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Chevron reported mixed second quarter results Friday along with fellow oil major ExxonMobil.. $CVX net oil-equivalent production rose 9% to 3.08 million bpd as unconventional production in the Permian Basin rose more than 50% to 421,000 ppd.

Oil giant ExxonMobil reported better than expected second quarter earnings Friday before the market with strength in XOM’s upstream business offsetting weakness in the downstream and chemical divisions. Exxon also benefited from a tax-rate change in Alberta, Canada.

Royal Dutch Shell, Europe's largest oil company reported weaker than expected second quarter results Thursday. $RDS.A fell near 5%, their biggest one-day fall since January 2016. Shell’s integrated gas division performed the worst, earnings down 25% year on year.

Independant oil and gas company Whiting Petroleum Corp reported worse than expected second quarter earnings Wednesday with a surprise loss and laying off a third of it's staff. $WLL stock fell over 38% after it guided for lower oil production, higher cash costs and weaker pricing.

Independent oil and natural gas company EOG Resources reported fourth quarter earnings after the market close Thursday that missed on the bottom line but beat in revenues. $EOG Crude oil production grew 18% to 455,700 bpd Total production grew 16% to 812,800 boepd

Independent oil and gas company Concho Resources reported worse than expected second quarter earnings Wednesday. $CXO is the biggest Permian Basin pure-play company in terms of unconventional oil and gas production after its takeover of RSP Permian.

Occidental Petroleum reported better than expected Q2 earnings Wednesday $OXY will become the biggest Permian Basin producer after Anadarko shareholders vote Aug. 8 on the $38 billion sale. ExxonMobil and Chevron report Friday

Canadian Energy natural gas producer Encana Corp reported higher second quarter earnings before the market Wednesday. $ECA total oil and liquids production rose to a record high from its core Anadarko and Permian holdings.

British Oil major BP PLC reported better than expected second quarter earnings Tuesday. $BP citing the improved efficiencies of both its upstream and downstreams segments in the face of falling oil and gas prices.

Transocean, the world’s largest offshore drilling contractor and leading provider of drilling management services reported worse than expected second quarter results Monday with a larger than expected loss, lower revenue and higher expenses.

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