REUTERS: Anadarko Petroleum Corp , which is being bought out by rival Occidental Petroleum Corp , reported a 10.4per cent fall in quarterly adjusted profit on Friday, hit by lower oil and gas prices.
The company said adjusted net income fell to US$249 million, or 51 cents per share, in the second quarter ended June 30 from US$278 million, or 54 cents per share, a year earlier.Anadarko said second-quarter sales volume of oil, natural gas and natural gas liquids averaged 744,000 barrels of oil equivalent per day , up from 637,000 boe/d.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volkswagen first-half operating profit up 10per cent on higher Volkswagen, Porsche salesVolkswagen Group on Thursday said its first half operating profit rose 10.3per cent to 9 billion euros (US$10.02 billion), buoyed by sales of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tesla posts wider-than-expected loss in quarter as margins fall, shares down 10per centTesla Inc reported second-quarter revenue that missed analysts' estimates on Wednesday, sending its shares down nearly 8per cent in extended trading.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tesla target for profit pushed back to fourth-quarter, shares down 11.5per centTesla Inc reported second-quarter revenue that missed analysts' estimates on Wednesday, sending its shares down nearly 8per cent in extended trading.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hershey reports 38per cent rise in second-quarter profitChocolate maker Hershey Co reported a 38per cent rise in quarterly profit on Thursday, helped by price hikes and lower raw material costs.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Nissan to slash 9per cent of workforce as first quarter profit nearly wiped outYOKOHAMA: Japanese car maker Nissan Motor Co said it is axing 12,500 jobs and warned a quick turnaround in its performance was not imminent after ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Amazon's push for faster delivery dents profits, costs up 21per centAmazon.com Inc fell short of second-quarter profit estimates on Thursday as the world's biggest online retailer faces fierce competition from ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »