Latest Energy industry News
Knot Offshore: Q2 Earnings Snapshot
ABERDEEN, Britain (AP) — ABERDEEN, Britain (AP) — Knot Offshore Partners LP (KNOP) on Wednesday reported a loss of $40.4 million in its second quarter. The Aberdeen, Britain-based company said it had a loss of $1.19 per share. Earnings, adjusted for asset impairment costs, were...
Forum Energy: Q2 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Forum Energy Technologies Inc. (FET) on Thursday reported a loss of $6.6 million in its second quarter. The Houston-based company said it had a loss of 64 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to 10...
Energy sector left behind as Wall Street exits bear market
NEW YORK (AP) — Falling crude oil prices and lingering worries about the global economy have been sapping power from energy stocks throughout 2023. The sector, which includes oil and oilfield exploration companies, is coming off of two years or rising oil prices and inflation. ...
