Smaller Profit at Conoco, but a Gain for Occidental
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ConocoPhillips said refined fuel prices failed to keep pace with gains by crude oil, narrowing profit margins on gasoline and diesel.
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ConocoPhillips (COP.N: Quote, Profile, Research) , the No. 3 US oil company, on Wednesday reported a 53 percent jump in quarterly profit, as soaring oil and gas prices offset the impact of lower production volumes.
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ConAgra Foods Inc. CAG.N on Thursday   posted lower quarterly profit from continuing operations as   costs for ingredients and energy increased and it spent more to   ramp up marketing and overhaul its business.
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Don't be too impressed -- great returns don't always mean much.
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ConocoPhillips COP.N on Tuesday said  third-quarter crude oil and natural gas production will be 7  percent lower than levels in the previous quarter due to  scheduled maintenance in the North Sea and Alaska, as well as  normal seasonal declines.
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ConocoPhillips  on Tuesday said third-quarter crude oil and natural gas production will be 7 percent lower than levels in the previous quarter due to scheduled maintenance in the North Sea and Alaska, as well as normal seasonal declines.
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Sales slow, margins contract -- but the price is nice.
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NEW YORK  - ConocoPhillips , the No. 3 U.S.oil company, on Wednesday said quarterly profit more thandoubled, spurred by sky-high oil and gas prices.
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The Mexican cement giant could claim huge profits gains, but it doesn't.
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Schlumberger Ltd , the world's  largest oilfield services company, posted a 22 percent rise in  fourth-quarter profit on Friday, but said weaker prices in the  United States and the effects of seasonal weather hurt margins.
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ConocoPhillips  expects third-quarter oil and gas production to be down about 5 percent from the second quarter, due in large part to problems at the Prudhoe Bay field in Alaska, the oil major said on Tuesday.
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Oil prices at record highs sent  quarterly profits up at ConocoPhillips COP.N and two other  top U.S. producers on Wednesday.
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CSX Corp. on Thursday swung to a quarterly profit from a year-ago, as a gain related to the spinoff of Conrail helped offset service disruptions, some from storms, that weighed on volume growth.
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PlanetOut Inc. showed a small gain in morning activity before shooting up more than 15 percent in recent trading, marking a successful initial public offering for the Web site operator while Thursday&#39;s second deal fell flat in its debut.
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Profit margins should continue to expand at Oil-Dri.
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Pricier commodities and the weak dollar pressured fourth-quarter profits for aluminum giant Alcoa Inc., which reported results below Wall Street's expectations - even as the worldwide aluminum industry enjoys high prices and robust demand.
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ConocoPhillips COP.N, the No. 3 U.S.  oil company, on Wednesday reported a sharp rise in quarterly  profit, as soaring oil and gas prices offset the impact of  reduced gains on asset sales and lower volumes.