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Oil & Gas

Earnings preview: What to expect when Chevron reports Q2 results

Chevron Corporation (NYSE: CVX) is scheduled to report second quarter 2019 earnings results on Friday, August 2, before the opening…

Earnings preview: Weakness in upstream biz to weigh on ExxonMobil’s Q2 results

Energy giant ExxonMobil (NYSE: XOM) is scheduled to publish its second-quarter results Friday before the opening bell. The market’s sentiment…

Transocean Q2 earnings hurt by weak macros

Transocean (NYSE: RIG) stock price was down about 1% after the bell due to weak Q2 results. The company’s stock…

Phillips 66 Q2 profit rises 6% tops estimates

Phillips 66 (NYSE: PSX) reported a 6% increase in earnings for the second quarter of 2019 helped by lower income…

PermRock Royalty Trust announces monthly cash distribution

PermRock Royalty Trust (NYSE: PRT) on Tuesday declared a monthly cash distribution. This distribution is to holders of its trust…

Anadarko adds India’s Bharat Petroleum as co-venturer in Mozambique exploration

Anadarko Petroleum Corp (APC) announced the sale and purchase agreement for India's Bharat Petroleum Corporation Ltd to be a co-venturer…

2019 headwinds might come to haunt oil as OPEC cuts supply

The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday announced that it cut oil production through a global supply…

Exxon Mobil shares fall on Q2 earnings miss

 Oil and gas company Exxon Mobil (XOM) witnessed a 3% drop in its share price after it missed analysts' earnings…

North America upswing lifts Schlumberger’s Q2 profit

The oilfield service sector continues to benefit from the rising crude prices, which has been encouraging petroleum companies to ramp…