural gas projects that won’t be ramping up for years, and it dealt with U.S. refinery maintenance issues, executives said Friday.

April 29, 2013

Chevron Projects, Maintenance Lift Spending, Cut Profits

Chevron Corp. on Friday said quarterly earnings were down 4.5% and revenue was off more than 6% as the integrated major spent for some big-ticket natural gas projects that won’t be ramping up for years, and it dealt with refinery maintenance issues in the United States.

April 29, 2013

Woodford, Bakken Steer ExxonMobil in U.S. Onshore

With production growing 39% in the Ardmore Basin’s Woodford Shale and a 75% increase in Bakken output, ExxonMobil Corp. plans to forge ahead with liquids and crude oil unconventional opportunities in North America, and keep its substantial natural gas prospects for better days, the investor relations chief said Thursday.

April 26, 2013
Shale’s Ethane Boom Gives Westlake Chemical Advantage

Shale’s Ethane Boom Gives Westlake Chemical Advantage

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) coming out of North American shale plays, CEO Albert Chao told analysts during a conference call Tuesday.

February 20, 2013

Apache Feeling the Love in Permian, Midcontinent

Apache Corp. is taking no prisoners in the Permian Basin nor in the Midcontinent after building output from the combined regions by almost 24% in 2012 from 2011. By themselves, the two regions represented 25% of total global production at 197,000 boe/d.

February 18, 2013

Testing Helps EOG Boost Eagle Ford Oil Reserves to 2.2 Billion Boe

EOG Resources Inc. said it now holds 2.2 billion boe of potential recoverable crude oil reserves in the Eagle Ford Shale — reportedly the largest share net to one company in the last 40 years — and plans to continue focusing on oil production in 2013, after posting large increases in oil, condensate and natural gas liquids (NGL) production the year before.

February 15, 2013
Gulfport Gas Output Up, Oily Production Falls

Gulfport Gas Output Up, Oily Production Falls

Gulfport Energy Corp., which released its 4Q2012 and full-year operations results on Wednesday, reported strong natural gas growth in the onshore, with falling oil and natural gas liquids (NGL) output.

February 8, 2013
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