| T78 |
Revenue, Operating
Costs, Deductions, Taxation and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income of the Major Oil Companies, 1980-2007 |
|
|
(Million US Dollars) |
|
|
|
| |
1980 |
1981 |
1982 |
1983 |
1984 |
1985 |
1986 |
1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
| BP |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues 1/ |
86,797 |
93,831 |
82,367 |
79,292 |
80,951 |
83,273 |
59,602 |
70,004 |
70,803 |
77,253 |
92,448 |
85,944 |
87,891 |
81,112 |
81,029 |
88,051 |
102,064 |
108,564 |
83,732 |
101,180 |
161,826 |
175,389 |
178,721 |
173,296 |
204,456 |
245,486 |
274,316 |
291,438 |
| Cost of Sales
2/ |
80,960 |
86,835 |
75,845 |
72,739 |
73,229 |
75,588 |
56,751 |
63,928 |
63,877 |
69,838 |
84,151 |
81,101 |
86,699 |
76,655 |
75,161 |
82,568 |
93,036 |
98,939 |
78,164 |
94,196 |
145,786 |
160,558 |
168,713 |
155,814 |
181,942 |
216,699 |
239,732 |
263,709 |
| Income Tax
(Benefit) |
3,303 |
3,732 |
3,443 |
3,377 |
3,661 |
3,655 |
903 |
2,435 |
2,709 |
2,305 |
3,362 |
2,313 |
1,153 |
1,714 |
1,761 |
1,852 |
2,783 |
3,013 |
2,089 |
2,322 |
6,648 |
6,375 |
4,317 |
5,050 |
7,082 |
9,473 |
12,331 |
10,442 |
| Special
Deductions |
- |
- |
- |
- |
399 |
1,207 |
467 |
- |
- |
- |
- |
311 |
924 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Net Income
(Loss) |
2,534 |
3,264 |
3,079 |
3,176 |
3,662 |
2,823 |
1,481 |
3,641 |
4,217 |
5,110 |
4,935 |
2,219 |
-885 |
2,743 |
4,107 |
3,631 |
6,245 |
6,612 |
3,479 |
4,662 |
9,392 |
8,456 |
5,691 |
12,432 |
15,432 |
19,314 |
22,253 |
17,287 |
| ExxonMobil |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues3/ |
172,175 |
179,784 |
167,667 |
153,736 |
157,762 |
153,478 |
121,347 |
134,722 |
142,924 |
152,673 |
181,714 |
179,803 |
181,562 |
175,186 |
181,287 |
199,290 |
215,752 |
201,746 |
171,303 |
186,906 |
227,596 |
208,715 |
200,949 |
237,054 |
291,252 |
358,955 |
377,635 |
404,552 |
| Cost of Sales
4/ |
153,594 |
164,110 |
156,011 |
139,524 |
142,606 |
139,611 |
109,996 |
124,364 |
131,023 |
143,381 |
169,090 |
167,260 |
170,440 |
163,119 |
169,805 |
184,457 |
197,725 |
182,409 |
159,290 |
175,756 |
198,785 |
184,428 |
182,990 |
204,538 |
250,011 |
299,523 |
310,233 |
334,078 |
| Income Tax
(Benefit) |
9,659 |
7,674 |
6,257 |
7,731 |
8,360 |
7,957 |
3,933 |
4,300 |
4,554 |
3,973 |
5,685 |
5,023 |
4,044 |
4,703 |
4,623 |
5,987 |
7,553 |
7,605 |
3,939 |
3,240 |
11,091 |
8,967 |
6,499 |
11,006 |
15,911 |
23,302 |
27,902 |
29,864 |
| Special
Deductions |
- |
- |
- |
- |
- |
- |
2,518 |
- |
- |
- |
- |
- |
1,446 |
- |
680 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Net Income
(Loss) |
8,922 |
8,000 |
5,399 |
6,481 |
6,796 |
5,910 |
4,900 |
6,058 |
7,347 |
5,319 |
6,939 |
7,520 |
5,632 |
7,364 |
6,179 |
8,846 |
10,474 |
11,732 |
8,074 |
7,910 |
17,720 |
15,320 |
11,460 |
21,510 |
25,330 |
36,130 |
39,500 |
40,610 |
| Total 5/ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues3/ |
23,887 |
22,673 |
20,047 |
18,355 |
18,167 |
19,257 |
13,813 |
14,433 |
14,097 |
