Search results for: third quarter 2016

202039 results

A list of search results

  • 3 November 2016
    Business & Finance

    Orion Group Holdings, Inc. today reported net income for the three months ended September 30, 2016, of $4.7 million ($0.17 diluted earnings per share). These results compare to a net loss of $7.4 million ($0.27 diluted loss per share) for the same period a year ago. “We believe our company is on the right track,” […]

  • 19 October 2016
    Business & Finance, Equipment, Operations & Maintenance

    Oilfield services major Halliburton has bounced back in black in the third quarter, ended September 30, 2016, as it saw increased utilization in North America, and improved cost and working capital management. For the third quarter 2016, Halliburton reported operating income of $128 million, and cash flow from operating activities in excess of $1.0 billion. The company booked […]

  • 14 November 2016
    Business & Finance

    Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has seen its profit chopped by some 50 percent for the three-month period ended September 30, 2016. Namely, Mermaid’s quarterly profit came at $7.5 million, down against profit of $15.3 milion in the corresponding period in 2015. The Singapore-listed company […]

  • 27 October 2016
    Business & Finance, Operations & Maintenance

    French oil services provider, Technip, has boosted its third quarter 2016 result as it continues its cost reduction plan due to extended oil industry slowdown. In the second quarter 2016, Paris-based subsea major generated adjusted revenue of €2.9 billion, down some 6% compared to €3.1 billion in 3Q 2015. Subsea revenues were roughly 10% lower for […]

  • 16 November 2016
    Business & Finance, Operations & Maintenance

    DOF Subsea, a subsidiary of DOF Group, reported profit for the third quarter 2016 (Q3 2016) of NOK 170 million ($20 million), compared with loss of NOK 312 million ($37 million) in the corresponding period in 2015. In the 3rd quarter 2016, the Bergen-based company had operating income of NOK 1.13 billion versus NOK 1.9 billion in […]

  • 21 October 2016
    Business & Finance, Equipment, Operations & Maintenance

    Oilfield services major Schlumberger has posted third-quarter 2016 profit of $176 million, or 13 cents per diluted share, versus $989 million, or 78 cents per diluted share same time last year. The company’s revenue fell 17 percent year-on-year to $7.16 billion, from $9 billion in the corresponding period in 2015, and also decreased 2 percent sequentially. Schlumberger […]

  • 7 October 2016
    Business & Finance, Equipment, Operations & Maintenance

    Geophysical contractor TGS said that, based on preliminary reports, it estimates net revenues for the third quarter of 2016 to be approximately $113 million. This comes down to around 17% higher than the average of analyst estimates, the company said. The Oslo-listed company added that multi-client investments for the third quarter are expected to be around $82 million. To […]

  • 28 October 2016
    Business & Finance, Equipment, Operations & Maintenance

    Aker Solutions has reported a net income of NOK 169 million, or NOK 0.37 in the third quarter 2016 versus net income of NOK 220 million, or 0.75 NOK a year earlier. Revenue declined to NOK 6 billion in the quarter from NOK 7.5 billion a year earlier amid a market slowdown. In Subsea segment Aker […]

  • 19 October 2016
    Business & Finance, Operations & Maintenance

    Fugro has recorded third-quarter 2016 revenue drop of some 22 percent, compared to the same time last year. The revenue drop was mostly caused by the downturn in the oil and gas services market, leaving the Dutch subsea and survey specialist with revenue of €474 million (approximately $521 million), against €611 million ($671 million) in the […]

  • 28 October 2016
    Business & Finance, Equipment

    Forum Energy Technologies, Houston-based oilfield products company, recorded net loss in the third quarter of $18 million, or $0.20 per diluted share, compared to net income of $6.7 million, or $0.10 per diluted share, for the prior-year period. The revenue recorded for the third quarter 2016 was $138 million, compared with $245 million in the […]

  • 3 November 2016
    Business & Finance

    American oil and gas E&P company Marathon Oil narrowed its net loss for the third quarter 2016 and saw a decrease in total production year-over-year despite a 12 pct increase in international oil production boosted by Alba B3 project off Equatorial Guinea.  The company reported a third quarter 2016 net loss of $192 million as opposed […]

  • 26 October 2017
    Business & Finance, Exploration & Production

    Offshore drilling contractor Ensco booked a loss in the third quarter of this year, after reporting a profit in the same period last year. The driller’s revenues were impacted by fewer rig days and lower dayrates.  The UK-based driller, which recently completed its acquisition of Atwood Oceanics, on Wednesday reported a loss of $25.4 million for […]

  • 30 October 2017

    San Diego-based energy company and LNG operator Sempra Energy reported third-quarter 2017 earnings of $57 million, compared with third-quarter 2016 earnings of $622 million.

  • 27 October 2016
    Business & Finance, Equipment, Operations & Maintenance

    Petroleum Geo-Services (PGS), has narrowed its quarterly net loss despite a slight decline in revenue during the third quarter of 2016. The Oslo-listed seismic player, posted quarterly net loss of $29 million or 12 cents per share, compared with $110 million net loss or 51 cents per share in the corresponding period in 2015. In […]

  • 8 November 2016
    Business & Finance

    US-based container carrier Matson reported a 40 percent drop in its net income for the quarter ended September 30, 2016, due to lower freight volumes. The company’s net income fell to USD 25 million in the third quarter of this year from USD 41.5 million recorded in the same quarter last year. Moreover, consolidated revenue […]

  • 10 November 2016
    Business & Finance, Operations & Maintenance

    Oslo-listed Subsea 7 has lifted its profit in the third quarter ended September 30, 2016, on high utilisation of its active fleet, combined with previously announced cost cuts and more favorable tax rate, compared to the prior-year quarter. Despite revenue drop of 23 percent compared to Q3 2015, the mentioned more favorable tax rate in this year’s […]

  • 4 October 2017

    Electromagnetic Geoservices ASA (EMGS) has seen vessel utilization for the third quarter 2017 at 77% compared with 52% for the third quarter 2016. In the third quarter of 2017, the company had one vessel in operation. This vessel was allocated 72% to multi-client projects and 5% to a funded research and development project. In the […]

  • 4 November 2016

    Clean Energy Fuels, one of the largest providers of natural gas fuel for transportation in North America reported a net loss of US$12.6 million for the third quarter 2016.

  • 3 November 2016
    Business & Finance, Exploration & Production

    Offshore driller Transocean posted lower profit and revenues for the third quarter 2016 compared to prior-year quarter impacted by asset impairments and restructuring charges as well as expenses related to the grounding of the Transocean Winner drilling rig.  Transocean reported net income attributable to controlling interest of $229 million for the three months ended September […]

  • 6 October 2016
    Business & Finance

    Electromagnetic Geoservices (EMGS), a Norwegian provider of geophysical services to the oil and gas industry, has reported a multi-client data sales from its Barents Sea library.  According to its Oslo Stock Exchange filing on Thursday, the company will record revenues of $2 million related to uplift in the Barents Sea. The revenues will be recognised in […]

  • 7 November 2016
    Business & Finance

    American oil company Kosmos Energy went from black to red during the third quarter of 2016 as opposed to its performance in the prior-year quarter. The company’s revenues decreased on lower oil sales.  According to Kosmos’ 3Q 2016 report on Monday, for the third quarter of 2016, the company generated a net loss of $59.8 […]

  • 3 November 2016

    Bermuda-based Teekay LNG Partners, one of the world’s largest owners and operators of LNG carriers, said its adjusted net income for the third quarter 2016 reached US$32.1 million.