Originally Posted by mbossman2
does some one want to do some research and some math?
compare Q3 last years revenue to Q3 last years profits
compare this Q3's revenues to this Q3's profits
(calculates the profit margin)
is there an increase in margin or no?
Well let me see. Exxon had record profits of almost 10 billion, which equates to $4.48 million an hour. Shell made almost 9 billion in profit also a record for them and it would have been a record except for Exxon. Exxon has taken out full page ads in several newspapers stating that their profit is not out of line, which many people are finding hard to swallow. Funny that quarterly profit was up 75% but revenues were only up 32%.