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Hess (HES)

Oil producer Hess Corp. said it posted a third quarter profit of $341 million, or $1.05 a share, down 55% from $775 million, or $2.37 a share, a year earlier. The latest results included after-tax income of $101 million, mostly related to a resolution of a U.S. royalty dispute. Revenue dropped 35% to $7.38 billion.
Numbers exceeded Street expectations.

Oct 28 · 10:28:00 AM · Source: Company News Release
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by Larry Etter

Massey Energy (MEE)

Massey Energy Company today reported that net income was $16.5 million, or 19 cents per share, compared with $51.6 million, or 61 cents per share a year earlier. Revenue slumped 16 percent to $641.6 million.

Oct 27 · 8:05:00 PM · Source: Company News Release
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by Larry Etter

BP (BP)

BP posted a third-quarter profit of $5.3 billion, 34 percent below the year ago figure of $8.0 billion.
But BPs earnings still about $1.5 billion ahead of analysts' forecasts

Oct 27 · 12:47:00 PM · Source: Company News Release
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by Larry Etter

Chevron (CVX)

Chevron said on Monday it had a molten sulfur leak from a pipeline while a barge was being loaded with it at the marine terminal of its 330,000-barrel-per-day Pascagoula, Mississippi, refinery.
"We had a leak of elemental sulfur from a pipeline. We were loading a barge at the refinery when this occurred," said Steve Renfroe, a refinery spokesman, referring to the Sunday morning incident. We stopped loading and we are repairing the line and are in the process of retrieving the sulfur." he added.

Oct 27 · 12:31:00 PM · Source: Reuters
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by Michael Oliveto

Baker Hughes (BHI)

Baker Hughes Inc. announced that it has declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 13, 2009, to holders of record on November 2, 2009.

Oct 23 · 12:27:00 PM · Source: Reuters
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by Michael Oliveto

Schlumberger (SLB)

Schlumberger Ltd. Friday reported net income of $787 million, or 65 cents per share, for the third quarter, a decrease from year-earlier earnings of $1.53 billion, or $1.25 a share. The company said oilfield services revenue in the quarter was $4.95 billion, flat sequentially but down 22% from a year ago. Increases in both North and South America offset further declines in the Middle East and Asia.
But company CEO Andrew Gould said he believes "the worst" is behind the company.

Oct 23 · 9:56:00 AM · Source: Company News Release
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by Larry Etter

Schlumberger (SLB)

The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.21 per share of outstanding common stock. The dividend is payable on January 8, 2010 to stockholders of record at the close of business on December 2, 2009.

Oct 22 · 1:56:00 PM · Source: Business Wire
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by Larry Etter

ConocoPhillips (COP)

ConocoPhillips has agreed to sell to Buckeye Partners, L.P. three refined-product storage and distribution terminals and two refined-product pipelines and associated storage tanks in the Chicago and St. Louis areas.
Terms of the transaction were not disclosed.

Oct 22 · 12:02:00 PM · Source: Reuters
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by Michael Oliveto

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