« Focus the Nation | Main | Candidates Compete for Green Title »

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.   

February 1, 2008 in Economics, Energy | Permalink

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e5502265dc8834

Listed below are links to weblogs that reference Exxon Mobil Profits Exceed $ 11.7 Billion for 2007 4th Quarter!!!!: