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Financials and Investment News in United States

Crude Oil Futures Market Structure
Crude Oil Futures Market Structure 11/29/2011 - Nymex WTI flipped into backwardation for the first time in three years on consecutive, larger than-expected draws in US crude oil inventories, particularly on the US mid-continent, amid high refinery ...
Kosmos Energy Closes Over-Allotment Option
6/14/2011 - Kosmos Energy Ltd. announces that the company closed the sale of an additional 1,518,242 shares of its common stock at the public offering price of $18.00 per share pursuant to the over-allotment opti...
Liberty Energy Corp. Announces Draw-Down
10/19/2010 - Liberty Energy Corp. is pleased to announce a further draw-down from its equity financing agreement. ...
BP Products to Pay Penalty for Texas Refinery
9/30/2010 - The U.S. Environmental Protection Agency (EPA) and the U.S. Justice Department announced that BP Products North America Inc. has agreed to pay a $15 million penalty to resolve federal Clean Air Act vi...
Schlumberger Announces Second-Quarter 2010 Results
7/23/2010 - Schlumberger Limited reported second-quarter 2010 revenue of $5.94 billion versus $5.60 billion in the first quarter of 2010, and $5.53 billion in the second quarter of 2009. ...
BP Partners Anadarko, Mitsui Share Oil Woes, Markey Says
6/19/2010 - Anadarko Petroleum Corp. and Mitsui & Co. should pay into a multibillion dollar fund for claims tied to the leaking Gulf of Mexico oil well the companies co-own with BP Plc, U.S. Representative Edward...
BP Claim Payments Exceed $100 Million
6/19/2010 - BP said that it has paid $104 million to residents along the Gulf Coast for claims filed as a result of the oil spill in the Gulf of Mexico. BP has issued more than 31,000 checks in the past seven wee...
BP Announces 2nd Block Grant of $25 m to Mississippi
6/10/2010 - BP announced it is providing the State of Mississippi with an additional $25 million grant to continue implementation of the State's Area Contingency Plan. ...
BP Announces 2nd Block Grant of $25 m to Alabama
6/10/2010 - BP announced it is providing the State of Alabama with an additional $25 million grant to continue implementation of the State's Area Contingency Plan. ...
BP Announces 2nd Block Grant of $25 m to Florida
6/10/2010 - BP announced it is providing the State of Florida with an additional $25 million grant to continue implementation of the State’s Area Contingency Plan. ...
BP First Payment on Barrier Islands Project for Louisiana
6/8/2010 - As part of the previously announced commitment to fund the entire $360 million cost of six berms in the Louisiana barrier islands project, BP today announced that it will make an immediate payment of ...
CB&I Reports First Quarter 2010 Results
4/28/2010 - CB&I reported net income of $42.2 million, or $0.42 per diluted share, for the first quarter of 2010. Revenue for the quarter was $869.3 million. New awards totaled $560.2 million for the quarter, rep...
Schlumberger Announces First-Quarter 2010 Results
4/23/2010 - Schlumberger Limited reported first-quarter 2010 revenue of $5.60 billion versus $5.74 billion in the fourth quarter of 2009, and $6.00 billion in the first quarter of 2009. ...
Chevron Issues Interim Update for Q1 2010
4/8/2010 - Chevron Corporation reported in its interim update that earnings for the first quarter 2010 are expected to be higher than in the fourth quarter 2009. Upstream earnings are projected to increase, refl...
KBR Announces Q4 and Full Year 2009 Results
2/25/2010 - KBR announced that fourth quarter 2009 net income attributable to KBR was $73 million, or $0.45 per diluted share, compared to net income attributable to KBR of $88 million, or $0.54 per diluted share...
Exxon Mobil Announces Estimated Q4 2009 Results
2/1/2010 - Exxon Mobil Corporation Our financial strength provided us with the foundation to continue investing in new energy supplies to help meet global energy demand and to fuel economic growth. Capital and e...
Chevron Reported Q4 Net Income of $3.1 bn
1/29/2010 - Chevron Corporation reported earnings of $3.07 billion ($1.53 per share - diluted) for the fourth quarter 2009, compared with $4.90 billion ($2.44 per share - diluted) in the fourth quarter 2008. Earn...
Occidental Announces Q4 and 12-Month 2009 Results
1/28/2010 - Occidental Petroleum Corporation announced net income of $938 million ($1.15 per diluted share) for the fourth quarter of 2009, compared with $443 million ($0.55 per diluted share) for the fourth quar...
Exxon Mobil Declares First Quarter Dividend
1/27/2010 - The Board of Directors of Exxon Mobil Corporation declared a cash dividend of 42 cents per share on the Common Stock, payable on March 10, 2010 to shareholders of record of Common Stock at the close o...
Hess Reports Estimated Results for Q4 of 2009
1/27/2010 - Hess Corporation reported net income of $358 million for the fourth quarter of 2009 compared with a net loss of $74 million for the fourth quarter of 2008. The after-tax results by major operating act...

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