By Shadia Nasralla Q1 adjusted earnings $5.58 billion above forecast $4.96 billion Will buy back shares worth $3.5 billion in next three months Contrasts with BP that cut buybacks this year CEO says would rather buy back more shares than bid for BP LONDON, May 2 (Reuters) – Shell (SHEL.L) exceeded analyst expectations on Friday, …
Shell Profit Beats Expectations, Buybacks Kept Steady Read More »
Summary Exxon on track to meet annual share repurchase target Lower-cost production in Permian, Guyana helps boost earnings Oil and gas production up from a year ago Shares rise about 1% in pre-market trade HOUSTON, May 2 (Reuters) – Exxon Mobil on Friday beat Wall Street’s estimate for first-quarter profit as higher oil and gas production …
Exxon Beats Wall Street Profit Estimate, Boosted by Guyana and Permian Production Read More »
Summary Chevron maintains dividend and share buyback strategy despite lower crude prices Production flat year-over-year, impacted by asset sales Chevron’s Q1 oil and gas earnings drop from previous year HOUSTON, May 2 (Reuters) – Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but said it would spend less on share repurchases in …
Chevron Meets Wall Street Profit Estimates But Buts Buybacks in Q2 Read More »
Venture Global has raised $3 billion in debt finance towards the construction of its CP2 LNG plant in Louisiana, which would be the largest single liquefied natural gas plant in the U.S., the company said on Thursday. Venture Global is the U.S.’ second-largest LNG exporter and has played a key role in making the country …
Venture Global Raises $3 Billion Towards Building CP2 Louisiana LNG Plant Read More »
EOG Resources said it bolted on undeveloped core Eagle Ford Shale acreage in Atascosa County, Texas, and made a discovery offshore Trinidad.
Comstock Energy’s Olajuwon Pickens #1H “shoots and scores” 41 MMcf/d from a 10,306 ft lateral—adding Freestone County, Texas, to what is now a three-county play.
Orion, which holds 53,000 mineral acres in the Bakken, Permian Basin and other shale plays, said it’s also considering re-entering its Eagle Ford Shale assets.
Riverbend Energy Group continues to rebuild a non-operated portfolio in the Delaware and Williston basins.
The Coastal Virginia Offshore Wind project is 55% complete as the U.S. offshore wind sector faces continued headwinds.
(Reuters) – The United States in April equaled its record for the largest volume of liquefied natural gas exported as capacity increased with the ramp-up of Venture Global’s Plaquemines plant, LSEG data showed. The U.S. is already the world’s largest exporter of LNG and its capacity is expected to grow 20% in 2025 to 115 …
