ConocoPhillips profit surges on higher oil prices
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ConocoPhillips , the No. 3 U.S.  oil company, on Wednesday reported a 65 percent surge in  quarterly profit, boosted by sharply higher crude oil prices  and the recent acquisition of Burlington Resources.
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The company said quarterly profit would be higher than analystsâ estimates and it raised its full-year outlook as exchange rates and price and volume increases offset high commodity costs.
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The oil field services company said its emphasis on Middle Eastern markets contributed to a nearly 5 percent jump in fourth-quarter profit.
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Occidental Petroleum Corp. OXY.N on  Monday reported a higher quarterly profit, benefiting from high  oil and gas prices.
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ChevronTexaco Corp., the No. 2 U.S.  oil company, on Friday said quarterly profit jumped, driven  largely by a sharp rise in oil and gas prices.
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Oil major BP beat forecasts with a 23  percent rise in replacement cost net profit to a record $6.11  billion on Tuesday, as high oil prices and strong refining  margins more than made up for a drop in output.
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Barrick Gold and Newmont Mining said profit surged in the fourth quarter as the price of bullion jumped.
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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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Canadian Natural Resources Ltd., Canada&#39;s second-largest natural-gas producer, said third-quarter profit jumped 55 percent as prices soared and acquisitions boosted output.
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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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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday said quarterly  profit surged 56 percent, driven by soaring oil prices and  strong results from refining operations.
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Exxon Mobil Corp, the world's largest non-government-controlled oil company, on Friday posted the highest-ever quarterly and yearly profits by a U.S. company, propelled by record oil prices.
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Shares in the French oil major Total gained in early trading after the company revealed stronger-than-expected growth at its refining and chemical operations, pushing third quarter net profit above consensus forecasts.
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ConocoPhillips , the No. 3 U.S. oil company, posted higher fourth-quarter earnings on Wednesday, beating Wall Street expectations on record oil prices.
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Exxon Mobil made history on Friday by reporting the highest quarterly and annual profits ever for a U.S. company.
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HOUSTON  Â Record oil prices helped ConocoPhillips post a 37 percent increase in fourth-quarter profit even though it produced less crude oil and natural gas than a year earlier.
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The company said its profit rose 56 percent to $1.45 billion in the fourth quarter as oil prices surged.