Exxon Mobil Corp., the world's largest publicly traded oil company, on Thursday reported quarterly profit surged, driven by rising oil prices.Full disclosure: I have some Exxon-Mobil stock and yes I am ashamed.
Net income in the first quarter was $8.4 billion, or $1.37 a share, up from $7.86 billion, or $1.22 a share, a year earlier.
Revenue jumped to $88.98 billion from $82.05 billion.
Thursday, April 27, 2006
8.4 Billion is Pretty Good
Explain to me one more time why gas prices are so high
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