Suncor Energy Inc. said that in Q3 the company has posted net earnings of $815 million ($0.87 per common share), compared to $627 million ($0.68 per common share) for the third quarter of 2007. Rick George, president and chief executive officer of Suncor, said: We’ve had a challenging quarter with unplanned maintenance, including issues at our hydrogen facilities [...]
Noble Energy, Inc. posted its third quarter 2008 net income of $974 million, or $5.37 per share diluted. Charles D. Davidson. Chairman, President and CEO, Noble Energy, said: Noble Energy has delivered exceptional third quarter 2008 operating and financial results from our diversified and balanced portfolio. We had significant exploration success during the [...]
In its, Q3 earnings, Nexen posted a cash flow of $1.7 bn and net income of $886 mn. Charlie Fischer, Nexen’s President and Chief Executive Officer , said: In this marketplace, cash is king and we have substantial liquidity. We are slowing capital expenditures to build cash during this period of global financial uncertainty and [...]
Shell Plc and BP Plc are likely to announce that thier Q3 rsults rose from a year earlier while falling short of record Q2 profits, after crude fell 53 % from its July peak. For full story, click here For Shell Plc’s website, click here
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