Awash in Money
April 28, 2011 at 8:57 AM Leave a comment
Quickie:
Exxon Mobil Corp. said Thursday that its first-quarter profit climbed 69% to almost $11 billon, beating Wall Street estimates, as $100-a-barrel crude prices boosted the oil company’s bottom line to levels not seen since 2008.
For the quarter, Exxon Mobil’s profit rose to $10.65 billion, or $2.14 a share, from $6.3 billion, or $1.33 a share, in the year-ago period.
Stop and take that in: $10.65 in the first quarter. $10.65 BILLION in THREE MONTHS.
Entry filed under: Corporatocracy, Energy. Tags: .
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