Wow - and what have we been paying for gas the last few months? I know that prices have dropped just recently, but this is profits from their last quarter. Did they finally lower prices because they were making too much money off of us?
|NEW YORK (CNNMoney.com) -- Exxon Mobil Corp. set a quarterly profit record for a U.S. company Thursday, surging past analyst estimates.
Exxon Mobil (XOM, Fortune 500), the leading U.S. oil company, said its third-quarter net profit was $14.83 billion, or $2.86 per share, up from $9.41 billion, or $1.70, a year earlier. That profit included $1.45 billion in special items.
The company's prior record was $11.68 billion in the second quarter of 2008.