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ConocoPhillips earns $5.4 billion in quarter

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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-23-08 04:12 PM
Original message
ConocoPhillips earns $5.4 billion in quarter
July 23, 2008, 8:36AM
ConocoPhillips profits up despite poor refining margins

By KRISTEN HAYS
Copyright 2008 Houston Chronicle


ConocoPhillips kicked off second-quarter earnings announcements of the world's largest oil majors today with results that surpassed Wall Street expectations amid record-high oil prices and strong natural gas prices that offset lower refining profits.



http://www.chron.com/disp/story.mpl/front/5902963.html
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-23-08 04:23 PM
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1. Hmm...
I could use some of that.
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-23-08 05:50 PM
Response to Reply #1
2. Maybe they'll give some of it back?
I still believe in the Tooth Fairy...can you tell?
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-23-08 05:53 PM
Response to Reply #2
3. :D
Ya, a real Santa Claus moment there!

I'm thinking we need a Robin Hood, myself :evilgrin:
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Parche Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-23-08 05:53 PM
Response to Original message
4. But They Need To Drill Here In The US
:sarcasm: :sarcasm: :sarcasm:
:hi:
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-23-08 06:00 PM
Response to Original message
5. That's over $165,000 in profits per employee in just three months.
$165,000 !!

That's AFTER "employee compensation."

:puke:
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