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| Grumpy Old Pharts Board Gerritol, Ex-Lax, Immodium, Bad Breath - all requirements for the Grumpy Board |
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02-01-2007, 11:23 AM
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#1
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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EXXON
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02-01-2007, 11:28 AM
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#2
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........
Join Date: Apr 2002
Posts: 22,805
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40 billion..... sick
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02-01-2007, 11:33 AM
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#3
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Registered User
Join Date: Jul 2004
Posts: 10,295
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What's a fair profit for 1 of the largest companies in the world? I read that their profit % is in line with many other industries - does anyone know how the oil industry ranks?
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02-01-2007, 11:38 AM
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#4
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DDG-51
Join Date: Mar 2002
Posts: 3,550
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Exxon Mobil reports $39.5B annual profit
The oil giant today posted the largest annual profit by a U.S. company -- $39.5 billion -- even as earnings for the last quarter of 2006 declined 4 percent. (AP) 
WTF!!!!!!!!!! |
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02-01-2007, 11:48 AM
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#5
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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Not sure PaulS but I think 40billion is a crapload of money in the bank.
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02-01-2007, 11:53 AM
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#6
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Registered User
Join Date: Jul 2004
Posts: 10,295
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Quote:
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
Not sure PaulS but I think 40billion is a crapload of money in the bank.
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It certainly is a crapload of $. But I thought I read that the oil industries profit % (I guess of sales) is in line (or even less than) many other industries. I'm more concerned with out of line profits. |
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02-01-2007, 11:54 AM
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#7
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Registered User
Join Date: Jul 2004
Posts: 10,295
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I think I just repeated myself
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02-01-2007, 06:55 PM
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#8
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slow eddie
Join Date: May 2005
Location: Rhode Island
Posts: 1,494
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and the best part is the federal subsidies they recieve from congress. but i guess that when you spend 60,000,000 in lobiests a year, you should get something from you bought polititian
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02-01-2007, 08:26 PM
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#9
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Registered User
Join Date: Feb 2005
Location: Burlington
Posts: 2,290
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Because of the price of oil the industry has posted record profits. And they said the increase was because the cost of product to them and they were having a bad time raising the prices.
I still want to drag Cheney to the bar and torture him to tell us what his energy policy really was. OH --  maybe it was to go to Iraq and start a war? |
low & slow 37
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02-02-2007, 11:41 AM
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#10
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Retired Surfer
Join Date: Dec 2000
Location: Sunset Grill
Posts: 9,511
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That beats what I have saved for retirement!
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Swimmer a.k.a. YO YO MA
Serial Mailbox Killer/Seal Fisherman
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02-04-2007, 07:15 AM
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#11
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Registered User
Join Date: Oct 2000
Location: some where on the water
Posts: 2,313
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#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&, interesting you said ---in the BANK----. what Country is the bank in?????? dought if it's U.S.
GOOD LUCK GOOD PLUGGIN  |
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