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Old 05-12-2009, 09:25 AM   #25
Frosty
 
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Join Date: Dec 2005
Location: Mays Landing, NJ
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Quote:
Originally Posted by MonmouthCtyAntz View Post
I can understand that...then why are they having record setting profites every quarter..My coworkers wife works for exxon and she seems to have a different opinion lol.
...and I ask you this...are their record profits from gas sales? I'd say no. They have one of the most valuable items known to man, one of the most in-demand products in history...of course as demand goes up so do their profits. However, most companies are at 10% and some are at 8% profit margin, right inline with the US average.
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Last edited by Frosty; 05-12-2009 at 09:27 AM.
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