Earnings

4Q2019 Earnings: Hess Touts ‘Lean Manufacturing,’ Technology in Driving Down Bakken Costs

Hess Corp. is doing more with less, with the Bakken Shale continuing to drive a significant portion of oil and natural gas production growth at the same time 2019 spending came in lower than expected.

January 29, 2020

4Q2019 Earnings: Hess Touts ‘Lean Manufacturing,’ Technology in Driving Down Bakken Costs

Hess Corp. is doing more with less, with the Bakken Shale continuing to drive a significant portion of oil and natural gas production growth at the same time 2019 spending came in lower than expected.

January 29, 2020

4Q2019 Earnings: Kinder Natural Gas Pipeline Volumes Climb Again Despite Weak Prices

Capital discipline remained a key theme as Kinder Morgan Inc. executives on Wednesday shed light on fourth quarter 2019 earnings and the outlook for 2020. The midstreamer recorded another quarter of increased natural gas volumes, but the weak price environment has taken a toll on recontracting efforts for some assets.

January 23, 2020

4Q2019 Earnings: Kinder Natural Gas Pipeline Volumes Climb Again Despite Weak Prices

Capital discipline remained a key theme as Kinder Morgan Inc. executives on Wednesday shed light on fourth quarter 2019 earnings and the outlook for 2020. The midstreamer recorded another quarter of increased natural gas volumes, but the weak price environment has taken a toll on recontracting efforts for some assets.

January 23, 2020

4Q2019 Earnings: Natural Gas Supply, LNG Demand Solid for Long Term, Says Baker Hughes

Recent spot price weakness and fewer sanctions expected this year for export projects have not changed the overall long-term supply and demand picture for liquefied natural gas (LNG), Baker Hughes Co. CEO Lorenzo Simonelli said Wednesday.

January 22, 2020

4Q2019 Earnings: Natural Gas Supply, LNG Demand Solid for Long Term, Says Baker Hughes

Recent spot price weakness and fewer sanctions expected this year for export projects have not changed the overall long-term supply and demand picture for liquefied natural gas (LNG), Baker Hughes Co. CEO Lorenzo Simonelli said Wednesday.

January 22, 2020

4Q2019 Earnings: Halliburton Right Sizing North American Land Business to Hold Market Share

Halliburton Co. CEO Jeff Miller said Tuesday the company is prepared to face the “biggest test” for the U.S. natural gas and oil industry in five years by following the usual playbook and proactively stacking equipment and cutting expenses.

January 21, 2020

4Q2019 Earnings: Halliburton Right Sizing North American Land Business to Hold Market Share

Halliburton Co. CEO Jeff Miller said Tuesday the company is prepared to face the “biggest test” for the U.S. natural gas and oil industry in five years by following the usual playbook and proactively stacking equipment and cutting expenses.

January 21, 2020

4Q2019 Earnings: Revamping North American Onshore Helps Schlumberger to Persevere

Right-sizing the North America business helped Schlumberger Ltd. overcome an end-of-year slump in Lower 48 activity, while the international business continued to pick up steam.

January 17, 2020
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