Exxon Mobil sets profit record - Democratic Underground

Nomad559

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Mon Jan-30-06 05:44 PM
Original message

Exxon Mobil sets profit record

http://money.cnn.com/2006/01/30/news/companies/exxon_earns/index.htm

Exxon Mobil Corp. set U.S. records for annual and quarterly profits Monday as it easily topped fourth-quarter earnings forecasts.

The nation's largest oil company reported net income in the fourth quarter of $10.7 billion, or $1.71 a share, compared to $8.4 billion, or $1.30 a share, a year earlier.

Excluding items, Exxon Mobil (Research) earned $10.3 billion, or $1.65 per share, topping a consensus forecast of $1.44 a share from analysts surveyed by earnings tracker First Call. It also topped the record for quarterly profits it set in the third quarter, when it earned $9.9 billion.

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Demeter

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Mon Jan-30-06 06:53 PM
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1. Good! They Can Pay the Exxon Valdez Fines.

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Dont_Bogart_the_Pretzel

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Tue Jan-31-06 08:02 AM
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2. O goody!!!

They can finally lower the prices at the pump!

sure they will.....

Peace

Proud Members of Melonhawg Society

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