Exxon posts record $11.68 billion profit

By | July 31, 2008

Exxon posts record 1168 billion profit

Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter. That profit works out to $1,485.55 a second. That barely beat the previous corporate record of $11.66 billion, also set by Exxon in the fourth quarter of 2007. – cnn

Exxon could perhaps clean up the planet by charging too much for gas and causing people to drive less?

0 thoughts on “Exxon posts record $11.68 billion profit

  1. TRO

    Just think how much the price of gasoline would drop if they could invest that money in drilling and new refineries. That’s also only about eight percent profit. Not out of line really.


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