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Those with stock market training might have observed the weak results were due to mixed performance from the firm, as some fossil fuels lost revenue, while others - such as liquefied natural gas - did better than expected, reports the Wall Street Journal.
Chief executive Frank Chapman was upbeat about the results, highlighting business developments in Brazil and Australia.
Despite the negative response of stock market speculators, total returns for the three-month period were up 20 per cent.
However, this was primarily a reflection of rising fuel prices.
The publication also reported on Bank of England governor Mervyn King's comments on the possibility of reducing stimulus in the coming months, which may impact upon the performance of stock in the FTSE 100 index.
Posted by Sara Secker
