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Exxon Mobil "Earnings" Rise 44%
Posted By: ZAPPER
Date: Tuesday, 24-Apr-2001 10:02:06
www.rumormill.news/8853
In Response To: World's biggest Oil Rig listing, 9 missing (hobie)
IRVING, Texas (AP) - High prices for oil and natural gas propelled
Exxon Mobil Corp. to a $5 billion first-quarter profit, up nearly 44
percent from a year ago......
Excluding one-time gains and losses, the oil giant - which recorded the
highest profits ever by a U.S. corporation last year - earned $5.05
billion, or $1.44 per share, 51 percent higher than $3.35 billion, or 95
cents per share, earned in the first quarter of 2000......
Exxon Mobil accomplished the higher revenue without much increase in
production. Crude oil production barely inched upward, from 2.6 million
to 2.62 million barrels a day. Natural gas production actually fell to
12.15 billion to 12.01 billion cubic feet per day.....
Earnings from exploration and production were $3.8 billion, 37 percent
higher than a year ago, the company said. The company credited higher
natural gas prices.
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RMN is an RA production.
Articles In This Thread
- World's biggest Oil Rig listing, 9 missing
hobie -- Friday, 16-Mar-2001 15:24:06
- Brazil Faces Eco-Nightmare (photo)
hobie -- Saturday, 17-Mar-2001 14:12:36
- "Pollution for the "Shores of Brazil",-possibel"
tau -- Friday, 16-Mar-2001 18:03:35
- Biggest Oil Rig now "sleeps with the fishes"
hobie -- Tuesday, 20-Mar-2001 10:59:52
- MORE OIL GOES BYE-BYE: L.A. Refinery Burns
hobie -- Tuesday, 24-Apr-2001 09:04:54
- Exxon Mobil "Earnings" Rise 44%
ZAPPER -- Tuesday, 24-Apr-2001 10:02:06
- (fwd) "Let's Keep Gas Prices Down!"
hobie -- Tuesday, 24-Apr-2001 10:58:38
- Exxon Mobil Sees No Threat in Boycott Call
hobie -- Thursday, 26-Apr-2001 15:55:08
- conoco refinery in england exploded
gigi -- Monday, 16-Apr-2001 11:44:57
- Re: conoco refinery in england exploded
Pace -- Monday, 16-Apr-2001 12:08:49
- BBC: Major blast at oil refinery
hobie -- Monday, 16-Apr-2001 12:10:27
- Brazil: Another Unexplained Oil Spill
hobie -- Saturday, 26-May-2001 12:52:24
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