Posts Tagged ‘the-year-ago’

Chesapeake crashes to $2.05bn loss

by on November 1, 2012 9:02 pm GMT
In the three months to September, the company took a $2.02 billion writedown on oil and gas properties, a $63 million charge in natural gas and oil derivatives hedging and an additional $28 million in writedowns.On the plus side, the company saw its oil production nearly double to 89,960 barrels,

Oil States treated to strong quarter

by on October 31, 2012 9:26 pm GMT
The Arlington, Texas-based company posted net income of $103.8 million in the three months to September, up from $91.8 million in the year-ago period.The company also achieved a offshore projects backlog of $597 million, as the “outlook remains robust and bidding and quoting activity is very strong,

Surface work drags on FMC

by on October 23, 2012 9:30 pm GMT
The Houston-based service specialist reported net income of $98.9 million compared with $121.1 million in the year-ago period."Execution has improved and we expect continued solid performance in the coming quarters," chief executive John Gremp said in a statement."We remain positive on the overall subsea market

Helix profit shrinks on sale, storm

by on October 22, 2012 11:13 pm GMT
The Houston-based company posted net income of $14.9 million for the three months ending in September, compared to $46 million in profits in the year-ago period."Our well intervention and robotics businesses continue to perform at a high level and the outlook remains robust," chief executive Owen