RPT-UPDATE 1-FACTBOX-Facts about Exxon's record earnings

Thu Jul 31, 2008 6:40pm EDT
 
[-] Text [+]
 (Repeats with new story number, Adds Exxon statement on money
spent on taxes and expenses in the quarter)
 July 31 (Reuters) - Exxon Mobil Corp (XOM.N) pulled in
$11.68 billion in profits in the second quarter on Thursday,
the highest quarterly income ever recorded by a U.S. company.
 Here are a few facts about the company's record haul:
 ** Exxon earned over $128 million a day, or nearly $1,500 a
second during the quarter. The company said that was after it
paid $4,100 a second in taxes and $14,700 a second in expenses
to run the business.
 ** Exxon's quarterly earnings were slightly larger than
the annual gross domestic product of Afghanistan, which
was $11.63 billion in 2007, according to the World Bank.
 ** With Exxon's quarterly profit, one could potentially buy
Gap Inc (GPS.N), Ford (F.N) or Starbucks (SBUX.O), which have
market capitalizations of $11.67 billion, $10.76 billion and
$10.69 billion, respectively, according to Reuters data.
 ** Exxon's quarterly earnings translate to roughly $38.33
    per American
 ** $11.68 billion could buy roughly 2.95 billion gallons
    of gasoline, 179,692 new Cadillac Escalades, or 15.57
billion individual Snickers candy bars.
 (Reporting by Michael Erman; Editing by Toni Reinhold/Jeffrey
Benkoe)


 

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