Schlumberger Posts Profit But Shares Fall
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Schlumberger Ltd. SLB.N, the world's  largest oilfield services company, on Friday posted a  third-quarter profit but weakness in the U.S. Gulf of Mexico  and a pullback in its Russian operations weighed on shares.
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Dow Chemical Co  on Tuesday reported a drop in quarterly profit that was not as steep as analysts had expected as growth overseas helped offset weak housing and auto markets and spiraling energy and raw material costs.
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British energy giant BP, reeling from fatal safety errors and a boardroom scandal, said Tuesday that third-quarter profits almost halved owing to lower output, US gas prices and refinery outages.
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Declining oil prices and mounting safety spending sent BP PLC's fourth-quarter profit down 22 percent to a two-year low, the oil company said Tuesday.
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Chevron Corp. , the No. 2 U.S. oil company, said on Friday its fourth-quarter profit fell, pulled down by weaker natural gas prices and refining margins.
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Profit taking after Wall Street's nine-session rally pushed stocks slightly lower Monday even as oil prices continued their downward trend.
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Oilfield services company Schlumberger Ltd. said Friday net profit rose 22 percent in the fourth quarter, driven by demand in the Eastern Hemisphere and Latin America.
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Loews Corp  said on Monday third-quarter profit fell 12.5 percent, as the cost of a legal settlement at its CNA Financial Corp  offset improved results in tobacco and drilling operations.
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SAN RAMON, Calif. -- Chevron Corp.'s fourth-quarter profit dropped by nine percent, but the oil company still made enough to post its third consecutive year of record earnings.
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Oil and aluminum group Norsk Hydro ASA said Monday fourth-quarter profit fell 68 percent as the company reported earnings a day earlier than scheduled after financial information was leaked.Comment
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Kroger Co. , the largest US grocer, on Tuesday reported a lower quarterly profit, hurt by debt costs even as sales rebounded in Southern California where it was hit by a strike.
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BP reported a 45 percent fall in  third-quarter replacement-cost profit to $3.867 billion due to  lower oil and gas production, problems at its refining division  and fewer asset sales which had flattered the year-earlier  result.
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NEW YORK/HOUSTON  - Schlumberger Ltd , the world's largest oilfield services company, posted a 22 percent rise in fourth-quarter profit on Friday but missed Wall Street forecasts because of weakness in its U.S. onshore market.
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Natural gas producer and pipeline  company El Paso Corp.  posted a second-quarter profit on  Monday, but its exploration and production earnings weakened,  sending its shares down 4.5 percent.
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Profit at PG&amp;E Corp. fell 55.3 percent in the most recent quarter, a drop the company blamed Tuesday on a lingering effect of California&#39;s energy crisis.
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Despite beating expectations, Schlumberger gets knocked around by the market.
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Loews Corp  said on Monday third-quarter profit fell 12.5 percent as investment losses and a legal settlement at its commercial insurance unit offset better results in tobacco, drilling and oil pipelines.