ExxonMobil remained on top of the heap among
major US oil multis, reporting Friday that its full-year net income
had risen 9.3 per cent to 44.9 billion dollars.
The amount was just 340 million dollars shy of the US profit record the company set in 2008 with 45.22 billion dollars earnings.
Chevron, the second largest US oil company, earned 26.2 billion dollars in 2012, a 3 per cent drop from the previous year, the company said.
On Wednesday, the third largest US oil company ConocoPhillips reported its net income had dropped by one-third, to 8.4 billion dollars.
Most Popular Stories
- Fantasy Football Gambling Industry Facing Increased Legal Scrutiny
- As States Legalize Pot, Will Traffic Deaths Rise?
- NATO Plans High-Readiness Force to Counter Russia
- Obama Promoting Economic Gains As Elections Near
- 'Guardians of the Galaxy' Conquers the North American Box Office with $16.3M
- GE Capital and Petters-Related Fund in Legal Battle
- California Conservation Conundrum: Water Use Varies Greatly Across State
- Combating Online Abuse Not Easy for Gamers
- Even With Surly 2014 Electorate, It's 'Still an Incumbent's World'
- Feds Want Nuclear Waste Train, but Nowhere to Go