SLB revenue rises 5% to $8.97 billion
SLB (NYSE:SLB) reported second-quarter revenue of $8.97 billion, up 5% year over year, while net income reached $786 million.
SLB (NYSE:SLB) reported second-quarter revenue of $8.97 billion, up 5% year over year, while net income reached $786 million.
Brent crude reached $100.30 per barrel as disruptions threatened oil flows through the Strait of Hormuz and Red Sea.
TotalEnergies (NYSE:TTE) reported second-quarter adjusted net income of $6.03 billion, up about 68%, as energy prices and refining margins increased.
Halliburton (NYSE:HAL) reported Q2 2026 revenue of $5.7 billion and net income of $534 million, or $0.64 per diluted share.
U.S. stock futures climbed Monday as oil prices declined after Iran signaled it remained open to negotiations following nine days of U.S. strikes.
Magnolia Oil & Gas (NYSE:MGY) agreed to acquire WildFire Energy for approximately $4.06 billion, including WildFire’s debt, expanding its South Texas oil and gas position.
ING Groep (NYSE:ING) reported that Strait of Hormuz liquefied natural gas exports halted, driving regional prices up 25%.
ConocoPhillips (NYSE:COP) agreed to acquire a 42% interest in BP’s (NYSE:BP) Kirkuk venture, covering four producing fields and more than 3 billion barrels of oil equivalent.
Brent crude futures rose 0.08% to $84.30 as U.S.-Iran attacks threatened supplies through Hormuz and the Red Sea.
Dorian LPG (NYSE:LPG) declared a $1.00 per share irregular cash dividend to return $42.8 million to shareholders.
Halliburton (NYSE:HAL) announced it secured a multi-year contract from Aramco to support unconventional gas development programs in Saudi Arabia.
Brent crude futures rose 0.7% to $85.31 a barrel, while West Texas Intermediate futures gained 0.4% to $79.69 as U.S.-Iran hostilities intensified.