Financial results Tag

BP (LSE:BP) latest financial results have exceeded analyst expectations, despite the British oil major taking a hefty hit on an unsuccessful project in Angola. Profits on a replacement cost basis fell by 5% during the second quarter of 2017 to US$684 million, from $720 million in...

Glencore (LSE:GLEN) has joined fellow mining giants BHP Billiton (NYSE:BHP) and Vedanta Resources (LSE:VED) in announcing profitable financial results for 2016 this week. Core earnings at Glencore rose by 18% to US$10.3 billion in 2016 after commodity prices experienced a slight rebound over the year. Net income...

BHP Billiton (NYSE:BHP) and Vedanta Resources (LSE:VED) have both reported profitable results in their latest respective financial reports, reflecting an optimistic turn in the international mining community. BHP, the largest mining firm in the world, returned to net profit for the first half of the 2016-17...

Rio Tinto (ASX:RIO) enjoyed a strong end to 2016, making an overall annual net profit of US$4.6 billion as commodity prices underwent a phase of recovery in the second half of the year. The mining giant’s latest financial performance mark a significant upturn on its 2015...