Exxon's Profits Breakdown

[SHRED]

Did I do my math correct?
Wow!
Why can't the news break it down like this?
I think it would have much more impact than getting people's minds boggled with billion dollar figures.
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$36 billion last year

$98,630,137........per day
$4,109,589.........per hour
$68,493.............per min
$1,131..............per second
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[Dont_Bogart_the_Pretzel]

1. That's interesting

Now figure it out in gallons.

[pnorman]

4. Gallons of blood?

n/t

pnorman

[BlueEyedSon]

2. And they are still fighting the Valdez settlement, right?

[texanshatingbush]

3. Another way to break it down

Exxon has a $393 billion market cap, meaning the $10.32 billion "earnings excluding special items" represented a 2.6 percent quarterly return on investors' moneys. That's good, but hardly deserving of the government taking a larger than normal portion.

The $10.32 billion in fourth-quarter earnings indicates a 10.4 percent return on sales, which only ranks Exxon in the middle of the heap among large corporate enterprises such as Coke at 23 percent, 3M at 15 percent, Colgate at 12 percent, the Banking and Pharmaceutical industries averaging over 18% profit.

Folks need to understand, it's a matter of scale. Exxon profits are large simply because Exxon is a large company. Their profit margin for dollar invested is very average, mostly being generated in overseas operations.

[leveymg]

5. Interesting. Energy sector far outperformed other stocks

Do your figures include dividends, and what is the source? Do you work for the energy industry?

Energy sector earnings far outstrip all other sectors, including "natural monopoly" sectors, such as non-energy utilities and commodities. See summary in the Fidelity 2005 Prospectus: http://content.members.fidelity.com/epro/SHU/316128800/?format=HTML&app=RETAIL&part=CONTENT

Urged on by record-high oil prices and a corresponding run-up in energy stock prices, natural resources had the highest return of any major market sector during the past six months, with the Goldman Sachs Natural Resources Index jumping 22.88%. Both large integrated energy companies and exploration and production firms benefited from higher prices for natural gas and oil, which reached a record high of $60 per barrel by period end. Energy services stocks also fared well. Meanwhile, many non-energy stocks did poorly for much of the year. After seeing big increases in the recent past, many commodity materials stocks slipped on fears that China's demand might slow and as higher energy costs and a strengthening U.S. dollar ate into the profits of various metal producers.

Although the technology sector continued to struggle, it regained some of its strength during the past six months and finished in positive territory, as the Goldman Sachs Technology Index gained 5.92%. The Internet portals/content group contributed great impetus to the sector's rebound, boosted by increased advertising revenues from companies such as Google. The semiconductors group also started to come back, rallying sharply in late spring as global chip demand began to improve. Wireline equipment stocks - a sizable percentage of the Goldman Sachs Technology Index - continued to suffer, though, as the use of wireless services remained tremendously strong.

Utilities outperformed the broader market during the past six months by more than twofold, rising 12.15%, as measured by the Goldman Sachs Utilities Index. Wireless telecommunication services did especially well in an environment of strong subscriber growth, new product offerings, reduced competition and attractive valuations. So, too, did electric utilities, the benchmark's largest industry weighting, which benefited from their ability to pass along higher fuel prices to their customers, as well as their reputation as a calm haven in volatile markets. But integrated telecom services - the sector's second-largest industry weighting - was dragged down by weak pricing and competitive pressures from wireless and cable operators, which further deteriorated their local wireline phone businesses.


2) This is also illustrated by a Forbes breakdown of earnings for a top-performing European-based utilities fund, below:www.forbes.com/funds/Tearsheet.jhtml?tkr=EUROX

US Global Accolade Funds: Eastern European Fund (EUROX)

Category: Emerging Markets
Inception Date 3/31/1997
Family: US GLOBAL INVESTORS FUNDS


3m 6m 1y 2y 5y max
Chart data by CSI

Fund Analysis
The Fund seeks long-term growth of capital by investing primarily in companies located in the emerging markets of Eastern Europe.


Performance

YTD % 6.9 YTD percent rank* 1

3 MO % 14.0 3 MO percent rank* 73

1 YR % 54.7 1 YR percent rank* 4

3 YR % 53.7 3 YR percent rank* 1

5 YR % 42.6 5 YR percent rank* 2

10 YR % 10 YR percent rank*

3, 5 and 10 year returns are annualized. * Percent rank in category
Updated 1-05-2006. 10-Year data last updated 12-14-2005.



Calendar Year Returns

2005 2004 2003 2002

FUND 39.4 52.4 61.4 34.6

+/- Category 11.6 30.1 12.2 38.4

+/- S&P 500 31.7 41.4 37.0 56.6


Asset Allocation
Net Assets ($mil) 1,031.1
Data through 9-30-2004


Sector Weightings
Sector % TNA in Sector

Finance 22.91

Communications 22.63

Energy Minerals 20.09

Utilities 8.17

Non-Energy Minerals 3.13

Technology Services 2.62

Industrial Services 1.87

Consumer Services 1.75

Distribution Service 1.57

Consumer Non-Durable 1.52


Data through 9-30-2004