(Reuters) - Husky Energy Inc on Wednesday posted a 6 percent decline in first-quarter profit as a result of lower natural gas prices and tighter refining margins. Canada's third-largest oil producer and refiner reported net income of C$591 million full story ![]()
Chevron Corp.'s net income fell 4.5 percent in the first quarter as oil prices fell and refinery output fell.Chevron, the second largest U.S. oil company, has seen better profit margins than the other energy majors in recent years because a big part of its production mix is oil, which has been fetching high prices. Rivals, like Exxon Mobil, produce more natural gas in the...
thenewstribune.com (25 days ago)

Barrick Gold Corp, the world’s top gold producer, reported an 18% drop in first-quarter profit due to lower gold and copper prices, and lower volumes
financialpost.com (27 days ago)
Norwegian oil and gas company Statoil reported a 58% fall in first-quarter net profit, missing expectations amid lower production volumes and lower prices.
wsj.com (19 days ago)
OCBC, Singapore's second-largest bank by assets, reports lower first-quarter profit, but maintains plans to continue its expansion outside of its home base.
wsj.com (21 days ago)
Canada's largest diversified miner posted a lower profit in the fourth quarter, hurt by a drop in coal prices.
wsj.com (3 months and 12 days ago)
Filed under: Energy, Company News, Earnings, Oil & Gas Industry, StocksJustin Sullivan/Getty Images Chevron says its net income fell 5 percent in the first quarter as oil prices slipped. Chevron Corp. (CVX), based in San Ramon, Calif., reported that net income fell to $6.2 billion, or $3.18 a share, on revenue of $56.8 billion. Last year the company earned $6.5 billion,...
dailyfinance.com (25 days ago)
Big oil is suffering from lower prices for crude around the world, and Chevron is no different. The second largest U.S. oil and gas producer managed to beat profit estimates in the first quarter, but sliding revenue and falling profits in the U.S. more than offset a better performance internationally in production and refining.
forbes.com (25 days ago)
Russia's Gazprom, the world's largest natural gas producer, said its 2012 net profit fell 11% on lower gas sales to Europe and retroactive discounts to European customers.
wsj.com (21 days ago)
Exxon Mobil Corp., the world’s largest company by market value, on Thursday posted an unexpected profit increase that exceeded analysts’ estimates as widening chemical margins made up for lower crude-oil production and prices.
arkansasonline.com (25 days ago)

Teck Resources Ltd , Canada’s largest diversified miner, reported a 40% fall in first-quarter adjusted profit due to lower coal prices, and said economic uncertainty may affect prices and shipments
financialpost.com (28 days ago)
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