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Market Update : 
Oil Majors Release Robust Profit
Author: Elena Todorova
123jump.com
Last Update: 9:02 AM EDT July 28 2006



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Stock futures rose Friday morning as energy companies reported robust earnings growth. Chevron Corporation reported Q2 net income growth of $1.97 per share, compared with $1.76 per share in the year-ago period. Oil field services company Baker Hughes and independent oil and gas producer Anadarko Petroleum said quarterly profit soared, helped by surging crude oil prices.

 

 

 

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