Source: Dreamstime
Reading time: 2 minutes
The leading U.S. crude oil and natural gas producer posted refreshingly upbeat results on the backdrop of surging commodities prices and lower operational costs.
Tag Archives: Q3 2021
Wells Fargo’s Latest Quarterly Revenues Explode with Gains of Nearly 60%, But There’s a Catch
Source: Dreamstime
Reading time: 2 minutes
The U.S. banking service provider crushed analyst estimates with a stellar quarterly performance which, however, was somewhat backed by the release of its credit loss reserves: the money meant for covering losses on loans in the event of defaults or nonpayments. The company’s stock dipped 1.6% shortly after the news.