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U.S. Upstream M Activity Declines in Q2 Amid Permian Demand

U.S. Upstream M Activity Declines in Q2 Amid Permian Demand

U.S. Upstream M Activity Declines in Q2 Amid Permian Demand
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Diamondback Energy Reports Strong Q2 2026 Financial Results Amid Production Milestones

Diamondback Energy Reports Strong Q2 2026 Financial Results Amid Production Milestones

Diamondback Energy Reports Strong Q2 2026 Financial Results Amid Production Milestones
Reuters Reuters
ConocoPhillips CEO Lance to retire, finance chief to take helm

ConocoPhillips CEO Lance to retire, finance chief to take helm

Aug 6 (Reuters) - Oil and gas producer ConocoPhillips said on Thursday Chief Executive Ryan Lance will retire after leading the oil producer for 14 years, with Chief Financial Officer Andy O'Brien set to take over as CEO on September 1.
Reuters Reuters
Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

By Pooja Menon Aug 5 (Reuters) - Phillips 66 reported a nearly fourfold jump in second-quarter profit on Wednesday, crushing Wall Street estimates, as the Middle East conflict squeezed global fuel supplies and sent U.S. refining margins soaring.
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Devon Energy Reports Strong Q2 2026 Earnings, Surpassing Estimates

Devon Energy Reports Strong Q2 2026 Earnings, Surpassing Estimates

Devon Energy Reports Strong Q2 2026 Earnings, Surpassing Estimates
TheStreet TheStreet
Wayfair found growth where the housing market is weakest

Wayfair found growth where the housing market is weakest

Wayfair (W) just posted the kind of quarter that should be impossible in today’s housing market. Existing-home sales fell 2.4% in June. Pending sales dropped 5.4%. Elevated mortgage rates and record home prices have kept many buyers from moving, cutting off a traditional source of demand for ...
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Midstream Companies Enbridge, Enterprise Products Partners, and MPLX Show Consistent Dividend Growth

Midstream Companies Enbridge, Enterprise Products Partners, and MPLX Show Consistent Dividend Growth

Midstream Companies Enbridge, Enterprise Products Partners, and MPLX Show Consistent Dividend Growth
Reuters Reuters
Axon posts lower quarterly gross margin on higher mix of services, new product scaling

Axon posts lower quarterly gross margin on higher mix of services, new product scaling

Aug 5 (Reuters) - TASER-maker Axon Enterprise posted lower second-quarter gross margin on Wednesday, weighed by a higher mix of less lucrative professional services and investments in scaling new product offerings.
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Devon Energy Achieves $1.9 Billion Q2 Profit Post-Coterra Merger, Enhances Production and Cash Flow

Devon Energy Achieves $1.9 Billion Q2 Profit Post-Coterra Merger, Enhances Production and Cash Flow

Devon Energy Achieves $1.9 Billion Q2 Profit Post-Coterra Merger, Enhances Production and Cash Flow
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Wayfair Reports Strong Q2 2026 Results with Record Free Cash Flow

Wayfair Reports Strong Q2 2026 Results with Record Free Cash Flow

Wayfair Reports Strong Q2 2026 Results with Record Free Cash Flow
Reuters Reuters
Marathon Petroleum's profits surge on big refining margin boost

Marathon Petroleum's profits surge on big refining margin boost

By Nicole Jao and Arunima Kumar NEW YORK, Aug 4 (Reuters) - U.S. refiner Marathon Petroleum on Tuesday reported second-quarter profit jumped four-fold to $5.14 billion, topping analyst estimates as prolonged disruptions to crude supplies through the Strait of Hormuz doubled refining margins.
Reuters Reuters
Shale producer APA beats second-quarter profit estimates on higher crude prices

Shale producer APA beats second-quarter profit estimates on higher crude prices

Aug 5 (Reuters) - Oil and gas producer APA beat Wall Street estimates for second-quarter profit on Wednesday, as higher crude prices outweighed a decline in output.