Energy

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Arch Coal Inc. (ACI)

Arch Coal said Friday that it had net earnings of $25.2 million, or 16 cents per share, compared with year-earlier earnings of $97.8 million, or 68 cents per share. The St. Louis-based coal company said revenue fell to $615 million from $769.5 million.
The down numbers still beat analyst estimates.

Oct 30 · 9:06:00 AM · Source: Company News Release
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by Larry Etter

Chevron (CVX)

Chevon Q3 Earnings Beat Estimates by Large Margin

Chevron Corp. said Friday its third-quarter earnings fell to $3.8 billion, or $1.92 a share, from $7.9 billion, or $3.85 a share, in the year-ago period. Total revenues fell to $46.6 billion from $78.9 billion.
Earnings topped Street views by big margin

Oct 30 · 8:53:00 AM · Source: Company News Release
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by Larry Etter

Exxon Mobil (XOM)

Exxon Earnings Fal 68%

ExxonMobil, the world's largest publicly-traded oil company, reported a profit of $4.73 billion, or 98 cents a share, down from $14.83 billion, or $2.85 a share, a year earlier. The prior year included a net $1.45 billion in gains. The company's revenue fell 40.3% to $82.3 billion.
Analysts had projected earnings of $1.03 a share on revenue of $85.16 billion.

Oct 29 · 10:51:00 AM · Source: Company News Release
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by Larry Etter

ConocoPhillips (COP)

ConocoPhillips Profits Fall

Conoco Phillips said its third quarter net income dropped 71% to $1.5 billion, or $1 a share, from $5.19 billion, or $3.39, a year earlier.
Results hampered by collapse in crude and natural-gas prices.

Oct 28 · 10:33:00 AM · Source: Company News Release
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by Larry Etter

Hess (HES)

Hess Earnings Down 55%

Oil producer Hess Corp. said it posted a third quarter profit of $341 million, or $1.05 a share, down 55% from $775 million, or $2.37 a share, a year earlier. The latest results included after-tax income of $101 million, mostly related to a resolution of a U.S. royalty dispute. Revenue dropped 35% to $7.38 billion.
Numbers exceeded Street expectations.

Oct 28 · 10:28:00 AM · Source: Company News Release
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by Larry Etter

BP (BP)

BP Q3 Profit Down By 1/3, Beats Forecasts

BP posted a third-quarter profit of $5.3 billion, 34 percent below the year ago figure of $8.0 billion.
But BPs earnings still about $1.5 billion ahead of analysts' forecasts

Oct 27 · 12:47:00 PM · Source: Company News Release
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by Larry Etter

Schlumberger (SLB)

Schlumberger Shows 48% Fall In Q3 Profits

Schlumberger Ltd. Friday reported net income of $787 million, or 65 cents per share, for the third quarter, a decrease from year-earlier earnings of $1.53 billion, or $1.25 a share. The company said oilfield services revenue in the quarter was $4.95 billion, flat sequentially but down 22% from a year ago. Increases in both North and South America offset further declines in the Middle East and Asia.
But company CEO Andrew Gould said he believes "the worst" is behind the company.

Oct 23 · 9:56:00 AM · Source: Company News Release
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by Larry Etter


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