Industry News

LUFKIN Introduces Well Manager™ 2.0 with NOVAWAVE™

Advanced Automation Offers Only Validated Solution for Deviated Wells to Decrease Well Failure Rates for Enhanced Profitability MISSOURI CITY, Texas, April 23, 2025 (GLOBE NEWSWIRE) -- LUFKIN Industries, a pioneer in rod lift optimization solutions, products,...

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Q1 2025 Trading Update and Invitation to Earnings Call

Oslo, 23 April 2025 – DNO ASA, the Norwegian oil and gas operator, will publish its Q1 2025 operating and interim financial results on 15 May at 07:00 (CET). A videoconference call with executive management will follow at 14:00 (CET). Today the Company provides an...

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Baker Hughes Company Announces First-Quarter 2025 Results

First-quarter highlights Orders of $6.5 billion, including $3.2 billion of IET orders.RPO of $33.2 billion, including record IET RPO of $30.4 billion.Revenue of $6.4 billion, consistent year-over-year.Attributable net income of $402 million.GAAP diluted EPS of $0.40...

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Weatherford Appoints New Chief Financial Officer

HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced Anuj Dhruv has been appointed as Executive Vice President and Chief Financial Officer. Girish Saligram, President and Chief...

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Weatherford Announces First Quarter 2025 Results

First quarter revenue of $1,193 million decreased 12% year-over-yearFirst quarter operating income of $142 million decreased 39% year-over-yearFirst quarter net income of $76 million, a 6.4% margin, decreased 32% year-over-yearFirst quarter adjusted EBITDA* of $253...

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Range Announces First Quarter 2025 Results

FORT WORTH, Texas, April 22, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2025 financial results. First Quarter 2025 Highlights – Cash flow from operating activities of $330 millionCash flow from operations, before...

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Baker Hughes Declares Quarterly Dividend

HOUSTON and LONDON, April 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on May 16, 2025, to holders of record on...

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