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Gassed Up: Exxon Mobil posts record $45.2 billion profit in 2008
Another year, another record profit statement from Exxon Mobil, the world's largest publicly traded oil company. The specific mind-numbingly large figure is $45.2 billion, which translates to $8.69 per share. While this figure handily beats the previous record of $40.6 billion that had been set by Exxon Mobil in 2007, these huge profits were recorded mostly in the second and third quarters of 2008 when fuel prices were at record levels in much of the world. Fourth quarter earnings fell by 27%, though it's tough to feel too sorry for a company ... Read more →
Exxon Mobil exiting gas station business Frank Filipponio
With gas prices as high as they are, it might seem hard to believe that some gas companies aren't profitable, but apparently Exxon Mobil isn't doing as well as they might wish. The company just ...
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Gassed Up: Exxon Mobil posts record $45.2 billion profit in 2008 9 months ago on Autoblog
Another year, another record profit statement from Exxon Mobil, the world's largest publicly traded oil company. The specific mind-numbingly large figure is $45.2 billion, which translates to $8.69 per share. While this figure handily beats the previous record of $40.6 billion that had been set by ...
Exxon Mobil exiting gas station business 1 year ago on Autoblog
With gas prices as high as they are, it might seem hard to believe that some gas companies aren't profitable, but apparently Exxon Mobil isn't doing as well as they might wish. The company just announced that it will be selling off its gas stations for financial reasons. We suspect that the ...
GM slips to number four on the Fortune 500 1 year ago on Autoblog
General Motors has fallen once again on the Fortune 500 list of America's top-grossers. The General had once stood strong atop the rankings, having fallen from the top spot in 2001 at which time Wal-Mart took over. For the last few years, Exxon-Mobil and the big box retailer have battled for the ...
Auto industry and Big Oil trading blows 3 years ago on Autoblog
It would seem that if there are two parties who really shouldn't be playing the blame game regarding the world's energy problems: oil companies and auto manufacturers. That certainly hasn't stopped either from taking shots at each other in the media, however. Late last year, ExxonMobil ...
Autoblog Podcast #152: Paukert Enhanced!
Chris Paukert joins the usual crew of Chris, Sam, and Dan, summarily classing up the joint.
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