Industry News

ChampionX Reports Second Quarter 2024 Results

Revenue of $893.3 millionNet income attributable to ChampionX of $52.6 millionAdjusted net income of $71.2 millionAdjusted EBITDA of $183.2 millionIncome before income taxes margin of 9.3%Adjusted EBITDA margin of 20.5%Cash from operating activities of $67.6 million...

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Weekly share repurchase program transaction details

July 24, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period July 18, 2024 through July 24, 2024. The repurchases were made under the EUR65 million share repurchase program announced...

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Equinor second quarter 2024 results

Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted operating income* of USD 7.48 billion and USD 2.15 billion after tax in the second quarter of 2024. Equinor reported net operating income of USD 7.66 billion and net income at USD 1.87 billion. Adjusted net income*...

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Weatherford Announces New Appointment to Board of Directors

HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Steven Beringhause as a director with a term expiring at the 2025 Annual...

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