Higher output raises BP 4Q profit
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BP PLC reported a 53 percent rise in fourth-quarter net profit Tuesday as oil prices surged, but full-year profits fell due to refining outages and rising costs.
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British oil giant BP reported a 43-percent rise in third-quarter pro forma net profit to 3.94 billion dollars (3.08 billion euros) as oil prices continued to soar.
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ConocoPhillips  posted higher fourth-quarter earnings on Wednesday as record oil prices outweighed lower profits from gasoline production.
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Occidental Petroleum Corp. OXY.N,  among the top U.S. oil and gas producers, on Thursday said  quarterly profit shot up 70 percent, spurred by the dramatic  rise in oil and gas prices in recent months.
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High oil prices, combined with surging demand for oil products such as petrol, land BP another jump in profits.
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Record oil prices lifted Exxonâs fourth-quarter earnings to $11.66 billion, the highest ever operating profit by a U.S. company.
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British oil giant BP reported a 43-percent rise in third-quarter pro forma net profit to 3.94 billion dollars (3.08 billion euros) thanks to soaring crude prices and booming demand.
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U.S. chemical major DuPont Co said on Tuesday that fourth-quarter earnings rose before special items, helped by increased profits from its performance materials business and strong agricultural sales in Brazil.
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BP PLC reported an 11 percent increase in production for the third quarter on Monday, which may help its profit results over the same period.
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LONDON  - BP PLC reported an 11 per cent increase in production for the third quarter Monday, which may help its profit results over the same period.
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Oil services firm reports record profits but hints the fourth quarter won't be as rosy
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Pepsi Bottling Group Inc.  reported higher-than-expected profit on Tuesday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up more than 4 percent.
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BP Plc, the world's second largest oil  company, beat analysts' expectations to report bumper third  quarter earnings on Tuesday on the back of high oil prices and  strong refining and chemicals margins.
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Oil major BP&#39;s BP.L oil and gas production has risen 11 percent in the third quarter from a year earlier, with sharply rising Russian output counteracting falls elsewhere, as oil prices soared to new highs.
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Natural gas producer and pipeline company Williams Cos. Inc.  posted a higher fourth-quarter profit on Thursday that topped Wall Street expectations, as a tax settlement and higher margins for natural gas liquids offset weaker gas prices.
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ChevronTexaco Corp., the No. 2 U.S. oil company, on Friday reported a rise in quarterly profit, pumped up by record oil and gas prices and gains on asset sales.
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Royal Dutch Shell Plc  said on Thursday its fourth-quarter current cost of supply (CCS) net profit rose 14 percent to $6 billion.