Holland Royal Shell Companies (Shell) announced financial report, in 2016 the company’s annual profit fell sharply to the lowest level since more than and 10 years, but the oil giant said it has been an important turning point.
Although the price of crude oil at a low level, but the Holland Royal Shell Companies cash is still increasing. Calculate the material cost based on the net profit of the Royal Holland Shell Companies in 2016 for $3 billion 500 million, less than $3 billion 800 million a year. In the fourth quarter of last year, the company’s net profit also fell to $1 billion, compared with $1 billion 800 million for the same period last year.
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America’s largest independent oil producer ConocoPhillips (Conoco Phillips)
Announced the four quarter loss is far less than the same period last year. The expenditure of $2 billion 700 million over the same period last year. The company’s fourth quarter net loss narrowed to $35 million, a loss of $3 billion 450 million for the same period last year. In 2016, a net loss of $3 billion 615 million, 2015 net loss of $4 billion 428 million.
Leander Basel Industrial (Lyondell Basell Industries)
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Announced the 2016 fiscal fourth quarter and full year earnings. When the quarter revenue of $7 billion 747 million, compared to $7 billion 71 million last year. Quarter net profit of $763 million, compared to $795 million last year. In 2016 revenue of $29 billion 183 million, $32 billion 735 million in 2015. In 2016 net profit of $3 billion 837 million, 2015 net profit of $4 billion 474 million.
Exxon Mobil Corp (Exxon Mobil) announced
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Reported its fourth quarter earnings failed to meet analysts’ expectations. Exxon Mobil quarter net profit of $1 billion 680 million, compared to $2 billion 800 million last year. The Exxon Mobil quarter revenue of $61 billion 100 million, $59 billion 800 million higher than the same period last year. In this quarter, upstream assets impairment charges Mobil Exxon for $2 billion, while the decline in commodity prices also had an impact on its performance.
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