$11billion profit THIS QUARTER and $40 profit in 20007.
Actually,they should've made more. From what I read that's only like 10% of their revenues as profit. I'd be a little discouraged to invest in Exxon only making 10% profit.
Heh just last week in my Rhet 1302 class I had to write a paper on the ethics of the Exxon Mobil CEO receiving a $300 million retirement package. I think during my research it mentioned that Exxon made more profit than any other U.S company this quarter.
Definitely by dollar amount. Not percentage, though