Exxon Mobile
Originally Posted by TexfordD
OMG $11,000,000,000 this last quarter. $40,000,000,000 year total profit!!!
That is enough to fill every car,truck and SUV in America 4 times with gas !!!
That is enough to fill every car,truck and SUV in America 4 times with gas !!!
So? Do you realize how big those companies are? Do you realize that they are making about 8-9% profit in there company? That is not unheard of in business. The company I work for made 24% net profit for 2007. Big = more. As a percentage they aren't out of line. What is your point?
Originally Posted by chris1450
So? Do you realize how big those companies are? Do you realize that they are making about 8-9% profit in there company? That is not unheard of in business. The company I work for made 24% net profit for 2007. Big = more. As a percentage they aren't out of line. What is your point?
The oil industry is booming, my dad is an electrical engineer for a company here in Houston and has more work than he knows what to do with. He has increased his salary 30% in the last 18 months... I'm glad atleast someone is making money is this F ed up economy of ours
"The company also set a new record for largest quarterly profits, posting net income at $11.6 billion for the three months ending December 2007, up 14 percent over 2006's fourth quarter profits of 10.2 billion. The figures represent a gain of $2.13 per share, versus $1.76 per share in 2006."
Return on Equity (TTM): 33.10%
Return on assets (TTM): 16.60%
Return on Investment (TTM): 31.2%
Return on Equity (TTM): 33.10%
Return on assets (TTM): 16.60%
Return on Investment (TTM): 31.2%
Trending Topics
Originally Posted by JForestZ34
It doesn't matter how much they made I still think we are PAYING WAY TO MUCH FOR GAS.. OMG
James
James
Originally Posted by JForestZ34
It doesn't matter how much they made I still think we are PAYING WAY TO MUCH FOR GAS.. OMG
James
James
i agree with you. sounds like some of them like paying $3.00 plus for a gallon of gas!
Originally Posted by risupercrewman
Ya Think!.........The average middle class American is getting Hosed by these greedy F^%$#!................

holy ****... don't you understand anything about business? it is there job to make money. You and I could own stock in that company if we have a 401k, or stocks.
So your liberal *** wants to punish a company for what they are supposed to do?? Look at this.... if they lowered the price and made less profit, we would use more... and guess what? they would make more profit! And there would be a shortage. Blame the people responsible. blame the ****ing dumbocrats for not letting us drill for oil and increase refinery capacity! Get a clue dude.
Originally Posted by chris1450
holy ****... don't you understand anything about business? it is there job to make money. You and I could own stock in that company if we have a 401k, or stocks.
So your liberal *** wants to punish a company for what they are supposed to do?? Look at this.... if they lowered the price and made less profit, we would use more... and guess what? they would make more profit! And there would be a shortage. Blame the people responsible. blame the ****ing dumbocrats for not letting us drill for oil and increase refinery capacity! Get a clue dude.
So your liberal *** wants to punish a company for what they are supposed to do?? Look at this.... if they lowered the price and made less profit, we would use more... and guess what? they would make more profit! And there would be a shortage. Blame the people responsible. blame the ****ing dumbocrats for not letting us drill for oil and increase refinery capacity! Get a clue dude.
If you would have only stated what I highlighted in bold...you would have come off as somewhat intelilligent...
...but you forgot to mention, that there is no way of increasing refinery capabilities due to the "Clean Air Act"...






