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Oil And Gas Companies Release Second Quarter Financial Results - Research Report On ExxonMobil, Chevron, ConocoPhillips, BP, And Encana

Stocks in this article: BPCOPCVXECAXOM

NEW YORK, August 8, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Exxon Mobil Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), ConocoPhillips (NYSE: COP), BP plc (NYSE: BP), and Encana Corporation (NYSE: ECA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Exxon Mobil Corporation Research Report

On August 1, 2013, Exxon Mobil Corporation (ExxonMobil) released its estimated Q2 2013 results. Total revenues and other income were down 16.4% YoY to $106.5 billion. GAAP Net income attributable to the Company was down 56.9% YoY to $6.9 billion. Diluted EPS was down 54.5% YoY to $1.55. Commenting on the results, Rex W. Tillerson, Chairman of ExxonMobil, said, "Excluding the prior year net gain of $7.5 billion associated with divestments and tax-related items, earnings were down 19%. Weaker refining margins and volumes associated with planned refinery turnaround and maintenance activities negatively impacted Downstream earnings." The Full Research Report on Exxon Mobil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.InvestorsReports.com/report/2013-08-05/XOM]

Chevron Corporation Research Report

On August 2, 2013, Chevron Corporation (Chevron) released its Q2 2013 financial results. Total revenues and other income were down 8.4% YoY to $57.4 billion. Net income attributable to the Company was down 25.6% YoY to $5.4 billion. Diluted EPS was down 24.3% YoY to $2.77. Commenting on the results, John Watson, Chairman and CEO of Chevron, said, "Our second quarter earnings were down from the very strong level of a year ago." Watson continued, "The decrease was largely due to softer market conditions for crude oil and refined products. Earnings were also reduced as a result of repair and maintenance activities in our U.S. refineries." The Full Research Report on Chevron Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.InvestorsReports.com/report/2013-08-05/CVX]

ConocoPhillips Research Report

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