http://www.kenniffonline.com/profits-tax-return/
Would you say that the profits of Exxon 12 billion in a quarter is a good return on your investment return?
How can a poor beat the benefits? His income is still good. I do not need to secure their profits.
Heres what people do not realize. Oil companies U.S. (Big Oil) are some of the smaller oil companies wide, and very little own proven reserves. Real "Big Oil" are, nationalized big business, especially in the Middle East. Yes, Exxon made 12 billion last quarter, a record quarter profit and revenue. But what you do not hear is that had the registration costs. In the Forbes 100 largest U.S. companies, Exxon is only the fourth highest in terms of profit margin, bringing 10%. Yes, they did much, but it took a lot too. Microsoft, meanwhile, topped the list in more than 25%. However, Exxon sells a lot more stuff not -Microsoft. In no way shape or form is 10% "excessive." And who cares who made 12 billion. Exxon is an American company, owned in large part by U.S. stocks. Less than 2% is owned by the companies of the CEO and officers. So the real winners of the success of Exxon is the average American who owns shares, investment funds, pension plans, etc. Indeed, revenues and earnings are good, there have been a successful company, but by amount of money to spend, a profit of 12 billion quarts is not excessive.
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