U.S. oil companies release Q1 earnings

04/30/2012 | Wall Street Journal, The · Yahoo! · USA Today

Oil companies mostly took a hard hit in the first quarter this year, as reported earnings either dropped or took only slight increases. Chevron was the only major U.S. oil company to post an increase in profits over the previous year; its net income rose 4.2%. ConocoPhillips' earnings dipped 3%, and ExxonMobil profits dropped 11%.

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Wall Street Journal, The · Yahoo! · USA Today

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