|
Exxon Mobil has once again reported the largest quarterly profit in U.S. history. In the second quarter of 2008, it posted a net income of $11.68 billion on revenue of $138 billion in the second quarter. That’s a profit of $1,485.55 a second.
The previous corporate record was $11.66 billion, also set by Exxon in the fourth quarter of 2007.
As an oil producer, the company makes a lot of money when crude prices rise. Exxon made $10 billion from selling oil in the latest quarter, up nearly 70 percent.
Sources:
|