Exxon-Mobil Reaps Record Earnings...Again!
(AP)
Exxon Mobil Corp said on Thursday soaring oil prices pushed its second-quarter earnings up 14 percent, again breaking its own record for the highest-ever profit by a U.S. company. Net income in the quarter rose to $11.68 billion, or $2.22 a share, from $10.26 billion, or $1.83 a share, last year.
Exxon,the world's largest publicly traded company,previously set the high-water mark for quarterly earnings in the fourth quarter of last year, when it brought in $11.66 billion.
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