DNO Q3 2026 operating profit jumps 46% quarter-on-quarter to USD 641 million
Bitget2026/10/29 07:50- DNO’s Q3 2026 net profit rose 21% quarter-on-quarter to USD 101 million.
- Revenues climbed 34% quarter-on-quarter to a record USD 1.02 billion, driven by resumed Kurdistan production and higher portfolio prices.
- Net production jumped 61% from the previous quarter to 142,800 barrels of oil equivalent per day.
- North Sea production is expected to average around 86,000 barrels of oil equivalent per day for full-year 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey
The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.
Tom Lee Says a VIX Signal Points to a Stock Market Bottom
Is AI an engine or a killer? Morgan Stanley provides answers with data: productivity soars, but nearly 90% of the benefits are taken by 12 industries
Morgan Stanley stated that the productivity dividends from AI are concentrated in 12 highly exposed industries, with growth rates reaching twice the twenty-year average. For the first time, signs of job replacement have emerged.
Crypto prices
More
