Friday, February 1, 2008

Exxon Mobil Profits Exceed $ 11.7 Billion for 2007 4th Quarter!!!!

Dow Jones Marketwatch reported that Exxon Mobil had its most profitable quarter ever, earning 18 cents a share more than the incredible $ 1.95 profit than analysts had projected and 44 cents per share more than last year's fourth quarter.  Its revenue jumped approximately $ 27 billion as crude oil prices soared above $90 per barrel and touched the $ 100 mark last quarter.  Despite the profit picture, its shares fell 45 cents a share.   

http://lawprofessors.typepad.com/environmental_law/2008/02/exxon-mobil-pro.html

Economics, Energy | Permalink

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