Sentences with phrase «quarter production this year»

Encana said it expects fourth - quarter production this year to be between 400,000 and 425,000 boepd.

Not exact matches

«Despite the temporary pullback in production in the first quarter, we still expect our oil sands volumes for the year to be within our original guidance of 364,000 to 382,000 barrels per day,» he told a conference call with analysts.

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

Rising inventories are partly due to soaring U.S. production , which jumped by a quarter in the last two years to 10.6 million bpd.

Total upstream production came in at 689,400 barrels of oil equivalent per day in the first quarter, compared to 725,100 boe / d in the prior year quarter, as oilsands output fell to 404,800 barrels per day from 448,500 bpd.

The second method is to have the equipment purchased and installed at the beginning of the business year or quarter closest to the time when you'll actually need the equipment, allowing time for training and working out bugs before the equipment is placed into full production.

The company returned to profitability last quarter, while investments in expanding its reach and scale have it positioned to ride the growth in shale production even higher in coming years.

Cenovus reported total production of 555,000 barrels of oil equivalent per day in the fourth quarter, up from 283,000 boe / d in the same period last year, as oilsands production rose to 361,000 bpd from 164,000 bpd.

Cenovus reported fourth - quarter net income of $ 620 million or 50 cents per share on Thursday, well ahead of $ 91 million, or 11 cents per share, in the year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston - based ConocoPhillips, last year.

But again Saab's appealing contours crumpled against the cruel guardrail of financial reality, with production plummeting by three - quarters in just a few short years.

Musk plans to shut down its Fremont, California factory for 10 days in the second quarter but said Tesla will meet the production target of 5,000 Model 3s per day by the end of June, as planned, and will turn a profit in the second half of the year.

For a company that had hedged a quarter or half of its oil production last year at $ 80 or $ 90 per barrel, they will now suddenly feel the pain of oil trading at $ 60 per barrel.

Canadian Natural production averaged a record 1.02 million barrels of oil equivalent per day in the fourth quarter, a 19 per cent increase from the year - earlier period, as it ramped up the latest expansion of its Horizon oilsands mining and upgrading project.

Although steel production rose by 3 % in the first three quarters of last year, the increase in demand still outstripped it.

The U.S. tech giant notified suppliers that it had decided to cut the first - quarter production target to around 20 million units, in light of slower - than - expected sales in the year - end holiday shopping season in key markets such as Europe, the U.S. and China.

The biggest jump in production during the quarter came from BHP's copper division, where output more than doubled year - on - year, thanks to soaring production at its Escondida mine in Chile.

Total production volumes of 102.7 Mboe / d in first - quarter 2018 increased 6 percent vs. fourth - quarter 2017 and were 76 percent higher than the same period a year ago.

WPX's Delaware production averaged 63.2 Mboe / d in first - quarter 2018, up 8 percent vs. fourth - quarter 2017 and 119 percent higher than the same period a year ago.

Williston Basin production averaged 39.5 Mboe / d in first - quarter 2018, up 2 percent vs. the most recent quarter and 34 percent higher than the same period a year ago.

LONDON Royal Dutch Shell reported on Thursday a 42 percent rise in first - quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts.

Production is running at record levels in the financial year to date and BHP produced 58 million tonnes of iron ore during the quarter, up 8 per cent on the previous corresponding period.

There was also good news from the company's metallurgical coal division, where production from its Queensland mines rose 2 per cent during the March quarter year - on - year and 7 per cent on the December quarter.

Barrick Gold Corp. (NYSE, TSX: ABX) reported late Monday that first - quarter adjusted earnings rose from a year ago despite lower production, with the company's profitability helped by higher gold prices.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

In a sign that the U.S. shale patch is boosting output that has been keeping a lid on oil prices, four U.S. shale companies reported second - quarter production that beat targets and increased their respective full - year output growth guidance.

The company had originally set out to deliver between 80,000 to 90,000 vehicles this year but later reduced its guidance to 79,000 after experiencing less than expected deliveries in the past quarter as a result of Model X production delays.

Programming and production costs at cable were relatively flat in the quarter consistent with our expectations and we still expect these costs to be up low teen percentage points for the full year.

Glencore says profit to be at high end of rangeGlencore PLC (GLEN.LN) said Thursday that production in the first quarter of 2018 was largely in line with views across all commodity groups, with full year guidance unchanged.

Centamin pretax profit more than doublesCentamin PLC's (CEE.T) first - quarter pretax profit more than doubled on year, pushed higher by increased production, sales and gold prices.

