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Precision Drilling announces 2024 first quarter unaudited financial results

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CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This …

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Baker Hughes Company Announces First-Quarter 2024 Results

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First-quarter highlights Orders of $6.5 billion, including $2.9 billion of IET orders. Revenue of $6.4 billion, up 12% year-over-year. Net income attributable to the Company of $455 million. GAAP diluted EPS of $0.45 and adjusted diluted EPS* of $0.43. Adjusted EBITDA* of $943 million, up 21% year-over-year. Cash flows from operating activities were $784 million and free cash flow* was $502 million. Returns to shareholders of $368 million, including $158 million of share repurchases. HOUSTON …

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Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance

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  First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21% First quarter operating income of $233 million increased 26% year-over-year First quarter net income of $112 million, an 8.2% margin, increased 56% year-over-year First quarter adjusted EBITDA* of $336 million, a 24.7% margin and the highest in over 15 …

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Enphase Energy Reports Financial Results for the First Quarter of 2024

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FREMONT, Calif., April 23, 2024 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today financial results for the first quarter of 2024, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $263.3 million …

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Range Announces First Quarter 2024 Results

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FORT WORTH, Texas, April 23, 2024 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2024 financial results. First Quarter 2024 Highlights – Cash flow from operating activities of $332 million Cash flow from operations, before working capital changes, of $308 million Capital spending was $170 million, approximately 26% of the 2024 budget Pre-hedge …

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Baker Hughes Awarded Significant Gas Technology Scope for Phase 3 of Saudi Arabia’s Master Gas System

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  Baker Hughes to supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines Award builds on Master Gas System Phase 1 & 2 agreement, which saw Baker Hughes deliver 18 centrifugal compressors driven by aeroderivative gas turbines New pipeline aims to increase gas distribution across Saudi Arabia, supporting the Kingdom’s ambition to reduce …

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GA Drilling Announces First Close of $15M to Accelerate the Delivery of Deep Geothermal Energy

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Deep geothermal leader secures funding to fuel commercialization and replace fossil fuels HOUSTON, April 18, 2024 (GLOBE NEWSWIRE) — GA Drilling, the leader in deep geothermal, announced the first close of $15 million in financing after a series of successful tests. The investment fuels the commercialization of geothermal technologies to scale the renewable energy source …

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Weatherford Releases 2023 Digital Annual Update

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HOUSTON, April 16, 2024 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced the release of its 2023 Annual Update, highlighting outstanding results for the year. The digital update showcases new technology developments, recent strategic acquisitions, and the Company’s unwavering focus on creating long-term value for customers and investors, paving the …

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Enphase Energy Launches Power Control Software for its Home Solar and Battery Systems

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FREMONT, Calif., April 11, 2024 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of Enphase Power Control software that can integrate with the Enphase® Energy System™ in North America. Enphase Power Control dynamically controls the power produced by an …

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APA Corporation Provides First-Quarter 2024 Supplemental Information and Schedules Results Conference Call for May 2 at 10 a.m. Central Time

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HOUSTON, April 10, 2024 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain first-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the first-quarter 2024. It is provided to assist investors, analysts and others in formulating …

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