Search results for: 2Q Net Loss

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  • 5 August 2015

    Polarcus, a marine seismic data acquisition specialist based in Dubai, has reported a drop in its 2Q revenues of $91 million, compared to $137.6 million in the second quarter 2014. The company’s net profit also fell. Polarcus reported a net loss of $78.3 million, versus a net profit of $9.2 million a year ago. Capital expenditure […]

  • 3 August 2015
    Business & Finance

    Noble Energy, a U. S.-based independent oil and gas company saw its net profit for the second quarter of 2015 tumble, as it reported a net loss of $109 million. To remind, Noble had reported a net profit of $192 million in the same period of 2014. The company’s 2Q 2015 revenues fell to $730 million from $1.38 […]

  • 5 August 2014
    Business & Finance

    McDermott International, Inc.,a provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments, reported a second quarter 2014 net loss of $11 million or $0.05 per fully diluted share, compared to a net loss of $149 million or $0.63 per diluted share in the prior-year quarter. Weighted average common shares outstanding on […]

  • 31 July 2012

    Anadarko Petroleum Corporation announced a second-quarter 2012 net loss attributable to common stockholders of $380 million. These results include certain items typically excluded by the investment community in published estimates. In total, these items decreased net income by approximately $804 million on an after-tax basis. Cash flow from operating activities in the second quarter of […]

  • 6 August 2015

    W&T Offshore, an independent oil and gas producer with assets in the U.S., both onshore and offshore, has reported a net loss for the second quarter of 2015 of $260.5 million compared to net income of $9.8 million, during the same period in 2014. Revenues for the second quarter of 2015 were $149.1 million compared […]

  • 29 August 2013
    Business & Finance

    Norwegian Energy Company ASA (Noreco) today presents its second quarter 2013 report, with a negative EBITDA of NOK 45 million and a net loss of NOK 504 million for the period. Significant events in the second and third quarter 2013 include: – Start-up of Huntington production in April more than doubles Noreco’s production capacity. Technical […]

  • 29 July 2014
    Business & Finance

    Canada’s Talisman Energy Inc. has announced its operating and unaudited financial results for the second quarter of 2014. During the quarter the company recorded a net loss of $237 million. The primary driver for the loss, Talisman said, was a $171 million movement relating to cash settlements ($46 million) and non-cash mark-to-market loss ($125 million) on commodity […]

  • 14 August 2012

    InterOil reported net loss for the quarter ended June 30 of $31.7 million compared with a net profit of $23.5 million for the same period in 2011. Second Quarter 2012 Highlights and Recent Developments InterOil announced confirmation of gas and an increased condensate ratio in an additional 131 feet (40 metres) of pay in the […]

  • 5 August 2013
    Business & Finance

    Kosmos Energy Ltd. announced today financial and operating results for the second quarter of 2013, which included a net loss of $71 million, or $0.19 per basic and diluted share. These results include the previously announced Sipo-1 charge of $76 million net. For the second quarter of 2012, Kosmos reported a net loss of $25 […]

  • 15 August 2014
    Business & Finance

    SeaBird Exploration, a Cyprus-based seismic survey company, has reported a net loss of $7.9 million for Q2 2014, compared to the net loss of $4.1 million in the same period in 2013. Revenues for the quarter were $44.7 million, an increase of 19% compared to Q2 2013. In its financial statement, SeaBird said that the […]

  • 6 August 2013
    Business & Finance

    McDermott International, Inc., an engineering and construction company, with a focus on the energy and power industries, today reported a net loss of $149.4 million, or $0.63 per fully diluted share, for the quarter ended June 30, 2013. These results compared to income of $52.7 million, or $0.22 per fully diluted share, in the corresponding […]

  • 1 November 2019

    Offshore support vessel provider Seacor Marine has decided to sell its North Sea emergency response and rescue vessel business to North Star.

  • 2 August 2017
    Business & Finance, Exploration & Production

    Offshore drilling company Pacific Drilling has informed that its CEO Christian J. Beckett has stepped down from his positions as CEO and as a member of the Board to pursue other opportunities. The company, which provides ultra-deepwater drilling services to the oil and natural gas industry, announced that Paul T. Reese, the Company’s current Executive […]

  • 1 August 2014
    Business & Finance

    KBR, Inc., a global engineering, construction and services company yesterday reported a net loss for the 2Q 2014. Net loss attributable to KBR was $8 million, or $0.06 per diluted share, compared to net income attributable to KBR of $90 million, or $0.61 per diluted share, in the second quarter of 2013. Consolidated revenue in […]

  • 5 August 2014
    Business & Finance

    Cobalt International Energy, Inc. today announced a net loss of $95 million, or $0.23 per basic and diluted share for the second quarter of 2014, compared to a net loss of $79 million, or $0.19 per basic and diluted share, for the second quarter of 2013. The net loss for the second quarter of 2014 […]

  • 31 August 2017

    Oslo-based Awilco LNG, the owner of two 156,000 cbm LNG carriers, reduced its net loss in the second quarter of this year due to higher activity of its vessels and steady spot rates. Awilco LNG’s net loss dropped to $10.1 million in the second quarter, as compared to $11.5 million in the same quarter last year […]

  • 15 August 2018
    Business & Finance

    Epic Gas managed to shrink its net loss in 2Q 2018, mainly due to improving market conditions.

  • 26 July 2019
    Business & Finance, Operations & Maintenance

    Norwegian geophysical services company EMGS has reduced its quarterly loss as revenues almost doubled for the period ended June 30, 2019. The Oslo-listed company reported net loss for Q2 2019 of $2 million or 2 cents per share, versus loss of $6.2 million in Q2 2018. Revenues for the quarter rose at $14.5 million from […]

  • 8 August 2018
    Exploration & Production

    Offshore driller Vantage Drilling saw its revenue rise and net loss shrink in the second quarter of 2018.

  • 17 May 2018
    Business & Finance

    Suezmax owner Nordic American Tankers ended Q1 2018 with a widened net loss year over year.

  • 31 August 2016
    Business & Finance

    Liquefied natural gas (LNG) shipping company Golar LNG reported a net loss of USD 99.5 million in the second quarter of 2016, widening further from a net loss of USD 2.5 million seen in the same quarter a year earlier. The company’s operating loss amounted to USD 37.1 million in the quarter, compared to an operating loss […]

  • 30 July 2019
    Business & Finance, Operations & Maintenance

    McDermott has reported quarterly loss of $146 million, or 80 cents per diluted share, compared to profit of $47 million, or 33 cents per diluted share in the second quarter of 2018. This marks a hat-trick of losses for the Houston-based company. Excluding charges, the adjusted loss for the second quarter of 2019 was $14 […]