News Column

ExxonMobil Top Earner Among US Oil Multinationals

Feb. 1, 2013
oil rig

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.



Source: Copyright 2013 dpa Deutsche Presse-Agentur GmbH