BP Tops Q1 Earnings Estimates, Aims to Resume Buybacks in Q2 Zacks.com 4 hrs ago
BP plc BP reported first-quarter 2021 adjusted earnings of 77 cents per American Depositary Share (ADS) on a replacement cost basis, excluding non-operating items. The bottom line beat the Zacks Consensus Estimate of earnings of 43 cents per share and also improved from the year-ago earnings of 24 cents.
Total revenues of $36,492 million increased from $30,863 million in the year-ago quarter and beat the Zacks Consensus Estimate of $31,415 million.
The strong quarterly results were owing to higher realizations of commodity prices.
BP p.l.c. Price, Consensus and EPS Surprise
Press release content from Business Wire. The AP news staff was not involved in its creation.
Matador Resources Company Declares Quarterly Cash Dividend
April 26, 2021 GMT
DALLAS (BUSINESS WIRE) Apr 26, 2021
Matador Resources Company (NYSE: MTDR) (“Matador”) today announced that its Board of Directors declared a quarterly cash dividend of $0.025 per share of common stock payable on June 3, 2021 to shareholders of record as of May 13, 2021.
About Matador Resources Company
Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville sh
Eni (E) Plans Investment of $7B in Angola, Expects Huge Growth Zacks.com 5 hrs ago
Eni SpA E announced plans to invest as high as $7 billion in Angola along with its joint venture partners, per Reuters. The time frame over which the investment will be made – in activities related to exploration and production, refining and solar energy – is the next four years.
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The integrated energy company believes the investment is profitable and will provide ample growth opportunities. Reportedly, Eni CEO Claudio Descalzi had a discussion regarding the plans with Angolan President Joao Lourenco, which the company later confirmed.
Will Costly Oil Ruin Chances of QEP Resources (QEP) Buyout? yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Chevron Corporation CVX recently produced first gas from the Alen gas monetization project, situated offshore Equatorial Guinea (“EG”). In April 2019, Noble Energy,which is currently owned by Chevron, had approved the development of the Alen natural gas project. Gross capital expenditure for the development of the project was estimated to be $330 million. The Alen field is located on Block O (95%) and Block I (5%), offshore EG. Noble Energy.