Exxon Announces Est 1st Quarter (incr. 7% --or 14% w/o special item)

[Robbien]

quietly an hour ago Exxon released its earnings

Exxon Mobil Corporation (NYSE:XOM) today reported first quarter 2006 results. Net income of $8,400 million ($1.37 per share), increased $540 million from the first quarter of 2005. First quarter 2005 net income included a positive special item of $460 million from the sale of ExxonMobil's interest in Sinopec. Excluding this impact, first quarter 2006 earnings increased by $1,000 million.

ExxonMobil's Chairman Rex W. Tillerson Commented:

"ExxonMobil's first quarter earnings excluding special items, were $8,400 million, up 14% from first quarter 2005. Higher crude oil and natural gas realizations and improved marketing margins were partly offset by lower chemical margins. Net income for the first quarter was up 7% from 2005.

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20060427005574&newsLang=en

[jsamuel]

1. wow

[mike_c]

2. um-- is someone having trouble writing the words "$8.4 billion...?"

I mean, does "$8,400 million" sound less obscene or something?