Exxon Mobil sets US profit record
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High energy prices help US oil giant Exxon Mobil report the highest ever annual profit by a US company - $39.5bn.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday reported a  rise in quarterly profit, driven by soaring oil and gas prices  in the quarter.
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Crude oil broke through the record $54 (US) a barrel level briefly before falling sharply yesterday as no new shocks threatened to disrupt global supplies and traders took profits.
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Exxon Mobil Corp.  posted lower fourth-quarter earnings on Thursday on weaker natural gas prices and shrinking gasoline profits, but earnings for the full year 2006 were an eye-popping $39.5 billion, the highest in U.S. history.
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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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US oil giant Chevron said its full-year 2006 profit rose 22 percent to a company record 17.1 billion dollars even though fourth-quarter results were squeezed by falling energy prices.
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Exxon Mobil Corp. , the world's  largest public oil company, on Thursday reported quarterly  profit surged 35 percent to top $10 billion, driven by yet  another quarter of sharply higher oil prices.
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Oil giant Shell is reportedly set to announce the largest profit in UK corporate history on the back of record oil prices.
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DALLAS (CBS.MW) - Exxon Mobil on Thursday said third-quarter net income jumped 56 percent, boosted by high oil and gas prices, better refining and marketing results and record chemical earnings.
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Record high oil prices sent quarterly  profit up 53 percent at ConocoPhillips COP.N and fueled  results at other oil giants Amerada Hess AHC.N and Kerr-McGee  Corp. KMG.N
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NEW YORK - Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:  NYSE  Exxon Mobil Corp., up 50 cents at $74.61.  The company turned in a profit of $39.5 billion for 2006, the largest ever for a U.S.
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HOUSTON -- Exxon Mobil Corp. on Friday posted the largest annual profit by a U.S. company _ $40.6 billion _ as the world's largest publicly traded oil company benefited from historic crude prices at year's end.
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The worldâs largest oil service company said its second-quarter profit rose to $1.26 billion, driven by strength in its international markets. Still, Schlumberger cautioned that the short-term outlook for its North American business was uncertain due to record imports of liquefied natural gas and continued weakness in Canada.
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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. Thursday reported the biggest annual profit on record for a U.S. corporation - earning more than $75,000 every minute of 2006 on the back of record oil prices.
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ChevronTexaco Corp.CVX.N, 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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Oil&#39;s record-breaking rally lifted US crude beyond $52 a barrel on Wednesday, fueled by the impact of Hurricane Ivan on US winter inventories.