quarter results | Egypt Oil & Gas - Part 2

bp Forecasts Profit Decline in Q4 Results Amid Weak Production, Refining Margins

bp has released its fourth quarter guidance for 2024 expecting a decline in profit from the previous three months due to lower production, weak refining margins and sluggish trading.

OMV Anticipates $215M Boost in Q4 Earnings from Gazprom Arbitration

Austrian oil and gas company OMV has forecasted positive results on its fourth quarter of 2024, expecting about €210 million ($215.4 million) of earnings driven by its German gas supply contract with Gazprom.

Occidental Petroleum Exceeds Third-Quarter Profit Estimates

Occidental Petroleum released its third quarter on Tuesday, reporting adjusted profit of $977 million or $1.00 per share surpassing analysts’ expectation of $0.74adjusted per share income.

Aramco Reports $27.6B Net Income for Q3, Beating Estimates

Aramco announced on Tuesday a net income of $27.6 billion for the three months ending September 30, exceeding the company-provided median estimate of $26.9 billion. It also surpassed Citi's forecast of $26.3 billi ...

Chevron Exceeds Expectations with $4.5 Billion Q3 Earnings

Chevron announced its third-quarter 2024 results, reporting earnings of $4.5 billion, or $2.48 per diluted share, a decrease from $6.5 billion, or $3.48 per diluted share, reported in the same period last year. De ...

ExxonMobil Surpasses Q3 Earnings Expectations with $1.92 Per Share

ExxonMobil reported earnings of $1.92 per share for Q3 2024, surpassing analysts' expectations of $1.88 per share. Although their year-to-date earnings decreased to $26.1 billion from $28.4 billion last year due t ...

Shell Reports $6B Profit in Q3, Surpassing forecasts by 12%

Shell announced on Thursday a third-quarter profit of $6 billion, surpassing forecasts by 12% as robust liquefied natural gas (LNG) sales offset decline in oil refining and trading results.

TotalEnergies Records $4.1B Earnings in Q3, Slightly Missing Analysts’ Expectations

TotalEnergies released its third quarter results of 2024, reporting $4.1 billion in adjusted net income, the lowest in three years due to weak refining margins and upstream outages.

bp Reports $2.3B Quarterly Profit, Lowest in Nearly Four Years

bp has reported a decrease in profit for the third quarter of 2024 of 30% to $2.3 billion, marking the lowest quarterly profit in nearly four years.

CNOOC Reports 9% Increase in Q3 Net Income Amid Higher Oil and Gas Output

Chinese offshore oil and gas giant CNOOC Ltd announced a 9% increase in its third-quarter net income compared to the previous year, as higher oil and gas output offset lower realized oil prices.

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