Originally Posted By: MaryCas
Just heard on the radio tha Exxon posted a $11.7 Billion quarterly profit. The largest quarterly profit ever earned by a private corporation. I'm hoping they are accumulating these profits to invest and develop alternative energy sources. rolleyes


Actually, its profit margin was less than expected because its investment in exploration and production was larger than expected.


"Generosity. That was my first mistake."
"Experience must be our only guide; reason may mislead us."
"Instagram is Twitter for people who can't read."