Economics/Financial Analysis News in United States

Pacific Drilling Announces First Quarter 2020 ResultsSULTS
5/7/2020 - Pacific Drilling S.A. reported results for the first quarter of 2020. Net loss for first-quarter 2020 was $61.0 million or $0.81 per diluted share, compared to net loss of $308.1 million or $4.11 per ...
Dril-Quip, Inc. Announces First Quarter 2020 Results
5/6/2020 - Dril-Quip, Inc. reported operational and financial results for the first quarter of 2020. ...
Pioneer Reports First Quarter 2020 Financial & Operating Results
5/6/2020 -  Pioneer Natural Resources Company reported financial and operating results for the quarter ended March 31, 2020. Pioneer reported first quarter net income attributable to common stockholders of $289 ...
GE Announces Debt Tender Offers in Conjunction with GE Capital Debt Issuance
5/6/2020 - GE announces its offers to purchase for cash any and all of the U.S. Dollar Denominated, Euro Denominated and GBP Denominated Notes listed on Table I below (the “Notes”), originally issued either by, ...
Delek US Holdings Reports First Quarter 2020 Results
5/5/2020 - Delek US Holdings, Inc. announced financial results for its first quarter ended March 31, 2020. Delek US reported first quarter 2020 net loss of $(314.4) million, or $(4.28) per diluted share, versus ...
Diamond Offshore Commences Voluntary Ch11 Proceedings to Restructure & Strengthen Balance Sheet
4/27/2020 - Diamond Offshore Drilling, Inc. select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern Distric...
National Oilwell Varco Reports First Quarter 2020 Results
4/27/2020 - National Oilwell Varco, Inc. reported first quarter 2020 revenues of $1.88 billion, compared to $2.28 billion for the fourth quarter of 2019 and $1.94 billion for the first quarter of 2019. Net loss f...
ConocoPhillips Cuts Production & Reduces 2020 Budget by Additional $3b
4/16/2020 - ConocoPhillips is taking further actions to respond to the oil market downturn. These follow initial actions announced on March 18. ...
Preliminary Q1 2020 Net Revenues and Business Update
4/8/2020 - Based on preliminary reporting from operating units, TGS management expects net segment revenues* for the first quarter of 2020 to be approximately USD 152 million. Multi-client Investments for the qu...
TechnipFMC Announces Actions to Address Market Conditions
4/1/2020 - TechnipFMC plc remains focused on taking all necessary steps to ensure the health and well-being of its employees, contractors and partners, and it is taking decisive actions in response to the curren...
Murphy Announces Additional Cost Savings Initiatives
4/1/2020 - The Board of Directors of Murphy Oil Corporation declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.125 per share, or $0.50 per share on an annualized basis. As a r...
Apache Doubles Estimate of Annual Cost Savings
4/1/2020 - Apache Corporation provided an update regarding the cost savings associated with its previously announced organizational redesign. Apache now expects to deliver an annualized G&A and LOE cost reductio...
BP Details COVID-19 Response & Provides Market Update
4/1/2020 - BP set out actions it is taking in response to the COVID-19 pandemic and ongoing market disruption. It also provided an update on factors expected to affect its first quarter results. ...
Aker Solutions Reduces Costs and Capital Spending
4/1/2020 - Aker Solutions is implementing a number of measures to mitigate the effects of the slowdown in activity level triggered by the COVID-19 outbreak and the increased uncertainty following the decline in ...
Devon Provides Revised 2020 Capital Expenditure Outlook
3/30/2020 - Devon Energy Corp. provided updates to its 2020 capital expenditure outlook and hedge position. Based on current market conditions, Devon has elected to further reduce its capital expenditures by an a...
Global E&P Capex Will Reach 13Y Low in 2020 as COVID-19
3/30/2020 - Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to $100 billion this year, about 17% versus 2019 levels, under Rystad Energy’s updated base cas...
EMGS Initiates Transition to Low Cost Set up
3/27/2020 - Following the end of acquisition work under the two-year contract in the Americas, as announced to the market on 20 February 2020, the recent sharp oil price decline and the uncertainty created by the...
Occidental Provides Update on Capital Spending & Cost Reductions
3/25/2020 - Occidental Petroleum Corporation announced a further reduction in 2020 capital spending to between $2.7 billion and $2.9 billion from its original 2020 guidance of $5.2 billion to $5.4 billion, a midp...
US Economy - November 2017
US Economy - November 2017 11/30/2017 - Underlying economic growth in the US is showing continued strength, with 3Q17 GDP reaching growth of 3.0% q-o-q at a seasonally adjusted annualised rate (SAAR) in the first of three estimates. This gr...
Trends in Selected Commodity Markets - March ?2017
Trends in Selected Commodity Markets - March ?2017 3/19/2017 - In February, market participants expected a lower path for interest rate increases by the US Federal Reserve (the Fed) and are awaiting further clarity regarding the economic proposal of the new US ad...

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