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Exxon Mobil 1st-Qtr Profit Rises as Oil Prices Surge

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kurth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-27-06 09:18 AM
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Exxon Mobil 1st-Qtr Profit Rises as Oil Prices Surge
Exxon Mobil 1st-Qtr Profit Rises as Oil Prices Surge

April 27 (Bloomberg) -- Exxon Mobil Corp., the world's biggest oil company, said profit climbed 6.9 percent to a first-quarter record of $8.4 billion...

Houston-based ConocoPhillips, the third-biggest U.S. oil company, yesterday said its profit rose 13 percent to $3.29 billion. Marathon Oil Corp., No. 4 in the U.S., today said net income more than doubled to $784 million...

http://www.bloomberg.com/apps/news?pid=10000103&sid=adtLNwuAPhnc&refer=us

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Another quarterly RECORD!
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One_Life_To_Give Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-27-06 09:22 AM
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1. Poor Performance
Price of oil and gas nearly doubled. And thery only increased their net profit by 7%!

I see why they let their last CEO go.
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