Oil giant BP is back in the black, announcing profits of $5.3 billion just a year after the Deepwater Horizon disaster left it facing heavy losses.
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BING NEWS:
- Berkshire Profits Fell 6% in Third Quarter. No Buybacks; Cash Hits Record $325 Billion
Berkshire Hathaway’s after-tax operating earnings fell 6% to $10.1 billion in the third quarter, down from $10.8 billion a year ago.The decline was largely related to a negative swing in the firm’s ...
11/2/2024 - 2:55 am | View Link - Exxon, Chevron top Q3 profit expectations as US oil output hits record high
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil production cushioned the blow from a ...
11/1/2024 - 5:13 am | View Link - Energy giant Shell reports drop in Q3 net profit
LONDON: British energy major Shell on Thursday announced a sharp drop in net profit for the third quarter, with the oil and gas giant hit by lower ...
10/31/2024 - 4:14 am | View Link - Live news: Visa beats estimates as profit jumps on stronger payments
Visa profits beat expectations, as one of the US’s largest credit card processors said payments over its network rose 8 per cent from a year ago in another sign of health for the economy. The card ...
10/29/2024 - 10:19 am | View Link - BP’s faith in oil and gas hits snag in third quarter
BP’s pivot away from the green revolution hit a snag Tuesday after the oil major reported its weakest quarterly earnings since the fourth quarter of 2020, when industry profits cratered during the ...
10/29/2024 - 2:56 am | View Link - More
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