Monday, January 31, 2005
Aren't you happy for Exxon Mobil, which just announced the highest quarterly profits of any company in U.S corporate history, and the largest annual earnings by a publicly held company ever. $25 billion for the entire year in 2004 and $8.42 billion for the last quarter alone. And where's that money coming from? You guessed it! Crude oil sales. So, while we're all suffering at the gas pump, you can rest assured that the world's largest publicly traded oil company isn't suffering at all! Warms the cockles, eh?
Exxon Mobil's annual profit is higher than the GDP of Syria and the company fell just short of $300 billion in sales for the year 2004. Better luck this year guys!