From the May 8th Northwest Herald "Exxon Mobil tops Fortune 500 list."
Hard to believe it, but someway, some how, this Big Oil Company has managed to make a LOT OF MONEY!! They bumped Wal-Mart from first place among Fortune 500's top revenue-generating U.S. companies. Two other Big Oil Companies ranked behind Wal-Mart for third and 4th: Chevron and ConocoPhillips.
For 2011, Exxon Mobil reported revenue of $486 billion while Wal Mart came in at $444 billion.
I am anxiously awaiting to find out what their first quarter profits were. They had to have been huge!!
How Can This Be? --RoadDog
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