Tag: QUARTERLY BALANCE

Petrobras earns USD 6 billion in third quarter

The company’s CFO, Fernando Melgarejo, attributed the profit to an increase in crude output, which helped offset the decline in international prices

BP profits up 48.6% through September

British oil company BP announced a net profit of USD 3.477 billion in the first nine months of 2025, 48.6% higher than in the same period a year earlier, thanks in part to improved performance at its production facilities

Petrobras: Oil and gas production grows 17.3%

Petrobras produced an average of 4.54 million barrels of oil and gas equivalent per day in the third quarter of 2025, 17.3% more than in the same period last year, the company reported

TotalEnergies’ profits fall to lowest level in 4 years

Adjusted net income fell to $3.6 billion for the quarter ending June 30, down from $4.7 billion a year earlier and $4.2 billion in the first quarter

Exxon and Chevron quarterly balance exceeds expectations

Chevron earned USD 14.422 billion in the first 9 months of the year compared to the figure recorded in 2023, while Exxon Mobil earned USD 26.070 billion in the same period

Petrobras: Output falls 8.2% in 3Q

Petrobras’ oil production dropped 8.2% year-over-year in the third quarter to 2.13 million barrels per day (bpd), reported the company

BP shares drop after weak Q2 operating results

Shares of BP traded lower after the company revealed its operations update for the second quarter of fiscal year 2024, with oil operations expected to be weak following a strong first quarter

Chevron earns €5.146 billion in Q1

The oil company Chevron announced a net profit of $5.501 billion (approximately €5.146 billion) in the first quarter of 2024, a 16% decrease compared to the same period the previous year

Petrobras reports a 6% decline in the fourth quarter

For the entire year 2023, the company’s recurring net income of 136.0 billion reais exceeded analysts’ estimate of 125.0 billion reais surveyed by LSEG, but represented a 24.2% decline compared to the previous year

BP shares slump as Q3 profit misses forecast on weak gas

BP reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts due to weak gas trading results while the firm wrote down a large chunk of a U.S. offshore wind project