Dafinchi AI

Occidental Petroleum Corporation

OXY

Energy & Utilities

1w

Financial Performance Summary

Adjusted profit was $0.39 per diluted share, with reported profit at $0.26 per share.
Debt repayment of $7.5 billion achieved within 13 months of CrownRock acquisition, reducing interest expense by $410 million annually.
Free cash flow before working capital was approximately $700 million despite lower realized oil prices and market volatility.
Midstream & Marketing segment outperformed guidance, generating approximately $206 million above midpoint.
OxyChem pre-tax income came in below guidance due to weaker caustic and PVC pricing amid oversupply.
Oxy generated $2.6 billion of operating cash flow in Q2 2025, exceeding first half 2024 cash flow despite $11 per barrel lower WTI prices.

OGS

Energy & Utilities

1w

Financial Performance Summary

Interest expense decreased by $1.3 million compared to Q2 2024, driven by lower weighted average interest rates on commercial paper.
ONE Gas reported net income of $32 million or $0.53 per diluted share for Q2 2025, up from $27.2 million or $0.48 per diluted share in Q2 2024.
Operating and maintenance expenses rose 7.5% year-over-year, primarily due to higher labor costs and timing of expenses.
Revenue increased by approximately $21.1 million from new rates and $1.5 million from customer growth.
The company declared a quarterly dividend of $0.67 per share, unchanged from the previous quarter.

Exxon Mobil Corporation

XOM

Energy & Utilities

2w

Financial Performance Summary

2025 project start-ups are expected to drive more than $3 billion of earnings in 2026 at constant prices and margin.
Chemical earnings showed resilience despite lower sequential margins, supported by feed flexibility, high-value products, and cost control.
ExxonMobil achieved the highest second quarter production since the Exxon and Mobil merger over 25 years ago.
Operating expenses excluding energy costs and production taxes remain lower than 2019 levels despite inflation and growth.
Permian Basin production reached a record 1.6 million oil equivalent barrels per day during the quarter.
The company has realized $1.4 billion in structural cost savings year-to-date, targeting $18 billion by 2030 off a 2019 basis.

International Seaways, Inc.

INSW

Energy & Utilities

2w

Financial Performance Summary

Adjusted EBITDA for the quarter was $102 million, reflecting strong cost management and operational efficiency.
Free cash flow for Q2 was approximately $71 million, representing an annualized cash flow yield of nearly 15% on the current share price.
Gross debt stood at $553 million with a net loan-to-value ratio comfortably under 15%, highlighting a strong balance sheet.
Net income for Q2 2025 was $62 million or $1.25 per diluted share, with adjusted net income excluding vessel sale gains at $50 million or $1.02 per diluted share.
Total liquidity ended the quarter at over $700 million, including $149 million in cash and $560 million in undrawn revolver capacity.

Borr Drilling Limited

BORR

Energy & Utilities

6d

Financial Performance Summary

Adjusted EBITDA rose by $37.1 million (39%) to $133.2 million in Q2.
Cash decreased by $77.8 million in Q2 mainly due to $98.3 million semiannual interest payments and $20.8 million income taxes.
Cash position at end of Q2 was $92.4 million with $150 million undrawn credit facility, total liquidity $242.4 million.
Free cash flow generated in the first half of 2025 was $106.5 million.
Net income was $35.1 million, up $52 million from the previous quarter.
Operating income increased by $36.3 million (60%) to $96.5 million.
Q2 2025 revenue increased by $51.1 million (24%) to $267.7 million compared to Q1.
Total operating expenses increased by $14.4 million (9%) due to higher rig operating costs.