Also, while their earnings per share slightly exceeded consensus estimates, their stock fell because they did not match their record earnings of $14 billion they achieved in 2008 when oil hit $147 per barrel.
Judah On Thu, Apr 28, 2011 at 10:38 AM, Judah McAuley <[email protected]> wrote: > Exxon earnings were announced this morning, actually. > > Profit of 10.65 billion on sales of 114.85 billion. > > Cheers, > Judah > > On Thu, Apr 28, 2011 at 10:26 AM, G Money <[email protected]> wrote: >> >> my heart bleeds for the Exxon corporation. >> >> What kind of revenue do you have to have coming in to owe 9.8 BILLION in >> taxes? >> >> On Thu, Apr 28, 2011 at 12:06 PM, Sam <[email protected]> wrote: >> >>> >>> About Exxon not paying income taxes... >>> >>> >>> http://www.exxonmobilperspectives.com/2011/04/27/gas-prices-and-industry-earnings-a-few-things-to-think-about/ >>> >>> ExxonMobil is one of the largest taxpayers in the United States >>> Last year, our total taxes and duties to the U.S. government topped >>> $9.8 billion, which includes an income tax expense of $1.6 billion. >>> Over the past five years, we incurred a total U.S. tax expense of >>> almost $59 billion, which is $18 billion more than we earned in the >>> United States during the same period. Critics often try to ignore >>> these facts by saying the oil and gas industry receives subsidies. >>> But what they really mean is that they want to increase our taxes by >>> taking away long-standing deductions for our industry while leaving >>> these same deductions in place for other sectors of the econom >>> >>> >> >> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:337074 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
