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for Earnings

Big Oil’s Best Quarter in Years
Higher oil prices and surging profits in the second quarter are giving them a lot more leeway, definitively putting an end to years of austerity.

Oil Majors Take Major Hits in Q4, But Worst May Be Over
Oil majors are now cash flow neutral with oil prices trading around $50 per barrel, a milestone achieved after relentless cuts to spending and payrolls over the past couple of years.

Despite Optimism, Oil Majors Hampered by Refining Margins, Higher Debt
Third quarter earnings figures for the oil majors reveal a mixed picture for the industry: Companies are dealing with more debt, weaker refining margins, and deeper spending cuts, but they are also experiencing increased optimism that the worst might be over.

Oil Major Debt at Record Level as Companies Refuse to Cut Dividends
The oil majors are living off of yesterday’s discoveries, and choosing to pay shareholders at the expense of future growth.

Oil Majors Post Dramatic Losses in Q1 Earnings, but Still Beat Estimates
If oil prices do not rebound substantially, the oil majors will not be able to keep up such high levels of spending and still offer shareholders such generous dividends.

Everybody Hurts: Oil Majors, Independents Drastically Cut Capex
The decline in oil prices that began in mid-2014 has wreaked havoc across all different types of companies in the industry, and there seems to be no respite in the short run. Companies are continuing to lay off staff, cut back on projects, and report eye-opening losses.