Oh No, Bro!


Exxon Mobil Profits Jump
July 29, 2006, 3:19 am
Filed under: Economics, Energy

Do you think you pay too much? Exxon Mobil said Thursday it earned $10.36 billion in the second quarter, the second largest quarterly profit ever recorded by a publicly traded U.S. company. The earnings figure was 36 percent above the profit it reported a year ago. High oil prices helped boost the company’s revenue by 12 percent to a level just short of a quarterly record.

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