Danish wind turbine manufacturer Vestas (DKK: VWS) has announced a return to profitability as it released its 2023 third quarter results.
ConocoPhillips jumped almost 6% after the oil explorer boosted investor payouts and raised its production outlook.
Shell reported $11.2 billion in pre-tax profits for the third quarter, on the back of higher oil prices and refining margins - a figure level with the same period last year and more than double that of Q2 2023.
For more than a month, the “big five” oil majors have been free of analyst sell ratings. No longer.
The reaction from oil and gas analysts has been fairly muted after BP (LON: BP) published its third quarter financial results earlier today.
Energy giant BP (LON: BP) has unveiled its third quarter results, reporting underlying replacement costs profits of $3.29 billion (£2.7bn).
Orders and revenues at the oilfield services giant surged year on year as executives noted a ‘fundamentally tight' LNG market.