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Those poor oil companies and the risks they have to take
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From
04/02/2007 09:48:59
 
 
To
02/02/2007 00:57:59
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Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01191692
Message ID:
01192225
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12
I heard a news story earlier this week, that while the profits sound huge, they are actually in line with many non-oil companies when you look at other measurements such as earnings per share, earnings per dollar invested in capital, etc.

>http://money.cnn.com/2007/02/01/news/companies/exxon/index.htm?eref=rss_topstories
>
>Exxon Mobil Corp. Thursday reported the biggest annual profit on record for a U.S. corporation - earning more than $75,000 every minute of 2006 on the back of record oil prices.
Craig Berntson
MCSD, Microsoft .Net MVP, Grape City Community Influencer
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