BOE Report

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]

ExxonMobil to release second quarter 2023 financial results

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its second quarter 2023 financial results on Friday, July 28, 2023. The company will issue a press release via Business Wire, and it will be available at 5:30 a.m. CT at www.exxonmobil.com.   Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results during a live [Read more]

Pembina Pipeline Corporation declares quarterly preferred share dividends and announces second quarter 2023 results conference call and webcast

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 19, 21, 22 and 25. Series 1, 3, 5, 7, 9, 21 and 22 preferred share dividends are payable on September 1, 2023, to shareholders of record on August 1, 2023. Series 15, 17 and 19 preferred share dividends are payable on October 2, 2023, to [Read more]

Murphy Oil Corporation schedules second quarter 2023 earnings release and conference call

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time (EDT) on Thursday, August 3, 2023 to discuss second quarter 2023 earnings. The company plans to release its financial and operating results before the market opens that morning.   A webcast link and related presentation material will be included on the Investors page of the company’s website at http://ir.murphyoilcorp.com. Date: Thursday, [Read more]