End * on * End - Latest Comments in ExxonMobil’s Q3 Profits Expected to Exceed $10 Billion

Re: ExxonMobil’s Q3 Profits Expected to Exceed $10 Billion

Darrel — Thu, 01 Dec 2005 15:00:05 -0000

I think if you are actually interested in the topic you would look at the Return On Equity of the company instead of total $$$ of profit. A billion dollars sounds like a lot of money but if investors put in $100billion, they aren't really happy. (Like buying Amazon.com stock when it was at it's peak)

You might also be interested to compute the TOTAL taxes paid on the profit (hint don't forget to consider the taxes paid on earnings, on the dividends and also go check out taxes on employee wages not to mention gasoline taxes etc.)

Re: ExxonMobil’s Q3 Profits Expected to Exceed $10 Billion

endonend — Sun, 20 Nov 2005 21:33:32 -0000

Very good point. I totally forgot about this! Regardless it is still a lot of profit for a company getting tax breaks.

Thanks for the clarification on the merger!

Re: ExxonMobil’s Q3 Profits Expected to Exceed $10 Billion

Chris — Sun, 20 Nov 2005 14:16:31 -0000

The reason for the jump after 1999 was that Exxon on and Mobil Merged in 1999. This is why their profits doubled in 1 year. I thought that needed mentioning. Your not looking at 1 large company after '99 your looking at 2 of the largest together under 1 name.

Re: ExxonMobil’s Q3 Profits Expected to Exceed $10 Billion

Anonymous — Mon, 03 Oct 2005 11:20:09 -0000

California's Dept. of Energy has all sorts of gasoline pricing data back to the mid 90's I believe. Try here for a nice updated picture with historical data available http://tonto.eia.doe.gov/oo...