Comments on: ExxonMobil's Q3 Profits Expected to Exceed $10 Billion http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/ The home of Jason Dettbarn --> Husband, Father of 3 Girls, Tech Geek, Lover of the Interwebs Thu, 01 Oct 2009 03:21:00 +0000 hourly 1 By: Darrel http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/comment-page-1/#comment-28 Darrel Thu, 01 Dec 2005 20:00:05 +0000 http://localhost:8888/wordpress/?p=33#comment-28 I think if you are actually interested in the topic you would look at the Return On Equity of the company instead of total $$$ of profit. A billion dollars sounds like a lot of money but if investors put in $100billion, they aren't really happy. (Like buying Amazon.com stock when it was at it's peak)<br /> <br /> You might also be interested to compute the TOTAL taxes paid on the profit (hint don't forget to consider the taxes paid on earnings, on the dividends and also go check out taxes on employee wages not to mention gasoline taxes etc.) I think if you are actually interested in the topic you would look at the Return On Equity of the company instead of total $$$ of profit. A billion dollars sounds like a lot of money but if investors put in $100billion, they aren’t really happy. (Like buying Amazon.com stock when it was at it’s peak)

You might also be interested to compute the TOTAL taxes paid on the profit (hint don’t forget to consider the taxes paid on earnings, on the dividends and also go check out taxes on employee wages not to mention gasoline taxes etc.)

]]> By: Darrel http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/comment-page-1/#comment-208 Darrel Thu, 01 Dec 2005 20:00:00 +0000 http://localhost:8888/wordpress/?p=33#comment-208 I think if you are actually interested in the topic you would look at the Return On Equity of the company instead of total $$$ of profit. A billion dollars sounds like a lot of money but if investors put in $100billion, they aren't really happy. (Like buying Amazon.com stock when it was at it's peak) You might also be interested to compute the TOTAL taxes paid on the profit (hint don't forget to consider the taxes paid on earnings, on the dividends and also go check out taxes on employee wages not to mention gasoline taxes etc.) I think if you are actually interested in the topic you would look at the Return On Equity of the company instead of total $$$ of profit. A billion dollars sounds like a lot of money but if investors put in $100billion, they aren’t really happy. (Like buying Amazon.com stock when it was at it’s peak)

You might also be interested to compute the TOTAL taxes paid on the profit (hint don’t forget to consider the taxes paid on earnings, on the dividends and also go check out taxes on employee wages not to mention gasoline taxes etc.)

]]> By: Jason http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/comment-page-1/#comment-27 Jason Mon, 21 Nov 2005 02:33:32 +0000 http://localhost:8888/wordpress/?p=33#comment-27 Very good point. I totally forgot about this! Regardless it is still a lot of profit for a company getting tax breaks. <br /> <br /> Thanks for the clarification on the merger! Very good point. I totally forgot about this! Regardless it is still a lot of profit for a company getting tax breaks.

Thanks for the clarification on the merger!

]]> By: Jason http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/comment-page-1/#comment-207 Jason Mon, 21 Nov 2005 02:33:00 +0000 http://localhost:8888/wordpress/?p=33#comment-207 Very good point. I totally forgot about this! Regardless it is still a lot of profit for a company getting tax breaks. Thanks for the clarification on the merger! Very good point. I totally forgot about this! Regardless it is still a lot of profit for a company getting tax breaks.

Thanks for the clarification on the merger!

]]> By: Chris http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/comment-page-1/#comment-26 Chris Sun, 20 Nov 2005 19:16:31 +0000 http://localhost:8888/wordpress/?p=33#comment-26 The reason for the jump after 1999 was that Exxon on and Mobil Merged in 1999. This is why their profits doubled in 1 year. I thought that needed mentioning. Your not looking at 1 large company after '99 your looking at 2 of the largest together under 1 name. The reason for the jump after 1999 was that Exxon on and Mobil Merged in 1999. This is why their profits doubled in 1 year. I thought that needed mentioning. Your not looking at 1 large company after ’99 your looking at 2 of the largest together under 1 name.

]]> By: Chris http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/comment-page-1/#comment-206 Chris Sun, 20 Nov 2005 19:16:00 +0000 http://localhost:8888/wordpress/?p=33#comment-206 The reason for the jump after 1999 was that Exxon on and Mobil Merged in 1999. This is why their profits doubled in 1 year. I thought that needed mentioning. Your not looking at 1 large company after '99 your looking at 2 of the largest together under 1 name. The reason for the jump after 1999 was that Exxon on and Mobil Merged in 1999. This is why their profits doubled in 1 year. I thought that needed mentioning. Your not looking at 1 large company after ’99 your looking at 2 of the largest together under 1 name.

]]> By: Anonymous http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/comment-page-1/#comment-25 Anonymous Mon, 03 Oct 2005 15:20:09 +0000 http://localhost:8888/wordpress/?p=33#comment-25 California's Dept. of Energy has all sorts of gasoline pricing data back to the mid 90's I believe. Try here for a nice updated picture with historical data available http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp California’s Dept. of Energy has all sorts of gasoline pricing data back to the mid 90′s I believe. Try here for a nice updated picture with historical data available http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp

]]> By: Anonymous http://www.jasondettbarn.com/2005/09/08/exxonmobils-q3-profits-expected-to-exceed-10-billion/comment-page-1/#comment-205 Anonymous Mon, 03 Oct 2005 15:20:00 +0000 http://localhost:8888/wordpress/?p=33#comment-205 California's Dept. of Energy has all sorts of gasoline pricing data back to the mid 90's I believe. Try here for a nice updated picture with historical data available http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp California’s Dept. of Energy has all sorts of gasoline pricing data back to the mid 90′s I believe. Try here for a nice updated picture with historical data available http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp

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