Articles Tagged "q3"

Exxon Mobil records biggest US quarterly profit ever

Shares of Exxon Mobil, floundered as it posted its Q3 income of $14.83 billion, shattering the U.S. record. Exxon Mobil’s investor relations, chief David Rosenthal, said: Our integrated business portfolio, strong operational performance and financial discipline continued to allow us to capture the benefits of the commodity price environment. Despite recent volatility in the financial, commodity and [...]

Occidental’s profit soars 70%

Occidental Petroleum Corp., riding record-high crude-oil prices and slightly higher production, announced  a 70% increase in its Q3 results. Ray Irani, chairman and chief executive officer, Occidental Petroleum Corp., said: As we look forward, we believe our disciplined approach to fiscal management has positioned the company to continue to succeed in the current economic climate. For [...]