Anadarko Earnings Rise on High Oil Prices
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Anadarko Petroleum Corp. APC.N, the  No. 1 U.S. independent oil and gas producer, on Friday reported  higher third-quarter earnings, as high oil and gas prices more  than offset restructuring costs.
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Oil prices shot up more than $1 a barrel Monday as traders focused on the changing path of Hurricane Ivan, which prompted several large oil and natural gas producers to evacuate rigs in the Gulf of Mexico.
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Exxon Mobil becomes the latest oil firm to report surging profits, driven by crude's recent record-breaking climb.
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U.S. stocks rose on Monday, boosted by  optimism about the week's earnings announcements, but record  crude oil prices limited advances.
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NEW YORK - Anadarko Petroleum Corp. has agreed to sell some US onshore properties for $850 million in cash and interests in two Wyoming fields as part of a plan to raise $2.
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Exxon Mobil Corp  said on  Friday record oil prices boosted its fourth-quarter earnings to  $11.66 billion, the highest ever operating profit by a U.S.  company.
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The company posted higher quarterly earnings per share, as  a fee related to the 1999 sale of a tobacco business offset  higher commodity prices.
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NEW YORK, September 3 (New Ratings) - Oil prices climbed yesterday on the news that Yukos Oil has issued a warning of a production cut.
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record-high crude oil prices, and they are likely to continue rising, an industry analyst said Sunday. From Sept. 24 through Friday, the combined national average for all grades of gas rose from $1.
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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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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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ConocoPhillips  posted higher fourth-quarter earnings on Wednesday, beating Wall Street expectations on record oil prices.
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LONDON : Oil prices bolted higher on fears of disruption to production and import activity in the Gulf of Mexico because of Hurricane Ivan, traders said.
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The company said its profit rose 56 percent to $1.45 billion in the fourth quarter as oil prices surged.
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U.S. blue chips were higher today, led by shares of major oil producers benefiting from higher crude oil prices, which broke through the $50 a barrel mark.
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Royal Dutch Shell Plc  posted a 2.6 percent rise in underlying profits on Thursday, beating analysts' forecasts, thanks to higher production and strong oil prices.
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ExxonMobil Corp. and Royal Dutch/Shell Group yesterday reported large increases in third-quarter profits, part of an industry-wide windfall caused by high oil prices and strong demand.