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Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,793
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Quote:
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Originally Posted by cambaby
How that uptime there bud? Still crappy?
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Ran away as usual, ya litta fucking fag turd sucking trailer trash ????
So, still think the oil companys do less $$$$
you are a fucking liar .. an an idiot one.
My answer:
Quote:
Exxon Mobil 2Q profit jumps 32 percent
By STEVE QUINN, AP
IRVING, Texas (AP) - Exxon Mobil Corp., the world's largest publicly traded oil company, reported a 32 percent increase in second-quarter profits as it reaped the benefits of soaring oil and natural gas prices.
Net income for the April-June quarter rose to $7.64 billion, or $1.20 per share, from $5.79 billion, or 88 cents per share, the year before. Excluding one-time items, earnings totaled $7.84 billion, or $1.23 per share, Exxon said on Thursday.
The adjusted earnings just missed analysts' expectations for profit of $1.24 per share, according to a Thomson Financial survey.
Revenue totaled $88.57 billion, a gain of 25 percent from $70.69 billion a year earlier.
Profits from exploration and production jumped $1 billion to $4.9 billion, a reflection of strong crude and natural gas prices offsetting a 4.3 percent reduction in output, the company said.
Fadel Gheit, an analyst with Oppenheimer & Co., said Exxon's profits from that segment stood out. But Gheit thought the figures should have been higher than the first quarter's $5 billion, perhaps by as much as $500 million.
"It leads me to believe costs must be rising, which I have no argument with," he said. "The underlying cost structure for Exxon and the industry is definitely rising -- and it could be rising pretty fast. They can do what ever they want, but at the end of the day, the industry will dictate the environment."
Earnings from refining and selling petroleum products rose $714 million to $2.2 billion, while earnings from its chemicals business were $814 million, up $207 million from a year earlier.
"We had a very strong second quarter in all segments of our business," said Henry Hubble, Exxon's vice president of investor relations. "Our continued focus on operational and executional excellence underpins these results."
The company said its capital and exploration spending rose from $3.6 billion to $4.5 billion.
"Exxon Mobil-operated projects that are key to the future volume growth continue to be on budget and on or ahead of schedule," said Exxon Mobil chairman and chief executive Lee R. Raymond.
The strong second quarter enabled Exxon Mobil to produce a record $15.5 billion in net income, or $2.42 per share, for the first six months. That 38 percent boost is up $4.2 billion, or $1.71 a share, from the first six months of 2004.
Not only has it surpassed last year's two-quarter mark. Exxon is just $1.5 billion off its three-quarter performance from last year. If Exxon continues at this pace, it could record more than $30 billion in net income; last year it netted $25.3 billion.
Revenue for the first half reached $170 billion, which is up from $138 billion after six months last year.
"They made a lot of money last year, but now they are printing it," Gheit said.
So far in the first half, exploration and production net income rose $2.1 billion to $9.9 billion, and earnings from refining and petroleum sales rose $853 million to $3.3 billion, the product of stronger worldwide margins, the company said. Chemical earnings of $2 billion were up $925 million form the first half of last year.
Shares of Exxon fell 9 cents to $59.50 in early afternoon trading. The stock has been trading in a 52-week range of $44.20 to $64.37.
07/28/05 14:11 EDT
http://aolsvc.news.aol.com/business...728141309990005
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your answer:
NOTHING, silence, vanished....
You have something to say about my business you fucking little piece of slim ball, spit it out and back it up ...
Sure wont here from you rotten dick/c.u.n.t. for a while!
You should be fucking banned .. and killed!
__________________
I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....
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