Management has a plan in place for the next several years now that it has completed the acquisition of its subsidiaries.
The less-than-expected loss in the fourth quarter has shares surging today.
The offshore drillers' earnings results don't show a company on the mend, but more and more companies are signing up to use its rigs in the future.
Canadian company Precision Drilling was able to squeeze out a profit this past quarter, and it's looking to build on that success in 2019.
The amount of cash Phillips 66 is giving back to investors via dividends and buybacks is staggering. Management wants to keep doing it, too.
The company's better-than-expected result and debt-reduction progress have Wall Street cheering today.
After a disastrous 2018 that involved a payout cut, management's moves to shore up the balance sheet appear to be working.
Patterson-UTI Energy's business has been posting losses for more than three years, and management thinks the first half of 2019 could continue to be just as difficult.
Cleveland-Cliffs has already contracted all of its production for 2019 and expects high margins thanks to Vale's decision to cut production for safety inspections.
MPLX's management thinks all that cash coming in the door right now could be put to better use growing the business instead of maintaining its double-digit payout growth.
The decision to buy Andeavor for $23 billion is looking like a shrewd move based on the refiner's fourth-quarter earnings result.
Even though oil prices were down slightly in the fourth quarter and refining margins weren't great, the company churned out respectable cash flow and earnings.
Thanks to Equinor's plan to keep costs and capital spending low and focus on extracting oil at the cheapest price possible, it was able to produce loads of cash despite falling oil prices in the fourth quarter.
An absence of hurricane-related business and some deliberate contract exits cut into the landscaper's revenues.
The less-than-truckload freight hauler posted another solid quarter of revenue gains and improving operating efficiency.
Considering how much doom and gloom has surrounded the oil services industry in the fourth quarter, Hi-Crush's $0.08 per-unit loss doesn't look that bad.
The oil sands giant's integrated business model showed why it's so important when Canadian crude oil prices were at their lowest in decades.
The company's fourth-quarter earnings results show the company is doing incredibly well despite the recent oil price slump.
The company continues to reap the rewards of a favorable refining environment to produce loads of cash.
The company's fourth-quarter earnings report showed another period in which its Permian Basin drilling plan is reaping incredible rewards.