BOE Report

Baker Hughes, a GE company Announces August 2019 Rig Counts

Baker Hughes, a GE company (NYSE: BHGE) announced today that the Baker Hughes international rig count for August 2019 was 1,138, down 24 from the 1,162 counted in July 2019, and up 130 from the 1,008 counted in August 2018. The international offshore rig count for August 2019 was 244, down 11 from the 255 counted in July 2019, and up 32 from the 212 counted in August 2018. The average U.S. rig count for August 2019 was 926, down 29 from the 955 counted in July 2019, and down 124 from the [Read more]

Advisory: Chevron VP Presents Permian Performance Webcast at Barclays Conference

SAN RAMON, Calif.--(BUSINESS WIRE)--Jeff Gustavson, Vice President, Chevron North America Exploration & Production Mid-Continent Business Unit, will deliver a presentation to the Barclays 2019 CEO Energy – Power Conference Wednesday, September 4th, 2019 at 8:25 AM EDT. Gustavson will discuss Chevron’s performance in the Permian Basin in Texas and New Mexico. To access the live webcast, visit this link. Presentation materials and transcript will be available on Chevron’s investor relations page [Read more]

ConocoPhillips to Hold Third-Quarter Earnings Conference Call on Tuesday, Oct. 29

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) will host a conference call webcast on Tuesday, Oct. 29, 2019 at 12:00 p.m. eastern time to discuss third-quarter 2019 financial and operating results. The company’s financial and operating results will be released before the market opens on Oct. 29. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register [Read more]

Imperial announces second quarter 2019 financial and operating results

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSX:IMO): Net income of $1,212 million, including a $662 million benefit from the Alberta corporate tax rate change Highest second quarter production in over 25 years, including record second quarter production at Kearl Cash generated from operations of $1 billion; $2 billion in the first six months, the highest since 2014 Returned $515 million to shareholders; renewed share purchase program for another [Read more]

ExxonMobil Earns $3.1 Billion in Second Quarter 2019

Upstream liquids production grows by 8 percent from a year earlier, driven by the Permian Basin Guyana resource estimate increases to over 6 billion oil-equivalent barrels; Liza Phase 1 nears startup U.S. Gulf Coast steam cracker exceeds design capacity by 10 percent, less than a year after startup August 02, 2019 07:30 AM Eastern Daylight Time IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation [Read more]

ConocoPhillips Reports Second-Quarter 2019 Results; Delivered Strong Free Cash Flow and Financial Returns; Raised 2019 Planned Share Buybacks

ConocoPhillips (NYSE: COP) today reported second-quarter 2019 earnings of $1.6 billion, or $1.40 per share, compared with second-quarter 2018 earnings of $1.6 billion, or $1.39 per share. Excluding special items, second-quarter 2019 adjusted earnings were $1.1 billion, or $1.01 per share, compared with second-quarter 2018 adjusted earnings of $1.3 billion, or $1.09 per share. Special items for the current quarter were primarily driven by a financial tax benefit related to the previously [Read more]

Imperial to hold 2019 Second Quarter Earnings Call

CALGARY, Alberta--(BUSINESS WIRE)--Rich Kruger, chairman, president and chief executive officer, and Dave Hughes, vice president investor relations, Imperial Oil Limited, will host a 2019 Second Quarter Earnings Call on Friday, August 2 following the company’s second quarter earnings release. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Kruger will offer brief remarks prior to taking questions from Imperial’s covering analysts. Please click here [Read more]

Murphy Oil Corporation Schedules Second Quarter 2019 Earnings Release and Conference Call

EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 10:00 a.m. Eastern Time (EDT) on Thursday, August 8, 2019 to discuss second quarter 2019 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, August 8, [Read more]

Baker Hughes, a GE company Announces June 2019 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for June 2019 was 1,138, up 12 from the 1,126 counted in May 2019, and up 179 from the 959 counted in June 2018. The international offshore rig count for June 2019 was 246, up 6 from the 240 counted in May 2019, and up 51 from the 195 counted in June 2018. The average U.S. rig count for June 2019 was 969, down 17 from the 986 counted in May 2019, and down [Read more]

Kinder Morgan Applauds Travis County District Court Ruling

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today issued the following statement after the Travis County District Court dismissed all claims made against the Permian Highway Pipeline (PHP) Project. “Kinder Morgan is very pleased with the ruling made by the Travis County District Court,” said Tom Martin, president of Natural Gas Pipelines for KMI. “The court’s finding validates the process established in Texas for the development of natural gas utility projects, as well as the [Read more]