A NOTE ABOUT PRICES LISTED ON GAS GAUGE
The gas prices listed on News 12's Gas Gauge page are accumulated by third party providers and are not guaranteed. They should be used as a reference only.
May 24, 2013
October 30, 2008
HOUSTON (AP) -- Exxon Mobil reports a record profit of $14.8 billion dollars in the third quarter, benefiting from the peak in oil prices seen in the summer.
It had held the earlier record as well.
Exxon said net income surged nearly 58 percent to $2.86 a share in the July-September period. The previous record for U.S. corporate profit was set in the previous quarter by Exxon Mobil's nearly $11.7 billion dollars.
Excluding one-time items, the third-quarter earnings were nearly $13.4 billion.
Crude prices have dropped about 50 percent from the record in mid-July.
(Copyright 2008 Associated Press. All rights reserved.)
The gas prices listed on News 12's Gas Gauge page are accumulated by third party providers and are not guaranteed. They should be used as a reference only.
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