Matador (MTDR) records strong Q1 earnings, owing to higher production volume, fueled by increased output from its key wells.
Baker Hughes' (BKR) Q1 earnings benefit from higher contributions from Oilfield Services and Equipment, as well as the Industrial & Energy Technology business units, fueled by significant contract wins.
Petrobras (PBR) leads global oil and gas investment surge, doubling investments in 2023 to $21.4 billion. Strong project returns fuel production growth and solidify PBR's position in the industry.