-----Original Message----- From: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Cc: [EMAIL PROTECTED]; [EMAIL PROTECTED]; [EMAIL PROTECTED] Sent: Sat, 2 Feb 2008 12:29 am Subject: Who's Your Daddy Warbucks? http://www.legitgov.org/index.html#breaking_news ? Exxon shatters profit records Oil giant makes corporate history by earning $1,300 a second in 2007 Exxon Mobil made history on Friday by reporting the highest quarterly and annual profits ever for a U.S. company, boosted in large part by soaring crude prices. Exxon, the world's largest publicly traded oil company, said fourth-quarter net income rose 14% to $11.66 billion, or $2.13 per share. That's up from $10.25 billion, or $1.76 per share, in the year-ago period. That topped Exxon's previous quarterly profit record of $10.7 billion, set in the fourth quarter of 2005, which also was a record for a U.S. corporation. Exxon Posts Record Profit of $40.6 Billion For '07 Exxon Mobil's 2007 net income of $40.61 billion sets new record Exxon's record fourth-quarter profit helped push the company to a new annual best, with earnings of $11.66 billion, topping the previous record, set in the fourth quarter of 2005, when the company saw earnings of $10.71 billion. Chevron 4th-Quarter Profit Rises on Record Oil Prices Chevron Corp., the second-largest U.S. oil company, said fourth-quarter profit rose 29 percent as crude prices climbed to a record on their way to topping $100 a barrel last month. Net income increased to $4.88 billion, or $2.32 a share, from $3.77 billion, or $1.74, a year earlier, San Ramon, California-based Chevron said today in a statement. Shell Rakes in $8.5 Billion in Three Months Royal Dutch Shell, the world's second-largest publicly traded oil company, reported net income up 60 percent last quarter to a record $8.47 billion, thanks to the same rising oil prices that observers expect will lift the profits of Exxon Mobil and Chevron?to?historic levels. Who's never won? Biggest Grammy Award surprises of all time on AOL Music. ________________________________________________________________________ More new features than ever. Check out the new AOL Mail ! - http://webmail.aol.com
