Third Quarter

TotalEnergies SE posted big gains on the global commodities rally in the third quarter, tapping its integrated structure to supply a world short on energy and sharply reversing the losses it sustained during the pandemic downturn last year. “The global economic recovery, notably in Asia, drove all energy prices sharply higher in the third quarter…

Surging oil and natural gas prices drove higher global demand for NOV Inc.’s oilfield services in the third quarter as orders eclipsed shipments, but “pandemic-related supply chain issues” pressured some projects, CEO Clay Williams said Wednesday. Williams and his management team discussed the Houston-based operator’s third quarter performance and the outlook ahead during a conference…

Solid growth continued across some of the biggest oil and natural gas production regions in the country during the third quarter, but supply costs are rising and executives are a bit more wary than earlier this year, the Federal Reserve Bank of Dallas said Wednesday. The Dallas Fed, as it is known, collected data across…

Ohio’s unconventional oil and natural gas production held steady in the third quarter despite slowing activity across the Appalachian Basin.

Editor’s Note: This is one of a 14-piece series NGI undertook as the energy industry readied for the new year, with Lower 48 natural gas and oil supply continuing to surge in an uncertain environment as liquefied natural gas exports ramp up, Mexico markets remain shrouded and stakeholders demand more value. Get your complimentary copy of NGI’s 2020 Special Report today.

A sequential decline in global natural gas and oil prices during 3Q2019 is expected to impact quarterly profits for ExxonMobil Corp.

Operating efficiencies that allowed earlier than expected turn-in-lines during the third quarter helped Rex Energy Corp. beat guidance for the period and have the company on track to meet its year-end exit rate production growth target of 15-20%.

An unusually active hurricane season and volatile commodity prices bit into Anadarko Petroleum Corp.’s oil and gas sales volumes during the third quarter, but double-digit production gains from its three Ds — deepwater Gulf of Mexico (GOM), Denver-Julesburg (DJ) Basin and the Permian Basin’s Delaware — proved their mettle, CEO Al Walker said Wednesday.

The third quarter earnings season is getting underway in earnest this week, with investors eyeing what the declining onshore rig count may mean as prices have barely budged. Kinder Morgan Inc. was first out the blocks late Wednesday, with the Big Three oilfield services (OFS) operators bookending the weekend, as Schlumberger Ltd. and Baker Hughes, a GE company, sharing their results on Friday and Halliburton Co. reporting on Monday.