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Imperial Oil boosts production and eeks out a small profit

Imperial Oil boosts production and eeks out a small profit

The company averaged 400,000 bbl/day (gross) in the fourth quarter, a gain of 27% from the previous year/quarter. Cash operating costs were reported at $25.50/bbl, 25% lower than the previous year.

Imperial reported an 85% drop in Q4 profits and hinted it is prepared to halt future investments if low oil prices persist.

BP reports a huge quarterly loss ever but maintains dividend

BP reports a huge quarterly loss ever but maintains dividend

ExxonMobil profit falls 58% and cuts capital expenditures by another 25%

ExxonMobil profit falls 58% and cuts capital expenditures by another 25%