17,004 |
25,485 |
27,504 |
25,824 |
23,936 |
25,583 |
27,731 |
34,004 |
83,603 |
68,744 |
79,991 |
105,430 |
94,250 |
108,871 |
118,340 |
152,627 |
170,635 |
193,115 |
217,554 |
| Cost of Sales
4/ |
19,752 |
20,066 |
17,920 |
16,565 |
16,345 |
17,383 |
12,910 |
13,161 |
13,610 |
16,374 |
24,213 |
26,041 |
24,946 |
23,121 |
24,627 |
26,562 |
32,405 |
77,547 |
65,475 |
74,632 |
93,234 |
82,136 |
97,218 |
104,343 |
130,844 |
141,039 |
161,107 |
180,966 |
| Income Tax
(Benefit) |
3,900 |
2,532 |
2,060 |
1,721 |
1,672 |
1,715 |
835 |
1,053 |
239 |
284 |
475 |
346 |
340 |
291 |
323 |
413 |
512 |
3,216 |
1,256 |
2,061 |
5,846 |
5,261 |
5,345 |
6,053 |
10,373 |
14,711 |
17,232 |
18,525 |
| Special
Deductions |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Net Income (Loss) |
235 |
75 |
67 |
69 |
150 |
159 |
68 |
219 |
248 |
346 |
797 |
1,117 |
538 |
524 |
633 |
756 |
1,087 |
2,840 |
2,013 |
3,298 |
6,350 |
6,853 |
6,308 |
7,944 |
11,410 |
14,885 |
14,776 |
18,063 |
| Royal
Dutch/Shell |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues3/ |
96,527 |
100,572 |
97,564 |
94,019 |
98,900 |
94,569 |
81,404 |
98,026 |
99,445 |
106,090 |
132,414 |
131,529 |
128,420 |
125,814 |
129,109 |
150,520 |
171,964 |
171,657 |
138,272 |
149,680 |
191,511 |
167,431 |
218,287 |
263,889 |
337,522 |
306,730 |
318,845 |
336,365 |
| Cost of Sales
4/ |
83,904 |
88,614 |
84,888 |
81,023 |
84,929 |
82,369 |
73,149 |
88,273 |
89,693 |
93,920 |
118,284 |
121,838 |
119,680 |
117,202 |
119,068 |
138,084 |
157,259 |
156,482 |
136,009 |
135,400 |
167,519 |
148,677 |
200,984 |
242,227 |
306,814 |
263,420 |
274,963 |
290,150 |
| Income Tax
(Benefit) |
7,128 |
7,925 |
9,188 |
8,837 |
9,083 |
8,325 |
3,755 |
5,104 |
4,518 |
5,631 |
7,597 |
5,403 |
3,371 |
4,115 |
3,774 |
5,517 |
5,819 |
7,422 |
1,913 |
5,696 |
11,273 |
8,404 |
7,647 |
9,349 |
12,168 |
17,999 |
18,317 |
18,650 |
| Special
Deductions |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
| Net Income
(Loss) |
5,495 |
4,033 |
3,488 |
4,159 |
4,888 |
3,875 |
4,500 |
4,649 |
5,234 |
6,539 |
6,533 |
4,288 |
5,369 |
4,497 |
6,267 |
6,919 |
8,886 |
7,753 |
350 |
8,584 |
12,719 |
10,350 |
9,656 |
12,313 |
18,540 |
25,311 |
25,565 |
27,565 |
| Chevron |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
94,038 |
105,906 |
83,962 |
70,329 |
77,142 |
92,839 |
59,810 |
64,464 |
63,995 |
68,441 |
84,388 |
78,107 |
79,423 |
71,153 |
69,207 |
73,869 |
89,393 |
102,311 |
73,258 |
85,713 |
119,130 |
106,245 |
99,049 |
121,277 |
155,300 |
198,200 |
210,118 |
220,905 |
| Cost of Sales
4/ |
84,635 |
95,732 |
77,104 |
63,613 |
72,123 |
84,042 |
56,276 |
66,151 |
58,707 |
64,051 |
78,000 |
74,431 |
74,937 |
67,746 |
65,269 |
71,215 |
81,670 |
93,118 |
70,422 |
79,901 |
105,081 |
97,954 |
94,893 |
108,753 |
134,455 |
173,003 |
178,142 |
188,738 |
| Income Tax
(Benefit) |
4,763 |
5,484 |
4,200 |
3,893 |
3,179 |
6,017 |
859 |
1,198 |
2,216 |
1,726 |
2,781 |
1,089 |
1,564 |
1,074 |
1,335 |
1,117 |
3,098 |
3,273 |
919 |
2,565 |
6,322 |
