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Williams Partners LP (WPZ - Free Report) reported fourth-quarter 2017 adjusted earnings of 39 cents, below the Zacks Consensus Estimate of 44 cents owing to higher operating and maintenance costs. (17-0)
(Bloomberg) -- Three of the world’s biggest oil companies called on Norway to help maintain funding for carbon capture and storage technology that is stagnating amid concerns about whether it can ever be cost-effective. (21-0)
Statoil (OSE: STL, NYSE: STO) announced 27 October 2017 dividend per share of USD 0.2201 for third quarter 2017. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 9 February 2018, in total seven business days.
2017 turned out to be a banner year for the Big Oil companies as they benefited from their scale and diversification, resulting in the strongest returns on capital in the industry. (24-0)
An average capital expenditure (capex) of $19.5bn per year is forecast to be spent on 568 oil and gas fields in North Sea between 2018 and 2020, according to GlobalData, a leading data and analytics company. (36-0)
BP plc (BP - Free Report) has recently commenced production of oil and natural gas from the Atoll Phase One development, located off the coast of Egypt.
The company achieved record production and a large reserve replacement ratio plus boasts an exploration program that seems likely to deliver strong results going forward. (21-0)
Global stocks were weighed down by massive losses and heightened volatility on Wall Street last week. A spike in yearly wage increases triggered inflationary concerns and boosted bond yields, leading to U.S. stocks entering correction territory. These events had a widespread impact with stocks across global bourses incurring losses. (8-0)
(Bloomberg) -- Asia’s rapacious thirst for liquefied natural gas is sucking supplies from surprising places.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Chesapeake Energy Corporation (CHK - Free Report) recently provided a glimpse of its fourth-quarter 2017 production update. The upstream firm also provided details on deals signed for divesting non-core assets. (90-0)
Statoil ASA (STO - Free Report) posted fourth-quarter 2017 adjusted earnings of 39 cents per ADR, which beat the Zacks Consensus Estimate of 34 cents. The company reported adjusted loss of 2 cents per share in the year-earlier quarter. In the fourth quarter, total revenues improved 13% year over year to $17.1 billion. In 2017, total revenues jumped 33.4% year over year to $61.2 billion. The growth can be attributed to higher equity and entitlement production along with increased realized liquids prices. (6-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (21-0)
Building on the sector's second annual gain in a row, energy stocks have witnessed a solid start to 2018 and look poised to continue climbing in the coming months. (46-0)
The following slide deck was published by Statoil ASA in conjunction with their 2017 Q4 earnings call.