How’s your business doing this year?

In spite of damages to production and refining capacity in the Gulf of Mexico region, the major oil companies appear to be doing just fine.

ConcoPhillips, Exxon Mobil Corp. and Royal Dutch Shell PLC all posted record profits for the third quarter of 2005.

ConocoPhillips has reported a third-quarter surge of 89 percent compared with 2004. The company credited the rise to soaring crude oil profits and better-than-expected refining margins.

Reuters reported that the Houston-based company’s net income for the third quarter rose to $3.8 billion, compared with $2.01 billion from the same time period in 2004.

Profit at the company’s refining operations rose to $1.39 billion this year, up from $708 million in 2004, in spite of outages at refineries along the Gulf Coast caused by hurricane damage.

Exxon, meanwhile, became the first U.S. company to ring up quarterly sales of $100 billion. The company’s net income jumped 75 percent to $9.92 billion, up from $5.68 billion in the third quarter of 2004.

The Associated Press reported that Shell’s third quarter net income rose 68 percent to $9.03 billion in the third quarter, compared with $5.37 for the same time period in 2004.

Earlier this week, BP PLC reported a 34 percent increase in its third quarter profits. For the three months that ended Sept. 30, the oil giant reported net income of $6.53 billion, up from $4.87 billion in the third quarter of 2004.