<-- Largest Company in The World !!!

**XonDemand** · 05-01-2008, 04:25 AM

stock report for 'XOM'

**StuartD** · 05-01-2008, 04:26 AM

Yup, breaking their own previous record profits every year... the reason gas prices go up?

To break the record again next year.

**Violetta** · 05-01-2008, 04:31 AM

damn that is a lot of bling

**Jago Webcams** · 05-01-2008, 04:32 AM

Exxon's still #2 in overall revenues behind Wal-mart. Their margins are significantly higher, but as far as 'Biggest Companies in the World':

Fortune 500

**StuartD** · 05-01-2008, 04:34 AM

Originally posted by Jago Webcams

Exxon's still #2 in overall revenues behind Wal-mart. Their margins are significantly higher, but as far as 'Biggest Companies in the World':

Fortune 500

Revenues are not the same as profits.

**Adam_OC3** · 05-01-2008, 04:40 AM

Exxon's profits don't look like there going anywhere but up with the gas prices. Maybe the stock XOM @ $93 and PE of 12 is a good way to make back what they take from us at the pump.

**vod** · 05-01-2008, 06:13 AM

Originally posted by Jago Webcams

Exxon's still #2 in overall revenues behind Wal-mart. Their margins are significantly higher, but as far as 'Biggest Companies in the World':

Fortune 500

Jago - that Fortune 500 list is from 2007 ;- )

Exxon Mobil put out a press release stating the fact that they just passed out everyone and lead the way for the largest company in the world... as of today

they could be #2 agian at the end of the year but I don't think so...BUSH wants/needs gas prices to go up until he leaves office, once that happens then Oil / gas pricing will go down aLOT...

**StuartD** · 05-01-2008, 06:17 AM

Originally posted by vod

they could be #2 agian at the end of the year but I don't think so...BUSH wants/needs gas prices to go up until he leaves office, once that happens then Oil / gas pricing will go down aLOT...

We hope... but I don't see that happening.
Oil companies have always had major influence over government, money = power.

Where the US screwed up was making the oil companies in charge, rather than just keeping them on the influential level.

So even after the oil companies no longer run the place, they will still have enough influence to keep things good for them, bad for us.

**Fap** · 05-01-2008, 06:23 AM

I thought you meant most emloyees

**vod** · 05-01-2008, 01:19 PM

Originally posted by StuartD

they will still have enough influence to keep things good for them, bad for us.

not if we do something about it...

cars that run on water anything but OIL>GAS

**spunkmaster** · 05-01-2008, 02:14 PM

[QUOTE=XonDemand;14136312]The Largest Company in The World is Exxon Mobil Corp. over 400+ billion
with 40%+ profits each quarter...

This isn't true.

Exxon Mobile had $11.66 billion last quarter on $110 Billion in sales.

This is only a 10% profit !

Sales in 2007 were 400 billion with 40 billion in profits - again only 10% profit !

The average company is aims for a gross profit of just under 30 percent, with 57 percent of companies falling between 20 and 40 percent !

**Anadrol** · 05-01-2008, 03:26 PM

you are crazy to think they only 10% ....cooking the books comes natural to them ...

**StuartD** · 05-01-2008, 04:02 PM

Originally posted by spunkmaster

This isn't true.

Exxon Mobile had $11.66 billion last quarter on $110 Billion in sales.

This is only a 10% profit !

Sales in 2007 were 400 billion with 40 billion in profits - again only 10% profit !

The average company is aims for a gross profit of just under 30 percent, with 57 percent of companies falling between 20 and 40 percent !

The average company isn't making 400 billion per year.
I'm sure the "rules" don't quite apply once you're breaking all records regardless of percentages.

<-- Largest Company in The World !!!

<-- Largest Company in The World !!!

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