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April 28, 2005

Size matters, Thur., April 28, 2005, 8:41 AM

Just in case you don't think size matters, the net earnings after tax for the first quarter of 2005, for ExxonMobil (NYSE: XOM) is bigger, at US$7.86 billion, than the market capitalization of all but 812 corporations in the world. In other words, it would only take a single decision in Irving Texas to buy almost any corporation, or country, it wanted. And another Texan would broker the deal.

Posted by Posted by Bill Cara on April 28, 2005 08:42:05 AM | Category: 10 Energy , Cara Today in the Market