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Posted: 1/30/2006 2:46:25 PM EDT
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Posted: 1/30/2006 2:47:31 PM EDT
[#1]
Yep, Exxon should give you free gas, just so you don't refer to them as "fuckers".
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Posted: 1/30/2006 2:48:13 PM EDT
[#2]
Record DUPE
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Posted: 1/30/2006 2:48:46 PM EDT
[#3]
Good for them. My uncle works for them, and Im glad his company does well. This is NOT the fucking USSR. Its called capitalism, try it sometime.
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Posted: 1/30/2006 2:49:41 PM EDT
[#4]
Got a link to a previous thread on this? Are you guys going to enjoy paying 3-5 bucks/gallon for gas? What about have 300%-400% higher heating bills? If you enjoy that more power to you. |
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Posted: 1/30/2006 2:50:37 PM EDT
[#5]
quit buying gas?
it's called capitalism. go kick your rep in the nutz if he voted against drilling in the artic, drilling in the gulf, drilling off the CA coast, or drilling anywhere for that matter. |
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Posted: 1/30/2006 2:50:58 PM EDT
[#6]
www.ar15.com/forums/topic.html?b=1&f=5&t=432357
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Posted: 1/30/2006 2:51:03 PM EDT
[#7]
They made exactly as much as the market would bear. Good.
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Posted: 1/30/2006 2:51:19 PM EDT
[#8]
good for them... mm lets think about this shall we... your markup is usually a percent of price... price goes up, markup percent stays the same... well looky here more profits...
its called capitolism |
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Posted: 1/30/2006 2:53:02 PM EDT
[#9]
Still a… DUPE Find your own link lazy boy. And grow up. |
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Posted: 1/30/2006 2:53:14 PM EDT
[#10]
That was net income, not profit.
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Posted: 1/30/2006 2:53:18 PM EDT
[#11]
Lock it up then. 
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Posted: 1/30/2006 2:53:29 PM EDT
[#12]
jealous crybaby
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Posted: 1/30/2006 2:53:34 PM EDT
[#13]
it is capitalism. But it is also as much a monopoly as debeers or microsoft ever were.
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Posted: 1/30/2006 2:54:58 PM EDT
[#14]
Wrong.
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Posted: 1/30/2006 2:56:03 PM EDT
[#15]
Do you really enjoy being raped at the gas pump or by your heating bill? |
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Posted: 1/30/2006 2:57:34 PM EDT
[#16]
+87! |
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Posted: 1/30/2006 2:57:57 PM EDT
[#17]
A whole 10.7% profit margin… a 10.7% profit margin is considered a failure in many businesses. Factored for in inflation gas is STILL cheap. |
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Posted: 1/30/2006 2:58:17 PM EDT
[#18]
The nation's largest oil company reported net income in the fourth quarter of $10.7 billion, or $1.71 a share, compared to $8.4 billion, or $1.30 a share, a year earlier.
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Posted: 1/30/2006 2:58:30 PM EDT
[#19]
I enjoy the benefits of our capitalist society. I dig a system that rewards the best and shuns the mediocre. Of course, I can see why the mediocre celebrate socialism, but I consider those people my mortal enemy. |
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Posted: 1/30/2006 2:59:28 PM EDT
[#20]
Which ones would be considered failures with a 10.7% profit margin? |
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Posted: 1/30/2006 3:00:13 PM EDT
[#21]
It is NOT Exxons fault they are not allowed to explore for oil in most of this country. If you got a beef it ain't with Exxon. And you are not being raped gas is still CHEAP as hell when adjusted for inflation. |
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Posted: 1/30/2006 3:00:56 PM EDT
[#22]
Are you trying for some troll record? 1000 posts in your first month? |
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Posted: 1/30/2006 3:01:18 PM EDT
[#23]
NET INCOME=Profit Business 101 |
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Posted: 1/30/2006 3:01:41 PM EDT
[#24]
actually i'd kinda like to know if the profit margin is figured off the price actually paid the crude oil or the price on the speculation market. i am betting those numbers have been monkey'd with a bit to low them.
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Posted: 1/30/2006 3:03:34 PM EDT
[#25]
Whatever.....
I got better shit to worry about. |
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Posted: 1/30/2006 3:03:52 PM EDT
[#26]
Good question. For the year the company earned $36.1 billion, with a profit of 10.7 billion. How does that equal 10.7% profit Max_Mike? My math says it is roughly a 29.5% profit. |
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Posted: 1/30/2006 3:04:08 PM EDT
[#27]
OK, I'm stupid. 
