Exxon was the latest oil company to report expanding first- quarter profits.
Earlier today, Royal Dutch Shell Plc (RDSA), the world’s second-largest gasoline producer after Exxon, said net income rose 30 percent to $6.3 billion.
Occidental Petroleum Corp. (OXY), the largest onshore oil producer in the continental U.S., said first-quarter profit increased 46 percent to $1.56 billion.
ConocoPhillips, the third-largest U.S. oil company, yesterday reported a 44 percent profit gain.
Chevron Corp. (CVX), the No. 2 U.S. energy producer, is expected to report a 31 percent increase in net income when results are announced tomorrow, according to the average estimate of four analysts in a Bloomberg survey.
Exxon was the latest oil company to report expanding first- quarter profits.
Earlier today, Royal Dutch Shell Plc (RDSA), the world’s second-largest gasoline producer after Exxon, said net income rose 30 percent to $6.3 billion.
Occidental Petroleum Corp. (OXY), the largest onshore oil producer in the continental U.S., said first-quarter profit increased 46 percent to $1.56 billion.
ConocoPhillips, the third-largest U.S. oil company, yesterday reported a 44 percent profit gain.
Chevron Corp. (CVX), the No. 2 U.S. energy producer, is expected to report a 31 percent increase in net income when results are announced tomorrow, according to the average estimate of four analysts in a Bloomberg survey.
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