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>> ROYAL DUTCH SHELL Latest News

OCT 31, 2013 - Forbes

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Don't Cry For Exxon's 18% Drop In Profit, Royal Dutch Shell's Tanked 32% In The Third Quarter

Few companies can see their stock rally in the face of an 18% drop in profit.  Energy supergiant Exxon Mobil is one of those, topping estimates and earning nearly $8 billion this quarter as crude oil production and pricing improved, despite a dramatic fall in downstream profitability due to horrible refining margins.  The company is also fully engaged in global expansion, drilling in Argentina‚Äôs rich shale plays, offshore in Brazil, in Siberian Russia, and ramping up onshore production in the U.S.  Over in Europe, Royal Dutch Shell was having a horrible quarter, its profit ... Read More

Tags: Don't Cry For Exxon's 18% Drop In Profit, Royal Dutch Shell's Tanked 32% In The Third Quarter,  Royal Dutch Shell Latest News