
caseydog wrote:Hey, here's some good news!
NEW YORK, 10/30/2008 (CNNMoney.com) -- Exxon Mobil Corp. set a quarterly profit record for a U.S. company Thursday, surging past analyst estimates.
Exxon Mobil (XOM, Fortune 500), the leading U.S. oil company, said its third-quarter net profit was $14.83 billion, or $2.86 per share, up from $9.41 billion, or $1.70, a year earlier. That profit included $1.45 billion in special items.
The company's prior record was $11.68 billion in the second quarter of 2008.
Joseph wrote:caseydog wrote:Hey, here's some good news!
NEW YORK, 10/30/2008 (CNNMoney.com) -- Exxon Mobil Corp. set a quarterly profit record for a U.S. company Thursday, surging past analyst estimates.
Exxon Mobil (XOM, Fortune 500), the leading U.S. oil company, said its third-quarter net profit was $14.83 billion, or $2.86 per share, up from $9.41 billion, or $1.70, a year earlier. That profit included $1.45 billion in special items.
The company's prior record was $11.68 billion in the second quarter of 2008.
That is good news! The price for us is down and the profits for the shareholders are up.
Joseph
caseydog wrote:Lower prices now are due to the weak economy. So, if we can keep the recession going, we can continue to enjoy cheap gas.
Kens wrote:Why are we at $2.59 here
Kens wrote:Why are we at $2.59 here
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