Marathon Oil’s Net Profit Increased by Almost 20% in the Second Quarter
In the second quarter of 2024, the American oil company Marathon Oil increased its net profit and revenue, and also confirmed the annual production forecast. In April–June, the company‘s net income increased to $349 million, or 62 cents per share, from $287 million, or 47 cents per share, a year …
Baker Hughes Increases Net Profit by 41% in Q2
American oilfield services company Baker Hughes Co. increased its net profit by 41% in the second quarter, with adjusted figures and revenue exceeding market expectations. The company’s net profit in April-June 2024 amounted to $579 million versus $410 million a year earlier. Earnings per share increased to $0.58 from $0.4. …
Gazprom Neft’s Revenue for the First Half of 2024 Exceeded RUB 2 Trillion
Gazprom Neft’s revenue for the first half of 2024 amounted to RUB 2 trillion, an increase of 30.1% compared to the first half of 2023; Gazprom Neft’s net profit in the first half of 2024 increased by 7.9%, amounting to RUB 328.5 billion. Gazprom Neft publishes consolidated data of the …
Halliburton Reduced Net Profit in the First Quarter by 7%
American oilfield services company Halliburton Co. reduced net profit in the first quarter by 7%, although revenue grew by 2%. As stated in the company’s press release, its net profit in January-March amounted to $606 million compared to $651 million for the same period the previous year. Earnings per share …
Oilfield Service Company SLB Increased Net Profit by 14% in the First Quarter
US oil services company SLB (formerly Schlumberger) increased its net profit by 14.4% in the first quarter of 2024, driven by growth in international markets. Net income in the January-March period was $1.068 billion, or 74 cents per share, compared with $934 million, or 65 cents per share, in the …
Alliance Oil: Interim Report for the Quarter and Six Months Ended 30 June 2013
Quarter ended 30 June 2013 Revenue of MUSD 906.6, up 11% from Q2 2012. EBITDA of MUSD 173.1, up 30% from Q2 2012. Profit before tax of MUSD 59.3, up 102% from Q2 2012. Currency exchange loss of MUSD 19.8 negatively affected profit before tax. Profit for the period of …
Rosneft Posts Record Quarterly Net Profit Of 181 Billion Rubles, 4.1% Higher Daily Hydrocarbon Production And Finalises JV With Itera
Hydrocarbon production (including production by subsidiaries and share in production by affiliated companies) increased 3.4% over the first nine months of 2012 compared to the same period last year to 2,662 th. boepd. Daily crude oil production grew 2.1% in line with the revised plan to boost production 2% in …
Lukoil Net Income Excluding Non-Recurrent Write-Off Reached $11.3 Billion in 2011, Free Cash Flow Amounted to $7.2 Billion
LUKOIL has published consolidated US GAAP financial statements for 2011. The Company’s 2011 net income rose by 15.0% and reached $10,357 million. EBITDA (earnings before interest, taxation, depreciation and amortization) rose by 15.9% and reached $18,606 million in 2011. Sales revenues were $133,650 million (+27.3% y-o-y). The positive dynamics of …
TNK-BP Reports Strong 2011 Results: Record High Net Income of $9.0bn
“TNK-BP has once again produced a set of record operational and financial results,” said Mikhail Fridman, Executive Chairman of TNK-BP Ltd. “The Company delivered record production of 1,784 mboe/d and increased refining throughput by 2% to 747mb/d. Also, we have completed international acquisitions in Vietnam, where we have commenced our first offshore …