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Canada s Cenovus Energy beats profit estimate on production boost

By Nia Williams (Reuters) - Canadian oil and gas company Cenovus Energy beat first-quarter profit estimates on Wednesday due to higher production and .

Sriraj kalluvilaArunima kumarKabir dweitCenovus energyAlberta based cenovus

Devon Energy beats Q1 profit estimate on higher production

U.S. shale producer Devon Energy beat first-quarter profit estimates on Wednesday as higher production helped it offset a decline in natural gas prices. Higher production from Delaware.

United statesAlan baronaArunima kumarDevon energy

Devon Energy beats Q1 profit estimate on higher production

U.S. crude prices were largely range bound in the first three months of 2024 despite rising geopolitical tensions, as non-OPEC members kept up supplies, while a milder winter season and oversupply pushed natural gas prices to a 3-1/2-year low in the quarter. Devon said realized prices, without hedges, for natural gas in the reported quarter was $1.30 per thousand cubic feet (mcf), 43% lower than last year's $2.29 per mcf.

United statesRick muncriefAlan baronaArunima kumarDevon energyOklahoma city based

Marathon Petroleum Beats Q1 Profit Estimates on Elevated Fuel Demand, Tight Supplies

Marathon Petroleum Beats Q1 Profit Estimates on Elevated Fuel Demand, Tight Supplies
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

United statesArunima kumarKrishna chandra eluriUs energy information administrationMarathon petroleumInformation administration

Marathon Petroleum posts lower Q1 profit

Top U.S. refiner Marathon Petroleum posted lower first-quarter profit on Tuesday, as refining margins eased from elevated levels seen early last year following Russia s invasion of Ukraine in 2022. .

United statesArunima kumarKrishna chandra eluriMarathon petroleum

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