Oil & Gas
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…
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…
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…