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Exxon Mobil Posts Highest US Corporate Profit Ever at $9.9B - (FOX NEWS Report)

 

NEW YORK — Exxon Mobil Corp. (XOM) on Thursday posted a quarterly profit of $9.9 billion, its biggest ever and one of the largest in U.S. corporate history, as it raked in a bonanza from soaring oil and gas prices.  (Read Complete Report)

How did they do it??

Record profits for Big Oil at a time when consumers are paying sky-high prices for gasoline have brought calls for a windfall profits tax or other penalties on oil companies.











 



 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


More articles:  

•Exxon Mobil Settles With U.S, to Spend $571M on Refineries

•Exxon Mobil Profit Surges but Gas, Oil Output Drops

•Exxon, Saudi Aramco in $3.5B China Refinery Deal

•Exxon Ordered to Pay Gas Stations Up to $1.3B

•Exxon Mobil Profit Jumps but Misses Forecasts

•ExxonMobil Becomes World's Most Valuable Company

•Exxon Subpoenaed on Role in UN Oil-For-Food Program

•Exxon Chief: Energy Independence Impossible

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