Noble Energy Inc said on Friday it would shift some investments outside of the Permian Basin and cut back on planned well completions as the company adjusts to ongoing transportation bottlenecks plaguing U.S. oil companies.
U.S. oil refiner HollyFrontier Corp's quarterly profit missed analysts' estimates on Thursday, hurt by an outage that increased operating costs and cut refining volumes sending its shares down as much as 11.8 percent in early trade.
Canada's Shopify Inc reported another quarter of slowing growth in a key metric that overshadowed a surprise adjusted quarterly profit, sending the company's shares down about 6 percent.
Canada's Cenovus Energy said on Thursday it would hold back on future oil production until pipeline bottlenecks have eased, while some of the country's top oil and gas producers ramped up output in the recent quarter in response to higher demand.
SandRidge Energy Inc said on Friday it had been approached by 17 potential bidders for a buyout, including billionaire Carl Icahn who is fighting for control of the oil and gas producer's board.
Oil and gas producer Devon Energy Corp said on Wednesday it would sell its stakes in pipeline operator EnLink Midstream for $3.13 billion to pare debt and focus on its core shale business as crude prices hover near four-year highs.
Canada's Loblaw Cos Ltd reported a better-than-expected quarterly profit on Wednesday and said it plans to expand its online grocery services in the country amid increasing competition from Amazon.com Inc .
Cabot Oil and Gas Corp beat profit expectations for the first quarter on Friday as the company cut costs by selling its non-core assets in the Eagle Ford shale.
Shaw Communications Inc's quarterly profit easily topped analysts' estimates on Thursday as the Canadian telecom services company's investments in its wireless business helped more than double subscriber additions.
Canadian oil and gas producer Enerplus Corp reported a quarterly profit that beat estimates on Friday as the company's strategy to focus on oil assets paid off.