Did You Misplace Your Disposable Income? I Found It (John Mugarian's Dynamic Growth)

Did You Misplace Your Disposable Income? I Found It

British Petroleum (BP)- Profits jumped 30% to $7.3 billion.

Royal Dutch Shell (RDS)- Earnings jumped 40 on a net profit of $7.32 billion.

ConocoPhillips (COP)- On Wednesday, quarterly profits rose 65% on higher oil prices, and refining margins. Net income rose to $5.19 billion for the quarter.

4 Insiders sold 116,475 shares over the last 6 months, while 1 insider purchased 1,000 shares.

Exxon-Mobil (XOM)- quarterly profits jumped 36% to $10.36 billion, or $1.72/ share. Former CEO, Lee Raymond probably appreciates your contribution.

11 Insiders sold 178,448 shares over the last 6 months, and no insiders bought.

Chevron (CVX)- releases its results tomorrow.

Thus far, 4 of these companies reported profits totaling $30.17 billion for the quarter.

Posted by John Mugarian on July 27, 2006 9:27 AM | Permalink

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