Energy

ConocoPhillips 4Q Loss, Slashes Dividend

ConocoPhillips reported a much bigger quarterly loss, hurt by impairment charges, and slashed its dividend as the relentless fall in crude oil prices takes a toll on the largest U.S. independent oil and gas company.

ExxonMobil's 4Q Earnings Tumble 58%

Dow component ExxonMobil reported a 4Q profit of $0.67 per share, topping the estimate for $0.63. Revenue for the company came in at $59.81 billion, also beating the estimate for $51.35 billion.

BP Reports Annual Loss, Cuts More Jobs

BP slumped to its worst annual loss in over 20 years in 2015, the British oil and gas company announced on Tuesday, and said it would cut thousands more jobs in the face of a deep rout in oil prices.