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Profits
http://bbnovaracing.com/forum/viewtopic.php?f=1&t=16452		 Page 1 of 1
Author:  underdog [ Oct Thu 30, 2008 9:28 am ]
Post subject:  Profits
HOUSTON (AP) -- Exxon Mobil Corp., the world's largest publicly traded oil company, says it shattered its own record for the biggest profit from operations by a U.S. corporation, earning $14.83 billion in the third quarter.

Bolstered by this summer's record crude prices, the Irving, Texas-based company said Thursday that net income jumped nearly 58 percent, or $2.86 a share in the July-September. That compares with $9.41 billion, or $1.70 a share, a year ago.

The previous record for U.S. corporate profit was set earlier this year, when Exxon Mobil earned $11.68 billion in the second quarter.

Revenue rose 35 percent to $137.7 billion.

On average, analysts expected the company to earn $2.39 per share in the latest quarter on revenue of $131.4 billion.
Author:  bbnova [ Oct Thu 30, 2008 9:38 am ]
Post subject: 
:roll:
Author:  RICK MILLER [ Oct Thu 30, 2008 10:01 am ]
Post subject: 
You just don't understand. They are a big company. They need to make big profits. That's what they said last year remember? :evil:
Author:  kireol [ Oct Thu 30, 2008 10:17 am ]
Post subject: 
they need more of my tax money too. I just dont give them enough. i mean it's obvious right? they just dont have enough money
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