HAZE Posted April 27 Report Share Posted April 27 If the insane gas price increases are justified, how are these MFers making so much money?Fuckin' Bullshit!!!http://www.optonline.net/News/Article/Feeds?CID=type%3Dxml%26channel%3D32%26article%3D18158540DALLAS - Exxon Mobil Corp., the world's largest oil company, said Thursday that higher oil prices drove first-quarter profit up 7 percent from the prior year.Net income rose to $8.4 billion, or $1.37 per share, in the January-March period from $7.86 billion, or $1.22 per share, a year ago. Excluding a gain on the sale of an interest in China's Sinopec, the company's year-ago profit was $7.4 billion, or $1.15 per share.But analysts polled by Thomson Financial were looking for a higher profit of $1.47 per share for the latest quarter, and shares fell $1.55, or 2.5 percent, to $61.55 in premarket trading.Revenue grew to $88.98 billion from $82.05 billion a year earlier. Higher crude oil and natural gas prices and improved marketing margins were partly offset by lower chemical margins.Its worldwide production of oil equivalent in the first quarter of 2006 rose 5 percent.The earnings report comes amid consumer outcry in the U.S. about soaring gasoline prices. The average retail price of gasoline in the U.S. is now $2.91 a gallon, or 68 cents higher than a year ago.It also comes as Washington lawmakers are looking to appease consumers with various proposals to make big oil companies pay more taxes.In January, Exxon posted the highest quarterly and annual profits of any U.S. company in history: $10.71 billion for the fourth quarter of 2005 and $36.13 billion for the full year.Exxon said it invested $4.8 billion in capital and exploration projects, a 41 percent increase from 2005."In the first quarter of 2006, the results of our continuing long-term investment program contributed to a 5 percent increase in production," Exxon chief executive said in a prepared statement.Exxon also said it returned $7 billion to shareholders through dividends of $2 billion and buying back $5 billion worth of shares. Quote Link to comment Share on other sites More sharing options...
Felix_Leiter Posted April 27 Report Share Posted April 27 cause we live in a free market society.blame china and india as well as the problems in the middle east (ie:iran) for the high gas prices....not the oil companies Quote Link to comment Share on other sites More sharing options...
howienewport Posted April 27 Report Share Posted April 27 I wish India and Pakistan would have a nuclear war, I really do. Quote Link to comment Share on other sites More sharing options...
dgmodel Posted April 27 Report Share Posted April 27 If the insane gas price increases are justified, how are these MFers making so much money?Fuckin' Bullshit!!!http://www.optonline.net/News/Article/Feeds?CID=type%3Dxml%26channel%3D32%26article%3D18158540i just wish i or my parents bought a shit load of exxon stock around march-april-may of 1989... Quote Link to comment Share on other sites More sharing options...
howienewport Posted April 27 Report Share Posted April 27 I hope the flu pandemic is as bad or worse than the CDC is predicting. Quote Link to comment Share on other sites More sharing options...
dgmodel Posted April 27 Report Share Posted April 27 eh i dont care much either way, im out of rhhby... Quote Link to comment Share on other sites More sharing options...
funks0ul Posted April 27 Report Share Posted April 27 I wish India and Pakistan would have a nuclear war, I really do.thanks, then my fam would die. Quote Link to comment Share on other sites More sharing options...
Felix_Leiter Posted April 27 Report Share Posted April 27 I wish India and Pakistan would have a nuclear war, I really do.notice he mentions the asian continent, but no mention of china, japan, or korea Quote Link to comment Share on other sites More sharing options...
howienewport Posted April 27 Report Share Posted April 27 thanks, then my fam would die.Try getting your balls constantly busted by bitter assholes from a certain part of the world day in and day out and see how you feel. I didn't feel this way before I started this job, but after three years of bullshit I'd do a victory dance if that part of the world was wiped off the earth. Quote Link to comment Share on other sites More sharing options...
HAZE Posted April 27 Author Report Share Posted April 27 Try getting your balls constantly busted by bitter assholes from a certain part of the world day in and day out and see how you feel. I didn't feel this way before I started this job, but after three years of bullshit I'd do a victory dance if that part of the world was wiped off the earth.Tell us how you REALLY feel. Quote Link to comment Share on other sites More sharing options...
howienewport Posted April 27 Report Share Posted April 27 Tell us how you REALLY feel. :laugh: Yeah, I was holding back a bit. Quote Link to comment Share on other sites More sharing options...
crowina Posted April 27 Report Share Posted April 27 walk Quote Link to comment Share on other sites More sharing options...
lalate Posted April 28 Report Share Posted April 28 i just wish i or my parents bought a shit load of exxon stock around march-april-may of 1989... Quote Link to comment Share on other sites More sharing options...
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