Oil company profits: A perspective
Earnings, Revenues, Profits (Billions) for selected companies, recent quarter, 2005
Source: Bloomberg News, reported in AAPG Explorer Dec. 2005
Company Net Profit Revenue Profit Margin
Citigroup (banking) $7.1 $21.5 33%
Microsoft $3.1 $9.7 32%
Coca-Cola $1.3 $6.0 21%
Procter & Gamble $2.0 $14.8 14%
General Electric $4.7 $41.6 11%
ExxonMobil $9.9 $92.6 11%
ConocoPhillips $3.8 $48.7 8%
IBM $1.5 $21.5 7%
Chevron $3.6 $51.1 7%
Wal-Mart $2.8 $76.8 4%
Oil industry average profit margin is about 8.2%; (3rd Q. '05)
for all US industry, the average is about 6.8%.
Profits in the oil industry were easily outpaced by those of the
Pharmaceuticals, Banks, Household Products, Software, Telecommunications,
Semiconductors, Consumer Services, and Food, Beverage and Tobacco sectors.

Quote Originally Posted by denuseri View Post
What data? I see no data to support that they are not.

If any thing I see them (big oil and coal) pulling in reccord profits, while the costs to the consummers does nothing but rise until eaither the government steps in or the people simpley cant afford to buy anymore and then and only then do they relinquish thier strangle hold.