Exxon posts record biggest US quarterly profit. Ever.
Friday, August 1st, 2008We all know the oil companies makes billions off us. But it’s not their fault right? They just charge what they’re required to because of the cost of crude. Bullshit. Exxon posts the record quarterly earnings in the history of the US. $11.7 Billion dollars in a single quarter. Fuck you, is what I have to say about that.
However. There is a deeper story here that really bothers me. They actually failed to meet expectations! As a result, stock value dropped 5%! What kind of ass-backwards thought process is this? Post the biggest profits in history and get penalized for it?! I’ve never liked the stock market, and this only goes to fuel that hatred. Maybe I’m just simple, but this doesn’t make any logical sense to me.