BOE Report

Chevron announces third quarter 2020 results

Third quarter loss of $207 million; adjusted earnings of $201 million Capital spending down 48 percent; operating expenses down 12 percent Noble Energy acquisition completed in October 2020 SAN RAMON, California - Chevron Corporation (NYSE: CVX) today reported a loss of $207 million ($(0.12) per share - diluted) for third quarter 2020, compared with earnings of $2.6 billion ($1.36 per share - diluted) in third quarter 2019. Included in the current quarter was a charge of $130 million [Read more]

ConocoPhillips reports third-quarter 2020 results and operational esults

HOUSTON - ConocoPhillips (NYSE: COP) today reported a third-quarter 2020 loss of $0.5 billion, or ($0.42) per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share. Excluding special items, third-quarter 2020 adjusted earnings were a loss of $0.3 billion, or ($0.31) per share, compared with third-quarter 2019 adjusted earnings of $0.9 billion, or $0.82 per share. Special items for the current quarter were primarily due to an unrealized loss on Cenovus Energy [Read more]

Imperial starts operation of cogeneration unit at Strathcona refinery

STRATHCONA COUNTY, Alberta - Imperial (TSE: IMO, NYSE American: IMO) has started operation of its newly constructed cogeneration unit at its Strathcona refinery near Edmonton, Alberta, increasing energy efficiency at the facility and helping reduce provincial greenhouse gas emissions. “The completion of this project is an important milestone for Imperial,” said Brad Corson, Imperial chairman, president and chief executive officer. “It highlights our commitment to investing in projects that [Read more]

Chevron announces quarterly dividend

SAN RAMON, California - The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and twenty-nine cents ($1.29) per share, payable December 10, 2020, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 18, 2020. Contacts Sean Comey -- +1 925-842-5509 [Read more]

ExxonMobil to release third quarter 2020 financial results

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) will release third quarter 2020 financial results on Friday, October 30, 2020. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com. Andrew Swiger, senior vice president; Jack Williams, senior vice president; and Stephen Littleton, vice president of investor relations and secretary; will review the results during a live, listen-only conference call at 8:30 a.m. CT. The [Read more]

Kinder Morgan issues 2019 Environmental, Social and Governance report

Report Expands on Methane Emissions Reductions, Community Relations and Biodiversity Programs HOUSTON - Kinder Morgan, Inc. announced today the publication of its 2019 Environmental, Social and Governance (ESG) report. This report builds on our vision as a company to deliver energy to improve lives and create a better world. “We have provided additional ESG-related metrics throughout our report, including our electricity and renewable energy usage, company-wide air emissions and community [Read more]

Kinder Morgan announces results for third quarter of 2020; maintains $0.2625 per share dividend

HOUSTON - (-Kinder Morgan, Inc.’s (NYSE: KMI) board of directors today approved a cash dividend of $0.2625 per share for the third quarter ($1.05 annualized), payable on November 16, 2020, to common stockholders of record as of the close of business on November 2, 2020. This dividend represents a 5% increase over the third quarter of 2019. KMI is reporting third quarter net income attributable to KMI of $455 million, compared to net income attributable to KMI of $506 million in the third [Read more]

ConocoPhillips to acquire Concho Resources in all-stock transaction

ConocoPhillips and Concho Resources Combination Built Upon Shared Vision to Deliver Superior Returns Through Price Cycles All-Stock Transaction Valued at $9.7 Billion Honors Proven Financial Framework and is Expected to be Accretive on Consensus Key Financial Metrics HOUSTON & MIDLAND, Texas - ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) today announced that they have entered into a definitive agreement to combine companies in an all-stock transaction. Under the terms of [Read more]

Imperial to hold 2020 Third 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 2020 Third Quarter Earnings Call on Friday, October 30, following the company’s third quarter earnings release. 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 Imperial’s covering [Read more]

ConocoPhillips announces increase in quarterly dividend

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced an increase in its quarterly dividend from 42 cents per share to 43 cents per share. The dividend is payable on Dec. 1, 2020, to stockholders of record at the close of business on Oct. 19, 2020. About ConocoPhillips Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 16 countries, $63 billion of total assets, and approximately 9,700 employees at June 30, 2020. Production excluding Libya [Read more]