More Record Oil Company Profits - RF Cafe Forums

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Walking

Post subject: More Record Oil Company Profits

Posted: Thu Oct 27, 2005 11:33 am

Today:
Yet another headline of record oil company profits:

Exxon Mobil Posts Record U.S. Profit - Up 75%
http://finance.myway.com/jsp/nw/nwdt_rt ... e=20051027

Yesterday:
ConocoPhillips Profit Beats Forecasts - Up 89%
http://news.yahoo.com/s/nm/20051026/bs_ ... earns_dc_4

The oil company mouthpieces blame high prices ad the pump on infrastructure costs and higher foreign oil prices, but if that were so, the profits would be the same, not almost double - about the increase at the pumps!!!!!!!
:smt067

kanling

Post subject:

Posted: Fri Oct 28, 2005 3:28 pm

Colonel

Joined: Mon Jul 18, 2005 4:31 pm
Posts: 38
Location: Baltimore, MD

So... it turns out oil industry profits are in line with industry in general... banks and software companies are the ones that are making huge profit margins. http://www.exxonmobil.com/Corporate/Fil ... apples.pdf

Posted 11/12/2012

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