FACTBOX-Facts about Exxon's record earnings

Thu Jul 31, 2008 11:17pm BST
 
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(Reuters) - Exxon Mobil pulled in $11.68 billion (5.88 billion pounds) in profits in the second quarter on Thursday, the highest quarterly income ever recorded by a U.S. company.

Here are a few facts about the company's record haul:

** Exxon earned over $128 million a day, or nearly $1,500 a second during the quarter. The company said that was after it paid $4,100 a second in taxes and $14,700 a second in expenses to run the business.

** Exxon's quarterly earnings were slightly larger than the annual gross domestic product of Afghanistan, which was $11.63 billion in 2007, according to the World Bank.

** With Exxon's quarterly profit, one could potentially buy Gap, Ford or Starbucks, which have market capitalizations of $11.67 billion, $10.76 billion and $10.69 billion, respectively, according to Reuters data.

** Exxon's quarterly earnings translate to roughly $38.33

per American

** $11.68 billion could buy roughly 2.95 billion gallons

of gasoline, 179,692 new Cadillac Escalades, or 15.57 billion individual Snickers candy bars.

(Reporting by Michael Erman; Editing by Toni Reinhold/Jeffrey Benkoe)

 

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