Apache optimistic about U.S. shale as profits slip
Apache Corp. reiterated plans to double down on its positions in prolific U.S. shale plays even as crude prices continued to fall and the company’s profits slipped from last year. More »
Plains All American profits up 40 percent
Plains All American said its third-quarter profit shot up 40 percent, but the company was cautious in setting its 2015 goals More »
CenterPoint Energy profits dip slightly
CenterPoint Energy’s businesses posted higher operating costs and electricity distribution suffered due to milder weather. More »
Cool temperatures cut into NRG’s 2014 results, as the company bets on home solar
In a call Wednesday, executives at NRG Energy discussed third-quarter results held back by a cool summer before offering a very hot projection for growth in the company’s home solar business. More »
EOG profit doubles on low-cost wells even as oil price falls
CEO William Thomas boosted EOG’s growth target for oil even in the face of a market slump More »
Valero’s profit triples in third quarter
Valero attributed the results to wider discounts for crude oils relative to the international benchmark crude and stronger gasoline margins in most regions. More »
Marathon remains committed to shale drilling despite falling oil price
Despite falling oil prices, Marathon Oil said it remains committed to key U.S. shale plays. More »
Targa profits double in third quarter, led by NGLs
Targa Resources Partners said it saw more volume and fees from its natural gas liquid business. More »
Profits up at Enbridge in the third quarter
Enbridge Energy Partners said that profits jumped in the quarter as the company delivered record quantities of oil in Canada and North Dakota. More »
Chevron’s profits climb 13 percent thanks to refining boost
The second-largest U.S. oil company also benefited from selling off some some of its assets as part of three-year divestment program. More »
Exxon sees profit rise on refining strength
Exxon CEO Rex Tillerson said that the earnings growth was “driven by higher margins and improved operations in the downstream and chemical businesses.” More »
Enterprise Products posts higher profits in Q3
The Houston-based MLP reported higher fees in some sectors and an increase in crude volume moving through its pipelines. More »
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