Tuesday, January 31, 2006

(Still) Raking it in

Exxon profit tops $10 billion, capping record year
Exxon Mobil Corp. (XOM.N: Quote, Profile, Research), the world's largest publicly traded oil company, on Monday reported a quarterly profit of more than $10 billion, capping a record year dominated by a surge oil and gas prices.

Halliburton Swings to $1.1 Billion Profit
Oilfield services conglomerate Halliburton Co. swung to a profit in its fourth quarter on robust sales and increased rig activity, and called last year the best in its 86-year history.

Exxon Sees Record Profits for Any U.S. Co.

Oil execs refuse to testify at U.S. Senate hearing
Officials from six major oil companies have refused to testify this week at a Senate hearing looking into whether oil industry mergers in recent years have made gasoline more expensive at the pump.

Chevron 4Q Profit Up 20 Percent to $4.14B
Chevron Corp.'s fourth-quarter profit climbed 20 percent to $4.14 billion, a company record that continued the most prosperous stretch in its 126-year history as the oil company capitalizes on high fuel prices that are squeezing consumers and ruffling politicians.

U.S. NATIONAL DEBT CLOCK


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