BP's Profit Surges 53 Percent in 3Q
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High oil and gas prices and bigger profit margins in refining helped BP PLC drive up third-quarter earnings by 53 percent, the company said Tuesday.
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CHERRY HILL, NJ -- Commerce Bancorp Inc., the parent of Commerce Bank, said Tuesday its profit jumped 42 percent in the third quarter, boosted by strong deposit growth.
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ExxonMobil (XOM:NYSE - news - research) stepped up to the plate Thursday with record-breaking profits that raced past Wall Street estimates.
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LONDON (CBS.MW) - British oil major BP Monday said third quarter production rose 11 percent on the year-ago quarter to 3.88 million barrels of oil equivalent a day, missing some analyst expectations for a rise of as much as 14 percent.
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Third-quarter operating profit rose more than 50 percent thanks to resurgent earnings at the companyâs core VW brand.
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Oil prices rose for a third day on   Tuesday, climbing back above $64 after a fresh delay to BP's   giant Thunder Horse oilfield in the Gulf of Mexico underscored   the difficulty in meeting future demand growth.
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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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UK energy exploration firm BG Group posts a 22% rise in annual profits on the back of strong gas and oil prices.
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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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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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BP Plc, the world's second largest oil  company, reported bumper third-quarter earnings on Tuesday on  the back of high oil prices.
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Oil giant BP reports a 15% rise in annual profits, buoyed by high crude prices in the first half of the year.
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Oil services company Halliburton Co   on Sunday said third-quarter net profit rose 19  percent, helped by a tax benefit, new international contracts  and higher activity from its customers.
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High oil and gas prices and bigger profit margins in refining helped the British energy giant BP PLC nearly double its third-quarter earnings.
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BP Plc, the world's second-largest  listed oil company by market capitalization, reported  above-consensus fourth-quarter profits on Tuesday thanks to  high oil prices and strong refining margins.
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Oil services company Halliburton Co  on Sunday said third-quarter net profit rose 19 percent, helped by a tax benefit, new international contracts and higher activity from its customers.
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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.