Tag: Oil and Gas Producers

Oil giant Shell braces for shareholder revolt over climate plans after record profits

British oil giant Shell’s annual general meeting Tuesday looks set to be an acrimonious one, with climate-focused investors seeking to ramp up pressure on the energy major after an extraordinary run of record profits.

Chevron to Acquire PDC Energy for $6.3 Billion

Chevron CVX said Monday it acquire PDC Energy PDCE in an all-stock transaction valued at $6.3 billion, or $72 a share.

HELLENiQ ENERGY: Συγκρίσιμα κέρδη 252 εκατ. το 1ο τρίμηνο

Η HELLENiQ ENERGY Holdings Α.Ε. ανακοίνωσε τα ενοποιημένα οικονομικά αποτελέσματα Α’ Τριμήνου 2023, με τα Συγκρίσιμα Κέρδη EBITDA να διαμορφώνονται στα €404 εκατ. και τα Συγκρίσιμα Καθαρά Κέρδη στα €252 εκατ.

Occidental Petroleum quarterly earnings down 48%, misses estimates

U.S. oil and gas producer Occidental Petroleum Corp on Tuesday reported a 48% decline in first-quarter earnings that fell well short of analyst estimates as global economic growth concerns led to a decline in oil prices.

Icahn Enterprises stock slides 9% after company swings to first-quarter loss

Icahn Enterprises L.P., the investing arm of billionaire activist investor Carl Icahn, said Wednesday it swung to a loss in the first quarter from a profit a year ago, sending its stock down more than 7% premarket.