Exxon Mobile Shatters profit record: 14 Billion in one quarter of trading
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- current89
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Exxon Mobile has shattered it's own gluttonous earnings record,
HOUSTON - Exxon Mobil Corp., the world’s largest publicly traded oil company, said Thursday 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.
Source:MSNBC
HOUSTON - Exxon Mobil Corp., the world’s largest publicly traded oil company, said Thursday 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.
Source:MSNBC
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- groups:
- News and Politics
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- tags:
- News and Politics, Oil, United States, Exxon Mobile
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sillywabbit
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$3,269.00 in oil and gas royalties per person times 670,053 people in AK = $2,190,403,257 paid out to 70.7% Whites and 15.4% Natives. Who are these 473,728 white people and why are they having problems building bridges in their own home state without Federal dollars?
Ahhhh Palin's Alaska. - 3 years ago
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sillywabbit
