@Reuters energy correspondent & amateur triathlete. Work in oil/gas? Let's talk: ernest.scheyder@reuters.com; 225-819-7371

MrTopStep

mrtopstep.com — Meanwhile, resulting costs from all of this activity and restlessness are paid for by investors in the form of bid/ask spreads, commissions, poor market timing decisions and market impact costs. It's a virtuous cycle that will likely get worse as it becomes easier and easier to trade whatever you want, whenever you want.

Tumbling oil prices slam profit at Exxon Mobil, Chevron

reuters.com — Earnings at Exxon and Chevron, two of the world's largest oil producers, also missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer. The results also highlighted how smaller and more nimble U.S.
Jul 31, 2015

"I think they are realizing the days of $100 a barrel (oil) are over." reuters.com/article/idUSKC…

Jul 31, 2015

RT @ErnestScheyder: "I think they are realizing the days of $100 a barrel (oil) are over." reuters.com/article/idUSKC…

Tumbling oil prices slam profit at Exxon Mobil, Chevron

businessinsider.com — By Ernest Scheyder and Anna Driver (Reuters) - Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp , compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude.

WRAPUP 2-Tumbling oil prices slam profit at Exxon Mobil, Chevron

reuters.com — By Ernest Scheyder and Anna Driver July 31 (Reuters) - Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp , compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude.

Tumbling oil prices slam profit at Exxon Mobil, Chevron

uk.reuters.com — Weak oil prices CLc1 shrivelled quarterly profit at Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude.
Jul 31, 2015

Tumbling oil prices slam profit at Exxon Mobil, Chevron reut.rs/1Havrtf via @ReutersUK

REFILE-UPDATE 1-Chevron profit tumbles 90 percent, misses estimates; shares drop

reuters.com — By Ernest Scheyder July 31 (Reuters) - Second-quarter profit at oil producer Chevron Corp tumbled 90 percent, missing analysts' expectations, amid weakness in oil prices. Chief Executive John Watson bluntly said the results were "weak" and that he was working to slash costs by renegotiating supply contracts.

Chevron Q2 Earnings - Business Insider

businessinsider.com — (Reuters) - Oil producer Chevron Corp reported a 90 percent drop in second-quarter profit on Friday as falling oil prices eroded results. The company posted net income of $571 million, or 30 cents per share, compared with $5.67 billion, or $2.98 per share, in the year-ago period.

Exxon profit halved by tumbling crude price

theglobeandmail.com — Exxon Mobil Corp reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company. Profit at Exxon's exploration and production business fared even more poorly with a profit of $2-billion, down sharply from $7.9-billion a year earlier.

UPDATE 1-Occidental profit meets expectations amid oil price slump

reuters.com — By Ernest Scheyder July 30 (Reuters) - Occidental Petroleum Corp reported an 85 percent drop in quarterly profit on Thursday that met Wall Street's expectations despite a more-than 50 percent drop in crude oil prices from last year's levels.

UPDATE 1-Whiting cuts budget less than two weeks after raising it

reuters.com — By Ernest Scheyder July 29 (Reuters) - Whiting Petroleum Corp cut its 2015 budget on Wednesday less than two weeks after raising it, a turnaround that underscores the uncertainty engulfing the energy industry while crude prices sit roughly 50 percent below last year's levels.
Jul 29, 2015

FULL STORY: North Dakota oil giant @WhitingPetro cuts its 2015 budget less than two weeks after raising it reuters.com/article/2015/0… $WLL

More Articles →
Aug 03, 2015

U.S. crude oil future prices down 2 percent in Monday morning trading --

Aug 03, 2015

In my inbox: "Titanic-themed musical protest at Shell’s Arctic oil drilling"

Jul 31, 2015

"I think they are realizing the days of $100 a barrel (oil) are over." reuters.com/article/idUSKC…

Jul 31, 2015

I'll be on North Dakota's @PrairiePublic radio today at 4 p.m. ET/3 p.m. CT to talk oil prices. You can listen here: prairiepublic.org/radio

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