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Energy

“Exxon and Chevron share $100bn in profit after surge in oil prices”

January 2, 2023

“ExxonMobil and Chevron are expected to rake in almost $100bn in combined profits from 2022 as the US corporate oil titans capitalise on surging fossil fuel prices following Russia’s invasion of Ukraine. The profit bonanza is seen by the oil majors… Continue Reading…

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Banking

“Fed Is Losing Billions, Wiping Out Profits That Funded Spending”

October 25, 2022

“The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing. Falling bond prices, in turn, mean paper losses on the massive holdings that the Fed… Continue Reading…

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Energy

“Exxon signals record quarterly profit from oil and gas prices”

April 5, 2022

“Exxon Mobil Corp on Monday said its first-quarter results could top a seven-year quarterly record, with operating profits from pumping oil and gas alone of up to $9.3 billion. A snapshot of the largest U.S. oil company’s quarter ended March… Continue Reading…

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Business

“BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge”

November 2, 2021

“Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging energy prices. The British energy major posted an underlying replacement cost profit, a proxy for net profit, of $3.3 billion for the third quarter, above analyst estimates of… Continue Reading…

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Stocks

“Exxon posts highest quarterly profit in years, but revenue disappoints”

October 29, 2021

“…The company earned $1.58 per share during the period on an adjusted basis, which was ahead of the $1.56 analysts surveyed by Refinitiv were expecting. Revenue totaled $73.79 billion, short of the $76.34 billion the Street was expecting. “All three… Continue Reading…

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Business

“Ford’s sales… down by 27.4% in the third quarter”

October 4, 2021

” Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor chips interrupted vehicle production. The drastic decline was narrower than auto forecasters expected, but… Continue Reading…

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Business, Stocks

“Boeing posts surprise profit as aircraft demand rebounds from pandemic slump”

July 28, 2021

“…Boeing’s revenue rose 44% to nearly $17 billion from $11.8 billion a year earlier, beating analyst estimates of $16.54 billion. Here’s how the company performed compared with analysts’ estimates complied by Refinitiv: Adjusted EPS: 40 cents vs a per-share loss… Continue Reading…

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Stocks

“Hasbro stock jumps after big profit beat, as Wizards of the Coast revenue more than doubled”

July 26, 2021

“Shares of Hasbro Inc. surged 2.3% in premarket trading Monday, after the toy maker reported a second-quarter adjusted profit that was more than double what was expected, as revenue got boosts from strength in franchise brands and Wizards of the… Continue Reading…

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Stocks

“10 Companies Are About To Post Blowout 1,000%+ Profit Growth”

July 13, 2021

“A Bonanza Of Profit Is Coming Analysts see 1,000% or more profit growth from these S&P 500 companies in the second quarter Company Ticker Q2 EPS % Ch. Primary Sector Composite Rating % stock YTD ch. Zimmer Biomet (ZBH) 3,620.0%… Continue Reading…

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Stocks

“Just 3 Stocks Power 75% Of Warren Buffett’s Profit”

July 12, 2021

“Warren Buffett stocks are famous for their tight focus. And this year the famed investor’s highly concentrated play on a few top S&P 500 stocks is paying off. Just three top U.S.-listed stocks in Berkshire Hathaway‘s (BRKB) portfolio, information technology giant Apple (AAPL) plus financials Bank of… Continue Reading…

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