- -3.2
- Impact
Exxon Mobil Posts Largest Annual Profit In US History
Flag As Inappropriate
ryan
about 1 year ago about Exxon Mobil
From the Boston Herald (via Consumerist):
Oil giant Exxon Mobil Corp. on Thursday posted the largest annual profit by a U.S. company – $39.5 billion – even as earnings for the last quarter of 2006 declined 4 percent. The 2006 profit topped the previous record of $36.13 billion which Exxon set in 2005. Revenue at the world’s largest publicly traded oil company rose to $377.64 billion for the year, surpassing the record $370.68 billion that Exxon posted in 2005. Exxon Mobil’s record annual earnings followed a year of extraordinarily high energy prices as crude oil topped $78 a barrel in the summer – driving up average gasoline prices in the United States to more than $3 a gallon. Prices retreated later in the year.
Big profits, of course, make investors happy… but at what cost? Does Exxon Mobil even care about its consumers?
This is a story about Exxon Mobil
Other recent stories about Exxon Mobil
- Cuomo to Sue Exxon Over Pollution in Brooklyn
- Attorney General Andrew M. Cuomo moved today to sue ExxonMobil and four other companies over millions of gallons of oil lying under the Greenpoint neighborhood in Brooklyn and to repair environmental damage inflicted on the nearby Newtown Creek. [read more]
- 18 years on, Exxon Valdez oil still pours into Alaskan waters
- Crude oil is still polluting Alaskan waters almost 18 years after the tanker Exxon Valdez ran aground, according to a study by US government scientists to be published in two weeks. [read more]
- Exxon Rakes in Record Profits, Still Won't Pay for Alaskan Oil Spill
- According to a report by Associated Press (and many other sources) Exxon Mobile posted records profits for the year. Here’s a segment: [read more]
- Exxon helps fund counter study to United Nations climate change report
- Scientists have been offered $10,000 dollars (plus expenses) to offer research countering the UN climate change report that is being released today. [read more]
Comments
No comments yet. Be the first!
Log In To Add A Comment