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ADJUSTED EBITDA OF $128 MILLION, FREE CASH FLOW OF $32 MILLION AND RETURN ON CAPITAL EMPLOYED OF 15.4% STRONG OPERATIONAL VISIBILITY WITH ES BACKLOG INCREASING TO $1.5 BILLION AT THE END OF Q2/26 ORGANIC GROWTH CAPEX FORECASTED AT TOP END OF GUIDANCE RANGE FOR 2026; ON TRACK TO EXPAND U.S. CONTRACT COMPRESSION FLEET BY 10-15% …
Enerflex Ltd. Announces Second Quarter 2026 Financial and Operational Results Read More »
Aggregate Subscriber Value of approximately $1.2 billion in Q2 Storage Attachment Rate reached record 74% in Q2 and Networked Storage Capacity reaches 4.6 Gigawatt-hours as of June 30, 2026 Net cash used in operating activities was -$186 million in Q2 and Cash Generation was $23 million, or $45 million if excluding $22 million of net …
Sunrun Reports Second Quarter 2026 Financial Results Read More »
(Reuters) – Japan Petroleum Exploration said on Thursday it will acquire all equity interests in four Fundare companies holding tight oil and gas assets in Colorado and Wyoming for about $320 million. The acquisition, expected to close in the October-December quarter, follows the purchase of adjacent Verdad Resources assets in February and is expected to …
Japex to Buy US Tight Oil and Gas Assets for $320 Million Read More »
(Reuters) – Oil and gas producer APA beat Wall Street estimates for second-quarter profit on Wednesday, helped by higher oil prices. The U.S.-Israeli conflict with Iran, now in its sixth month, has raised concerns about disruptions to Middle East oil supplies and shipping through the Strait of Hormuz, pushing benchmark Brent crude prices up 19.2% …
Shale Producer APA Beats Second-Quarter Profit Estimates Read More »
(Reuters) – U.S. shale producer Occidental Petroleum reported its highest quarterly profit since 2022, surpassing Wall Street expectations on Wednesday, helped by higher oil prices and production. Benchmark Brent crude prices averaged 19.2% higher at $89.62 per barrel in the quarter from a year earlier as the conflict in the Middle East, now in its …
Occidental Quarterly Profit Soars to Highest Since 2022 on Oil Rally Read More »
(Reuters) – U.S. shale producer EOG Resources beat analysts’ estimate for second-quarter profit on Tuesday, helped by a surge in crude prices. Concerns that the war in Iran, which erupted in late February, could disrupt Middle East oil supplies through the Strait of Hormuz sent crude prices sharply higher. Brent averaged $126.41 a barrel in …
US Shale Producer EOG Resources Beats Quarterly Profit Estimates on Higher Crude Prices Read More »
(Reuters) – The Middle East conflict has delivered BP a much-needed windfall through higher oil and gas prices, strengthening CEO Meg O’Neill’s hand as she works to steady the ship. But the Iran war has also made the future of the energy business less predictable, complicating BP’s efforts to chart a long-term course. BP today …
Mideast War Helps and Harms BP CEO’s Turnaround Ambitions: Bousso Read More »
By Anna Edwards, Lizzy Burden, and Mitchell Ferman BP CEO Meg O’Neill BP Plc’s Meg O’Neill said the company has received approaches for its North Sea business just days after announcing it’s up for sale, and any changes in UK policy won’t sway her into keeping the assets. Several potential buyers have expressed interest in …
BP CEO Says Interest in Its North Sea Business Is Strong Read More »
Summary Bonus amounts to half of monthly base pay for most employees CEO cites Hess deal synergies, safe operations in internal email Trump renews criticism of Big Oil, urges lower retail oil prices (Reuters) – Chevron will award employees a special bonus for operational results so far this year, following the U.S. oil producer’s record earnings report …
Chevron Awards Staff Special Bonus Following Earnings Blowout Read More »
MIDLAND, Texas, Aug. 03, 2026 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today announced financial and operating results for the second quarter ended June 30, 2026. SECOND QUARTER 2026 HIGHLIGHTS Average oil production of 525 MBO/d Production of 1,018 MBOE/d, surpassing the 1.0 million barrels of oil equivalent …
Diamondback Energy, Inc. Announces Second Quarter 2026 Financial and Operating Results Read More »
