Exxon posts largest profits ever - - Democratic Underground

WillieW

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Thu Oct-30-08 12:10 PM
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Exxon posts largest profits ever -

http://money.cnn.com/2008/10/30/news/companies/exxon_earnings/index.htm?eref=rss_topstories

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AndyA

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Thu Oct-30-08 12:14 PM
Response to Original message

1. War profiteering. Again. They should be indicted. n/m

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NorCalDem

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Thu Oct-30-08 12:15 PM
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2. Man, just imagine what their profits would be

and how many new jobs they would create if we gave them a HUGE tax cut!

:sarcasm:

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Hawkowl

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Thu Oct-30-08 12:24 PM
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3. NATIONALIZE

Screw nationalizing the banks. Cut defense spending in half, nationalize the oil companies, and voila! Deficit disappears. The oil belongs to us.

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TahitiNut

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Thu Oct-30-08 12:42 PM
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4. $276,926 quarterly earnings (EBITA) per employee

They have about 81,000 employees. Their Income Before Tax (EBT) for the quarter is $22,431,000,000.

Ya gotta wonder why the employees aren't paid more. After all, that's income AFTER deducting all expenses like employee compensation (including executives).

:eyes:

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zbdent

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Thu Oct-30-08 01:04 PM
Response to Reply #4

5. what's the MEDIAN amount?

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TahitiNut

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Thu Oct-30-08 01:46 PM
Response to Reply #5

7. I have no idea what you're asking. Do you?

Edited on Thu Oct-30-08 01:55 PM by TahitiNut

The median amount of what? Of the EBITA for each of the employees at Exxon/Mobil? (That would make no sense.) The median or the AVERAGE (mean)? Average of what? Average Net Income per Employee in the Oil industry? Of all S&P 500 companies?

Why don't you take a look-see at http://www.reuters.com/finance/stocks/ratios?symbol=XOM.N

Maybe it'd help.
Net Income/Employee (TTM) $540,099 $294,001 $3,494 $98,793

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zbdent

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Thu Oct-30-08 01:55 PM
Response to Reply #7

9. now that I think about it ... you're right ...

Edited on Thu Oct-30-08 01:56 PM by zbdent

I goofed. My apologies. The question made no sense.

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Dukkha

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Thu Oct-30-08 01:09 PM
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6. so where's my trickle down profit?

what's that? they're hoarding it all for themselves?

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lojack

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Thu Oct-30-08 01:50 PM
Response to Original message

8. Somebody...

Give these guys a tax break!

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