Exxon Mobil Corp. Thursday reported the biggest annual profit on record for a U.S. corporation - earning more than $75,000 every minute of 2006 on the back of record oil prices.As Arlen points out, "[F]or the second year in a row, that best year ever was also the best year for any company in history." That's quite a record! Party on.
The nation's biggest company posted net earnings of $39.5 billion on revenue of $377.6 billion last year, topping its previous profit record of $36.1 billion in 2005, which at the time was the largest for any U.S. company.
Yay for Exxon!
Congratulations, guys:
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