9.66%QQQQ 30.60 8.96%XLF 15.45 10.85%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
HOUSTON - Exxon Mobil Corp., the world's largest publicly traded oil company, says record crude prices helped its net income grow 17 percent in the first quarter.
| XOM | 62.35 |  -10.11 |
ExoonMobil said Thursday its earnings for the first three months of the year rose to $10.9 billion, or $2.03 per share, up from $9.3 billion, or $1.62 per share, a year ago.
Analysts polled by Thomson Financial were looking for a slightly larger profit of $2.13 per share.
Revenue rose to $116.8 billion from $87.2 billion a year earlier.
Given record oil prices, some had speculated Exxon Mobil would top its own record for the biggest quarter profit for a U.S. company. But the latest results fell short of the record $11.7 billion profit Exxon Mobil earned in the final quarter of 2007.
Republican John McCain and Democrat Barack Obama are heading into the final pres...
Joey Chestnut set a new fast-eating record when he ate 45 pizza slices in 10 min...
Oil prices rebounded from a 13-month low to rise above $81 a barrel Monday in As...
|
Get your next web design project done with our los angeles web design team - Best web design with great price.
|
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
