Exxon Mobil Earns Record $8.42B in 4Q

[NashVegas]

Exxon Mobil Corp., the world's largest publicy-traded oil company, said Monday it earned a record $8.42 billion in the fourth quarter and $25.33 billion for all of 2004, as higher prices for oil and natural gas erased a slight decline in production.

Exxon Mobil, the world's largest publicly traded oil company, just missed $300 billion in sales for the year.

http://www.nytimes.com/aponline/business/AP-Earns-Exxon-Mobil.html?oref=login

LOVELY!

[Nicholas D Wolfwood]

1. Record profits while bitching about declines...

Sounds like they took a page out of the insurance industry's book!!!

[catmandu57]

2. Time to bring back the windfall profits tax

if only.

[NashVegas]

3. I'm Trying to Recall What They Said Last Year About 2003 Profits

Seems like they were up about 60%. Nice pile-on, ain't it?

[Prisoner_Number_Six]

4. "Earn" is the wrong word here

"Theft" is much more applicable.

[hector459]

5. Follow the money. The Iraqi invasion was well worth it to someone!

Shell 18billion profit and now this. And Americans are lulled to sleep watching "historic elections" in Iraq. All is forgiven, the Iraqi people have voted, it was worth the 1500 and more lives of US soldiers. We have mortgaged our economic future in the trillions so that Shell, Exxon Mobil, Cheveron and others can profit from billions and so that wealthy tax dodgers can dodge even more tax payments.

[Massachusetts]

6. Oink, Oink, Oink!

The Corporate Monster speaks.