and this is what Rex commented today on their results: EXXONMOBIL'S CHAIRMAN REX W. TILLERSON COMMENTED: “Second quarter results reflect our ongoing commitment to develop and deliver the energy needed to help meet global demand and underpin economic recovery and growth. Despite global economic uncertainty, we continue to invest throughout the business cycle taking a long-term view of resource development. “Second quarter earnings of $15.9 billion included a net gain of $7.5 billion associated with divestments and tax-related items. Excluding these items, second quarter earnings were $8.4 billion. “Capital and exploration expenditures were $9.3 billion in the second quarter and a record $18.2 billion for the first six months of 2012 as we progress our plans to invest about $37 billion per year over the next five years to help meet the global demand for energy. “The Corporation distributed $7.7 billion to shareholders in the second quarter through dividends and share purchases to reduce shares outstanding.”
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XOM won't stand mute
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XOM won't stand mute - by Tree - 07-26-2012, 11:47 PM
RE: XOM won't stand mute - by admin - 07-26-2012, 11:54 PM
RE: XOM won't stand mute - by jft310 - 07-26-2012, 11:56 PM
RE: XOM won't stand mute - by Tree - 07-27-2012, 12:43 AM
RE: XOM won't stand mute - by TxPm - 07-26-2012, 11:56 PM
RE: XOM won't stand mute - by freddiekingman - 07-27-2012, 12:51 AM
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