That will assure strong profits for oil companies, though probably not at record levels.
Wall Street has been expecting strong profits, especially for technology companies, during the reporting season that is just beginning.
And Goldman has had a remarkable string of strong profits.
But both executives cited three other important reasons for the company's high sales growth and strong profits.
Investors paid little attention to various companies' market niches, to recent strong profits or to anything else.
With survival at stake, only market leadership, strong profits and a high stock price can be allowed to matter.
Salomon reported strong profits for the fourth quarter and the year.
At the same time, companies reported generally strong profits.
The month of July also saw strong corporate profits and a sharp decline in interest rates.
In their early years, the company's subsidiaries reported strong profits.