Earnings

Castrol Earnings Up, Luberef’s Down

Castrol Earnings Up, Luberef’s Down

May 7, 2024

BP reported a 14% increase in profits for its Castrol Lubricants business in the first quarter, citing higher margins, w ...

Profits Down for SK Enmove, S-Oil

Profits Down for SK Enmove, S-Oil

May 3, 2024

The base oil and finished lubricant businesses of SK Enmove and S-Oil both reported declines in profits for the quarter ...

First Quarter Earnings Bump for Afton

First Quarter Earnings Bump for Afton

May 1, 2024

Afton Chemical achieved a 14% increase in first-quarter operating profit, primarily due to lower costs that overcame a d ...

Vivo Lube Earnings Rose in 2023

Vivo Lube Earnings Rose in 2023

April 30, 2024

Vivo Energy, which distributes lubricants to retail and commercial customers across Africa, reported a 10% increase in e ...

South Korea Base Oil Exports Flat

South Korea Base Oil Exports Flat

April 19, 2024

South Korea’s base oil export volume was flat in March, although the reported value of the exported base oil declined ...

Profits Slip at Martin Midstream

Profits Slip at Martin Midstream

April 17, 2024

Martin Midstream Partners reported a slight decrease in first quarter operating income on lower sales for its specialty ...

AP Oil Posts Lower Profits, Sales in 2023

AP Oil Posts Lower Profits, Sales in 2023

April 12, 2024

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 202 ...

Earnings Fall at WD-40

Earnings Fall at WD-40

April 10, 2024

WD-40 Co. reported a decrease in net income on increased net sales for its maintenance products segments for its second ...

Richful Lube Additives Sales Decline

Richful Lube Additives Sales Decline

April 5, 2024

Richful Lube Additives reported last week that its lubricant additives sales revenue decreased in 2023, while its overal ...

Higher Sales Power Moove Earnings

Higher Sales Power Moove Earnings

April 3, 2024

Moove achieved large increases in profits and combined lubricants and base oil sales volume for both full year 2023 and ...

Modrica Loss Worsened in 2023

Modrica Loss Worsened in 2023

April 2, 2024

Rafinerija Ulja Modrica, Bosnia and Herzegovina’s leading base oils and lubricants manufacturer, reported a loss of 2 ...

Yip’s Lube Profits Rebounded in 2023

Yip’s Lube Profits Rebounded in 2023

March 29, 2024

Yip’s Chemicals Holdings Ltd. reported that its lubricants business rebounded with an operating profit in 2023 – aft ...

Profits Soar for Terpel

Profits Soar for Terpel

March 27, 2024

Colombian oil and gas company Terpel reported large increases in gross profit for its lubricants segment both for 2023 a ...

Michang Posted Higher Profit in 2023

Michang Posted Higher Profit in 2023

March 22, 2024

South Korean lubricants blender Michang Petroleum reported a 138% jump in net profit in 2023, despite a slight decrease ...

Martin Midstream Posts Big Income Jump

Martin Midstream Posts Big Income Jump

March 20, 2024

Martin Midstream Partners reported a hefty increase in operating income on lower sales revenue for its specialty product ...

Profits Rise at MJL, Dip for Chevron Lanka

Profits Rise at MJL, Dip for Chevron Lanka

March 15, 2024

Chevron Lubricants Lanka PLC reported decreased profits for the full year but improved earnings for its fourth quarter. ...

Lubrizol Earnings About Flat in 2023

Lubrizol Earnings About Flat in 2023

March 13, 2024

Lubrizol’s pre-tax earnings for 2023 were relatively unchanged from 2022, although Berkshire Hathaway noted that they ...

Fuchs Profits, Sales Rose in 2023

Fuchs Profits, Sales Rose in 2023

March 12, 2024

Independent lubricant blender Fuchs SE reported 9% higher net profit on a 4% increase in sales revenues in 2023, as raw ...