Tuesday, January 31, 2012

ExxonMobil Made $41.1 Billion In 2011, But Pays Estimated 17.6 Percent Tax Rate

ExxonMobil Made $41.1 Billion In 2011, But Pays Estimated 17.6 Percent Tax Rate: pExxonMobil had the largest profits of the Big Five oil companies in 2011, raking in $41.1 billion for the year. This 35 percent jump from last year is driven in large part by record-high oil prices. Today, the oil giant announced its fourth quarter profits of $9.4 billion, a 2 percent increase since 2010. Here [...]/p