4,360 |
3,024 |
5,294 |
7,517 |
11,098 |
14,838 |
13,479 |
| Special
Deductions |
- |
- |
- |
- |
- |
- |
3,385 |
- |
- |
- |
- |
- |
641 |
- |
- |
- |
- |
- |
- |
- |
- |
643 |
- |
- |
- |
- |
- |
- |
| Net Income
(Loss) |
4,640 |
4,690 |
2,658 |
2,823 |
1,840 |
2,780 |
-710 |
-2,885 |
3,072 |
2,664 |
3,607 |
2,587 |
2,281 |
2,333 |
2,603 |
1,537 |
4,625 |
5,920 |
1,917 |
3,247 |
7,727 |
3,288 |
1,132 |
7,230 |
13,328 |
14,099 |
17,138 |
18,688 |
| Total Majors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
473,424 |
502,766 |
451,607 |
415,731 |
432,922 |
443,416 |
335,976 |
381,649 |
391,264 |
421,461 |
516,449 |
502,887 |
503,120 |
477,201 |
486,215 |
539,461 |
613,177 |
667,881 |
535,309 |
603,470 |
805,493 |
752,030 |
805,877 |
913,856 |
1,141,157 |
1,280,006 |
1,374,029 |
1,470,814 |
| Cost of Sales |
422,845 |
455,357 |
411,768 |
373,464 |
389,232 |
398,993 |
309,082 |
355,877 |
356,910 |
387,564 |
473,738 |
470,671 |
476,702 |
447,843 |
453,930 |
502,886 |
562,095 |
608,495 |
509,360 |
559,885 |
710,405 |
673,753 |
744,798 |
815,675 |
1,004,066 |
1,093,684 |
1,164,177 |
1,257,641 |
| Income Tax
(Benefit) |
28,753 |
27,347 |
25,148 |
25,559 |
25,955 |
27,669 |
10,285 |
14,090 |
14,236 |
13,919 |
19,900 |
14,174 |
10,472 |
11,897 |
11,816 |
14,886 |
19,765 |
24,529 |
10,116 |
15,884 |
41,180 |
33,367 |
26,832 |
36,752 |
53,051 |
76,583 |
90,620 |
90,960 |
| Special
Deductions |
- |
- |
- |
- |
399 |
1,207 |
6,370 |
- |
- |
- |
- |
311 |
3,011 |
- |
680 |
- |
- |
- |
- |
- |
- |
643 |
- |
- |
- |
- |
- |
- |
| Net Income
(Loss) |
21,826 |
20,062 |
14,691 |
16,708 |
17,336 |
15,547 |
10,239 |
11,682 |
20,118 |
19,978 |
22,811 |
17,731 |
12,935 |
17,461 |
19,789 |
21,689 |
31,317 |
34,857 |
15,833 |
27,701 |
53,908 |
44,267 |
34,247 |
61,429 |
84,040 |
109,739 |
119,232 |
122,213 |
|
|
|
Note: BP & Amoco and
Exxon and Mobil were mergerd to create BPAmoco (name changed to BP in 2002)
and ExxonMobil |
|
|
in December 1998 and November 1999
respectively. Both data series have
been adjusted to include the new |
|
|
companies from 1980. |
|
|
TotalFina merged with Elf Aquitaine
in February 2000 to create TotalFinaElf. The name was changed to Total on May |
|
|
6, 2003. The data series has been
ajusted to include Total up to 97, TotalFina 1999 and the new company from
2000. |
|
|
Chevron & Texaco merged to
create ChevronTexaco form October 2001. The name was further changed to
Chevron |
|
|
in May 2005. Chevron merged with Unocal in August 2005. |
|
|
Data include Companies's shares in
all operations in which they have an interest |
|
|
1) Includes earnings from equity
interest and stockholding gain or loss. |
|
|
2) Including sales and excise taxes
and interest expenses. |
|
|
3) Includes dividend from related and non-consolidated companies |
|
|
4) Includes sales and excise taxes. |
|
|
5) For some years, converted from
original figures in French Francs. |
|
|
Source: Oil Company
annual reports. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|