Oh come on

[Tin]

Exxon Mobil made $40.6 billion in PROFIT last year. This is just wrong and disturbing. I usually don't complain because I realize there is nothing I can do. But come on.

[Guest muddy]

Oh Gee I wonder how they did that

[FishingBuds]

Oh Gee I wonder how they did that

They swichted to GIECO   ;D

[burleytog]

Exxon Mobil made $40.6 billion in PROFIT last year. This is just wrong and disturbing. I usually don't complain because I realize there is nothing I can do. But come on.

What was their profit margin? :

[grimlin]

And they raised the prices another .10 cent here over the week. >

[fisherdave]

The oilfield is nuts right now. I work for a large oil service company and the amount of money being spent and made is just crazy.

FisherDave

[Root beer]

HEY! Wal-mart made 240 billion dollars in profit and their full time employee cant afford health care through their health care benefits.

I say destory wal-mart!!!!

What did the other oil company make?

[fishfordollars]

Wal mart just might be the antichrist...Along with all the oil companies...

[Fishing Doug]

Exxon Mobil made $40.6 billion in PROFIT last year. This is just wrong and disturbing. I usually don't complain because I realize there is nothing I can do. But come on.

What was their profit margin? :

11.59%

The Russell 1000 Growth Index (a comparable index) had a composite return of 11.81% for '07 and the Dow returned 8.87% for the year.....is 11.59% really out of line? :-X

[burleytog]

Exxon Mobil made $40.6 billion in PROFIT last year. This is just wrong and disturbing. I usually don't complain because I realize there is nothing I can do. But come on.

What was their profit margin? :

11.59%

The Russell 1000 Growth Index (a comparable index) had a composite return of 11.81% for '07 and the Dow returned 8.87% for the year.....is 11.59% really out of line? :-X

Exactly.  :-X

[Tin]

Understood, but just some crazy numbers.

[Big T]

HEY! Wal-mart made 240 billion dollars in profit and their full time employee cant afford health care through their health care benefits.

I say destory wal-mart!!!!

What did the other oil company make?

That is total bull, not to be smart or anything but do you work at Walmart do you know what their pay is. I work for Walmart as does my wife. I also know for a fact that they have several health plans to choose from. It just depends on what kind of deductable you want. It never seems to surprise me how much people complain about Wal-Mart, I mean they tell you what your salary is going to be before you start. And those who bad mouth them are always the first ones to run to Wal-Mart when they need to buy something. I appologize in advance if this offends anyone but this is my opinion.

TS

[Cajun1977]

ten bucks says one of the captain americas shut this thread down before it hits 4 pages ;D ;D ;D ;D

[michbass]

what is exxon and walmart am I missing something?  

[Long Mike]

I'm glad that Burley and Doug discussed Exxon's profit margin.  A lot of people just look at the amount of profit and forget how small the profit margin really was.  For those who don't know what we are talking about,  Total Sales, minus Total Costs, equals Profit Margin.  This means that Exxon SPENT about $309.7 Billion (that's a LOT of jobs they created) to make their profit.  As a publically traded company, Exxon has an obligation to its shareholders (and its employees) to maximize its profit.  Exxon's profit margin is in line with other well-run businesses.

[Catt]

What did Bill Gates make last year?  

[Replica.]

Thank you Fishing Doug, Burley Walnuts, and Long Mike for your use of rational thought.  

[FishingBuds]

For the record-Walmart is going to be the U.N. in 10 years.  ;D

Oops, someones knocken at my door(I think its Big Brother

[Guest muddy]

TONY SOPRANO WOULD BE DOIN TIME FOR CHARGING A VIG LIKE THAT

[Root beer]

That is total bull, not to be smart or anything but do you work at Walmart do you know what their pay is. I work for Walmart as does my wife. I also know for a fact that they have several health plans to choose from. It just depends on what kind of deductable you want. It never seems to surprise me how much people complain about Wal-Mart, I mean they tell you what your salary is going to be before you start. And those who bad mouth them are always the first ones to run to Wal-Mart when they need to buy something. I appologize in advance if this offends anyone but this is my opinion.

TS

31 states are currently in a lawsuit with wal-mart for not paying their employees for the hours they worked. That is a true fact, not bull.

I got all this from a pretty good source. Cant confirm all of it, but some of it I believe.

[SPEEDBEAD.]

That is total bull, not to be smart or anything but do you work at Walmart do you know what their pay is. I work for Walmart as does my wife. I also know for a fact that they have several health plans to choose from. It just depends on what kind of deductable you want. It never seems to surprise me how much people complain about Wal-Mart, I mean they tell you what your salary is going to be before you start. And those who bad mouth them are always the first ones to run to Wal-Mart when they need to buy something. I appologize in advance if this offends anyone but this is my opinion.

TS

31 states are currently in a lawsuit with wal-mart for not paying their employees for the hours they worked. That is a true fact, not bull.

I got all this from a pretty good source. Cant confirm all of it, but some of it I believe.

That is a totally different situation and has nothing to do with Health Care benefits.

While I am not a fan of big oil, I need to drive to work and I will continue to buy gas.  Not much you can do about it....

[Guest muddy]

ten bucks says one of the captain americas shut this thread down before it hits 4 pages ;D ;D ;D ;D

TRYING TO MAKE BACK SOME BAD SUPERBOWL MONEY?

[tntitans21399]

Before you bash Walmart, atleast Walmart keeps cutting cost while gas companies keep raising.  It's companies like Walmart, Home Depot, Kroger, and other big stores now getting into the gas business that will help bring the gas prices down because the more you use them the more the bigger gas companies will have to lower prices to get you to come back to them.

[Long Mike]

tntitans,  I have said the before, but I will say it again.  The oil companies do not control the price of oil.  The market place does.  Oil is traded on the open market just like any other commodity, e.g. wheat or beef.  The fortunes of the oil companies rise and fall with the Market Place.

[Troutfisher]

You guys say Exxon made their profit like it is a bad thing.  If they know how to make money and correctly run a global wide business, then how is that bad?  The company themselves do not control the gas prices.  They know how to make money efficiently and effectively.  Imagine what would happen if Exxon Corporation just said "We quit," and fired all employees and shut everything down.  Then think of what would happen to our economy, gas prices, everything.  I'm just offering a counter point.