Some Canadian companies post record 3Q profits

A number of Canadian oil and gas companies have posted record earnings for the third quarter.Imperial Oil Ltd., Alberta Energy Co. Ltd., and PanCanadian Petroleum Ltd. were among those Canadian firms reporting record earnings in the third quarter. Other integrated firms, independent producers, and pipeline companies also unveiled strong financial results for the period.All financial results in this article are in Canadian dollars unless indicated otherwise.Record earnings Click here to enlarge imageImperial, the Canadian unit of ExxonMobil Corp., reported a doubling of third quarter profits over 1999 to $374 million from $191 million. The Toronto-based integrated company, which could att...

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