Within product revenue, system [3D printer] revenue for the quarter increased by 1 %, compared to the same period last year, driven by continued demand of our F123 Series targeting [the] professional rapid prototyping application, as well as initial sales of our new J700 Dental Solution and our H2000 Large Part FDM 3D Production System.

-LRB-...) the big driver was what the Bureau of Economic Analysis dubs motor vehicles -LRB-...), production of which hiked first - quarter GDP by 1.12 percentage points, more than double the rise they provided in last year's fourth quarter.

Net losses were down by about 60 % from year - ago levels, and even though production was down slightly from the third quarter of 2016, Whiting managed to make considerable progress even with sales of assets that had contributed substantially to production in last year's results.

In response, management reduced agriculture equipment production by 33 % in the second quarter year - over-year.

By: Marleny Arnoldi 3rd May 2018 Diversified miner Glencore on Thursday reported that its production for the first quarter was largely in line with expectations across all commodity groups and that its full - year guidance remains unchanged.

First, keep in mind ExOne's first - quarter sales from 3 - D printed products, materials, and production service centers actually rose by 37 % year over year to $ 3.7 million.

For example, BorgWarner CEO James Verrier said, «China light vehicle production was up close to 7 %, which was well ahead of our expectations as we went into the quarter,» and then, discussing the full - year, said, «I would say we're closely aligned with IHS» view, which is calling for about 2 % growth in China.»

Gold production for the quarter fell to 1.59 million ounces from 1.8 million ounces a year ago with an average gold price of $ 1,285 per ounce compared to $ 1,629 an ounce a year ago.

The prices of outputs from the final stage of production increased by 4.3 per cent over the year to the December quarter (Graph 56).

At the same time, the company's oil and gas production dropped 10 per cent to 300,000 barrels of oil equivalent per day in the quarter from 334,000 barrels of oil equivalent per day last year.

12-21-2009 Caledonia Mining Secures a Renewed Zimbabwe Gold Dealership License 11-12-2009 Caledonia Mining Announces Third Quarter 2009 Results 11-09-2009 Blanket Mine Awarded Exporter of the Year 09-04-2009 Caledonia reduces exercise price of outstanding options 08-11-2009 Caledonia Mining 2009 Second Quarter and Half Year Results and Management Conference Call 07-01-2009 Mitsubishi Corporation Withdraws From Proposed Participation in the Rooipoort and Mapochsgronde Platinum Projects in South Africa 05-28-2009 Report on 2009 Annual General Meeting and Shareholder Update 05-18-2009 Caledonia Mining First Quarter 2009 Results 05-06-2009 Blanket Mine Commences Production and Export of Gold 04-03-2009 Caledonia Mining announces the Imminent Resumption of Gold Mining at the Blanket Gold Mine in Zimbabwe 04-02-2009 Caledonia's Q4 and Annual Results 2008 Conference Call 04-01-2009 Caledonia Mining announces its Fourth Quarter and 2008 Annual Results 04-01-2009 Caledonia Mining Fourth Quarter 2008 Results Filing Delayed

Domestically sourced inflation was a little stronger in the March quarter, with domestic inflation at the final stage of production rising to 4.1 per cent in year - ended terms.

The production measure of GDP increased by 0.2 per cent in the June quarter and by 4.2 per cent over the year to the June quarter.

LONDON — Chilean - focused Antofagasta said first quarter copper production fell by 10.5 % to 153 800 t compared with the same quarter a year ago, mainly because of lower quality ore, but kept full - year output guidance unchanged.

At the final stage of production, construction costs continued to contribute significantly to price inflation, rising by 2.4 per cent in the quarter and by 8.2 per cent over the year.

Production value from construction and real estate activities exceeded AED266billion last year, a quarter of the producProduction value from construction and real estate activities exceeded AED266billion last year, a quarter of the productionproduction of...

In second quarter release management said that the joint venture is progressing on schedule with production to start next year.

Glencore's attributable ferrochrome production of 409 000 t for the quarter was 7 % lower year - on - year, mainly reflecting furnace downtime and challenges with the subsequent restart.

At the Houston - based company, production from the Marcellus has risen about 85 % over the past year and now accounts for more than one - quarter of its total output.

Zinc production, meanwhile, decreased by 7 % year - on - year to 242 700 t for the first quarter, mainly as a result of the disposal of the Rosh Pinah mine, in Namibia, and the Perkoa mine, in Burkina Faso, to Canadian miner Trevali Mining in August last year.

Nickel production of 30 100 t for the first quarter was 21 % higher year - on - year, reflecting the continuing stabilisation and ramp - up of the processing plant at Koniambo, in New Caledonia, where both production lines are now operational.