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Posted: 1/30/2006 3:06:53 PM EDT
[#28]
I am going to meet my CPA for dinner. Earlier today he told me how much I made in 05........bottom line profit of 22.4%  Hell yeah, I'm buying. As I said last time. With record sales if you are only squeezing 10% profit, you are risking losing in upcoming quarters. I would be raising the price. |
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Posted: 1/30/2006 3:10:19 PM EDT
[#29]
I just love it. ExxonMobil, Chevron, Shell , etc do not dictate the price of oil. The world market does. The oil companies profit run about 8% which is not a great return as comparred to banking, high teck companies, drug makers......which run over 10% maybe 15%. There are alternates to cutting your use of hydro carbon products but no one wants to do anything that may "burden them". Use you car 10% less, buy a smaller car, ride a bike, live in a smaller house.
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Posted: 1/30/2006 3:42:22 PM EDT
[#30]
Where were all these bitchy complainers when the oil industry was losing money every year in the late 90's and gas was 99 cents per gallon?
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Posted: 1/30/2006 3:45:53 PM EDT
[#31]
You will bend over and you WILL like it. |
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Posted: 1/30/2006 3:46:39 PM EDT
[#32]
i wasn't bitching because gas was .99 a gallon
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Posted: 1/30/2006 4:33:59 PM EDT
[#33]
I can remember paying .80 to .99 a gallon in '96. |
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Posted: 1/30/2006 4:35:42 PM EDT
[#34]
+1 |
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Posted: 1/30/2006 4:37:41 PM EDT
[#35]
Good deal! I work in the oil and gas industry.
My paychecks just keep getting fatter. I don't mind paying an extra $5 a tank. W00t!!
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Posted: 1/30/2006 4:39:30 PM EDT
[#36]
Any proof that Exxon slowed down production to drive up prices?
Supply and Demand. Stop buying gas if you don't like it. Or, buy energy stocks. Lemons into lemonade |
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Posted: 1/30/2006 4:40:12 PM EDT
[#37]
Musta flunked out last semester. 
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Posted: 1/30/2006 4:40:58 PM EDT
[#38]
Meanwhile, the government continues to screw you over in taxes and provide nothing in return...
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Posted: 1/30/2006 4:41:38 PM EDT
[#39]
Buy Exxon.
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Posted: 1/30/2006 4:42:50 PM EDT
[#40]
 Any thing else to add? |
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Posted: 1/30/2006 4:42:50 PM EDT
[#41]
Net Income and Profit are essentially the same thing. Sales and Revenue are essentially the same thing. Simply put, Net Income is what is left over from Revenue after taxes and expenses. My XOM stock has doubled in 2 years, good deal! |
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Posted: 1/30/2006 4:43:05 PM EDT
[#42]
Back in 1998, the price for regular was as low as $0.73/gallon because crude was under $11 a barrel. Back then, we were getting RAPED based on the cost of oil when compared to today's cost of crude. |
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Posted: 1/30/2006 4:44:20 PM EDT
[#43]
Don't blame them (ExxonMobil). They exist to make money from selling people petro products. Bitching about it won't change anything.
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Posted: 1/30/2006 4:46:22 PM EDT
[#44]
For the year the company earned income of $36.1 billion with 10.7 billion in profit. How does that equal 10.7% profit Max_Mike? My math says it is roughly a 29.5% profit. Hey Math Wizard are you going to answer my question or just admit you are wrong? |
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Posted: 1/30/2006 4:48:15 PM EDT
[#45]
So who is to blame? The OPEC cartel? |
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Posted: 1/30/2006 4:49:14 PM EDT
[#46]
For the year they earned $371 billion with a profit of $36 billion. That's according to Fox news.
Linky |
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Posted: 1/30/2006 4:49:15 PM EDT
[#47]
Yeah. There is no law against making money. |
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Posted: 1/30/2006 4:49:34 PM EDT
[#48]
We should institute price controls. For the good of the people, of course!
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Posted: 1/30/2006 4:49:53 PM EDT
[#49]
Reading is fundamental, Francis.
Link for the comprehension challenged. |
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Posted: 1/30/2006 4:50:23 PM EDT
[#50]
 And the children. |
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