Eurasia Journal News

MOL Group 2024 Q1 Results: Solid Performance Amidst Difficult External Circumstances

MOL Group Profit before tax reached USD 382 mn in the first quarter of 2024, 18% and 29% lower quarter-on-quarter and year-on-year Downstream’s results have been affected by the increase of Brent-based refining margins and petrochemicals margins but production decreased due to turnarounds Consumer Services’ results were boosted by an …

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Eurasia Journal News

Gazprom Made a Loss at the End of the Year for the First Time in 25 Years

Gazprom in 2023 received a net loss under IFRS in the amount of 629 billion rubles. A year earlier, the group’s profit amounted to 1.2 trillion rubles. At the end of 2023, Gazprom went to a loss, which amounted to 629 billion rubles. against profit of 1.23 trillion rubles. a …

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Russia Oil Gas Magazine

SLB Announces First-Quarter 2024 Results, Targeting to Return $7 Billion to Shareholders Over 2024–2025

Revenue of $8.71 billion increased 13% year on year GAAP EPS of $0.74 increased 14% year on year EPS, excluding charges and credits, of $0.75 increased 19% year on year Net income attributable to SLB of $1.07 billion increased 14% year on year Adjusted EBITDA of $2.06 billion increased 15% …

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Eurasia Journal News

Nabors Announces Second Quarter 2023 Results

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported second quarter 2023 operating revenues of $767 million, compared to operating revenues of $779 million in the first quarter. The net income attributable to Nabors shareholders for the quarter was $5 million, compared to $49 million in the first …

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Russia Oil Gas Magazine

NOV Reports Third Quarter 2022 Earnings

Revenue of $1.89 billion, up 9% sequentially and 41% year-over-year Operating Profit of $55 million, down $13 million sequentially and up $98 million year-over-year Net Income of $32 million, or $0.08 per fully diluted share Adjusted EBITDA* of $195 million, up $45 million sequentially and $139 million year-over-year *Adjusted EBITDA …

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Eurasia Journal News

Nabors Announces Third Quarter 2022 Results

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported third quarter 2022 operating revenues of $694 million, an increase of approximately 10%, compared to operating revenues of $631 million in the second quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $14 million, or …

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Russia Oil Gas Magazine

Schlumberger Announces Third-Quarter 2022 Results

Q3 2022 Earnings Release, with Financial Tables (263 KB PDF) (To view PDF files, get Adobe Acrobat Reader.) Revenue of $7.5 billion increased 10% sequentially and 28% year on year International revenue of $5.9 billion increased 13% sequentially and 26% year on year North America revenue of $1.5 billion was …

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Eurasia Journal News

Wintershall Dea Q2 2022 Results: Strong Financial Delivery and Stable Operations

Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2022 results. Q2 2022 SUMMARY Stable operational performance, daily production of 623,000 boe for the quarter, 2% higher YoY, full year guidance revised higher to 620,000-640,000 boe/d from 610,000-630,000 boe/d; Strong financial results underpinned by continued …

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Russia Oil Gas Magazine

NOV Reports Second Quarter 2022 Earnings

Revenue of $1.73 billion, up 12% sequentially and 22% year-over-year Net Income of $69 million, or $0.18 per fully diluted share Operating profit of $68 million, up $89 million sequentially and $56 million year-over-year Adjusted EBITDA* of $150 million, up $47 million sequentially and $46 million year-over-year Orders of $670 …

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Russia Oil Gas Magazine

Weatherford Announces Second Quarter 2022 Results and Raises Full-Year Outlook

Full-year revenue outlook increased to mid-teens growth year-over-year Second quarter revenues of $1,064 million increased 13% sequentially, led by strong international growth of 14% Operating income was $104 million, compared to $18 million in the first quarter of 2022 and adjusted EBITDA[1] was $186 million or a 17.5% adjusted EBITDA …

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