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Exxon Breaks Own Profit Record With $45B Haul

The oil behemoth shattered the annual profit record despite slow fourth quarter

By the Associated Press

Posted Jan 30, 2009 8:13 AM CST

(AP) – Buoyed by last year's spike in crude prices, Exxon Mobil Corp. today reported a profit of $45.2 billion for 2008, breaking its own record for a US company, even as its fourth-quarter earnings fell 33% from a year ago. The previous record for annual... Read full story »

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Exxon Breaks Own Profit Record With $45B Haul

The oil behemoth shattered the annual profit record despite slow fourth quarter

United States • earnings reports • corporate earnings • Exxon Mobil • oil prices • oil demand

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More Newser Stories

Halliburton Earnings Shoot Up 54%

Oil giant credits strong demand

Exxon Scores $11B in Profits

It's oil giant's best quarter since 2008

Exxon Mobil Profits Plunge 58% on Low Oil Prices

Low year-over-year pump prices, oil demand drive revenue down

Southwest Loses $120M on Bad Oil Bet

Otherwise, quarter beat expectations

Big Oil Takes Big Hit in Stocks' Dive

Demand slows, but company coffers plenty full ... for now

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