Helmerich & Payne missed earnings and revenue expectations amid strategic acquisitions and adjustments to market conditions.

American refineries still rely on Canada’s supply, while OPEC+ nations can manipulate global markets to undercut U.S.

President Trump has pressured U.S. drillers and Saudi officials to cut oil prices to help end the Ukraine war. The pressure is unlikely to bear fruit.

Welcome to the NOV 4th quarter 2024 Ernie's conference call. (Operator Instructions). I would like to turn the conference over to Ms. Amie D'Ambrosio. Ma'am, you may begin. Amie D’Ambrosio Welcome, ...

Q4 2024 Earnings Call Transcript February 5, 2025 Operator: Good day, ladies and gentlemen, and thank you for standing by.

As Trump's tariffs disrupt the oil and gas trade, EOG Resources, Cheniere Energy and ExxonMobil stand to gain.

NOV reported Q4 2024 revenues of $2.31 billion, a 5% sequential increase, with net income of $160 million and diluted EPS of $0.41. EBITDA was $302 million, representing 13.1% of sales. Full-year 2024 ...

Even before President Donald Trump announced wide-ranging US import tariffs on Saturday, speculation over what he’d do had ...

Our expectations for profitability improvements coupled with the firm’s history of conservative balance sheet management leave us confident that NOV will maintain adequate liquidity to service its ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

The Republican-led House passed legislation to block future administrations from enacting bans on oil and gas drilling without congressional approval. In a vote on Friday, lawmakers passed the ...