HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported second-quarter 2023 earnings and adjusted earnings of $2.2 billion, or $1.84 per share, compared with second-quarter 2022 earnings of $5.1 billion, or $3.96 per share, and second-quarter 2022 adjusted earnings of $5.1 billion, or $3.91 per share. “The second quarter demonstrated our strong underlying performance and commitment to advancing the returns-focused value proposition we shared at our Analyst & Investor [Read more]
Murphy Oil Corporation releases fifth annual sustainability report
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that it released the 2023 Sustainability Report, which covers the company’s environmental, social and governance (ESG) performance and progress on established targets. The report is available here, along with a summary fact sheet. "I am pleased at the work our company has done to enhance our sustainability efforts this past year. Our 2023 Sustainability Report highlights our advances in technology and data, [Read more]
Murphy Oil Corporation announces quarterly dividend
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.275 per share, or $1.10 per share on an annualized basis. The dividend is payable on September 1, 2023, to stockholders of record as of August 14, 2023. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing [Read more]
ExxonMobil announces second quarter 2023 results
Structural earnings improvements contributed to strong second-quarter earnings of $7.9 billion Achieved record quarterly production in the Permian and Guyana, demonstrating excellent operational performance Highest second-quarter global refinery throughput in the last 15 years1 Expanded leadership in carbon capture and storage by agreeing to acquire Denbury and reaching 5 million metric tons per year of CO2 offtake contracts with industrial customers2 SPRING, Texas--(BUSINESS [Read more]
Chevron reports second quarter 2023 results
Reported earnings of $6.0 billion; adjusted earnings of $5.8 billion Record Permian Basin production, 11 percent higher than the year-ago period Record shareholder distributions of $7.2 billion PDC Energy, Inc. acquisition expected to close in August 2023 SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $6.0 billion ($3.20 per share - diluted) for second quarter 2023, compared with $11.6 billion ($5.95 per share - diluted) in second [Read more]
Imperial declares third quarter 2023 dividend
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payable on October 1, 2023, to shareholders of record at the close of business on September 1, 2023. This third quarter 2023 dividend compares with the second quarter 2023 dividend of 50 cents per share. Imperial has a long and successful history of growth and financial stability in Canada [Read more]
Imperial announces second quarter 2023 financial and operating results
Quarterly net income of $675 million and cash flow from operating activities of $885 million Successful completion of planned turnaround activities at Kearl, Syncrude and Strathcona refinery Upstream production of 363,000 gross oil-equivalent barrels per day Refinery throughput of 388,000 barrels per day and capacity utilization of 90% Commenced facility construction on the Strathcona Renewable Diesel project Renewed annual normal course issuer bid (NCIB) to repurchase up to 5% of [Read more]
Chevron announces senior leadership changes
SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX) today announced several senior leadership changes as well as a waiver of the mandatory retirement age for the chairman and chief executive officer, Mike Wirth. Pierre Breber, vice president and chief financial officer, will retire from Chevron in 2024 after 35 years of distinguished service to the company. Eimear Bonner, currently vice president and chief technology officer and president of the Chevron Technical Center, will [Read more]
Chevron announces second quarter 2023 performance highlights
Reported earnings of $6.0 billion; adjusted earnings of $5.8 billion Record Permian Basin production, 11 percent higher than the year-ago period Record shareholder distributions of $7.2 billion PDC Energy, Inc. acquisition expected to close in August 2023 SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today provided second quarter 2023 performance highlights. Performance Summary YTD Unit 2Q 2023 1Q 2023 2Q [Read more]
Imperial to hold 2023 second quarter earnings call
CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Limited, will host a 2023 Second Quarter Earnings Call on Friday, July 28, following the company’s second quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Corson will offer brief remarks prior to taking questions from [Read more]
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