Exxon Mobil stock had a strong year, of course. Now comes time for it to share its prpfits with the community. The company will be giving nearly $400,000 to the University of Houston. The company’s educational matching gift program combines the generosity of the company and its employees to donate around $36 million to 900 different colleges and universities each year.
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community, exxon mobil, profits, university of houston
Exxon Mobil profit can be a controversial issue. Oil prices are like a lightning rod that Exxon stock must inherently grab onto. Here is some Exxon Mobil profits history.
Exxon Mobil Net Income (annual)
$36.13 billion (2005)
$39.50 billion (2006)
$40.61 billion (2007)
$45.22 billion (2008)
That’s $161.46 billion in the last four years.
The company paid out $117 billion in corporate taxes. That, of course, does not count the taxes paid by investors on corporate dividends and stock sale profits.
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exxon mobil, history, oil prices, profits, stock
