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
- Updates on Everglades' Stranded Pilot Whales
- NSA Tracks 5 Billion Cellphone Records a Day
- Hezbollah Chief's Assassination Claimed by Sunni Group
- Stolen Cobalt-60 Recovered in Mexico
- Ford Mustang Still Packs Power
- Wind Power and Wildlife Can Coexist
- Allstate Seeks to Invest in Minority Firms
- Sarmiento to Handle Greeley Latin Ops
- First-time Jobless Claims Drop Below 300,000
- White House Pushes to Extend Unemployment Benefits