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Old 07-31-08, 10:11 AM   #1
SUBMAN1
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Quote:
Originally Posted by AVGWarhawk
Quote:
Originally Posted by TDK1044
The article doesn't attempt to differentiate between profit and profit margin. To do so would produce a much less explosive article, because once people understand the difference between them, they can then see how much money is actually being made on every Dollar of sales.
Absolutely correct.
Yep. If you analyze Exxons profit margin, its about 12%. Much lower than many other companies.

-S
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Old 07-31-08, 02:16 PM   #2
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Quote:
Originally Posted by SUBMAN1
Quote:
Originally Posted by AVGWarhawk
Quote:
Originally Posted by TDK1044
The article doesn't attempt to differentiate between profit and profit margin. To do so would produce a much less explosive article, because once people understand the difference between them, they can then see how much money is actually being made on every Dollar of sales.
Absolutely correct.
Yep. If you analyze Exxons profit margin, its about 12%. Much lower than many other companies.

-S
As they say, " Don't believe the hype!"
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Old 07-31-08, 02:36 PM   #3
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Yep the responses here are about what I expected.

Profit Margin.. Ok.. LoL

I'll just say I would not want to purchase stock from them right about now. They will not get ANWR or extra Drilling rights and their investments in Alt Energy research are pathetic.

Therefore regardless of ones flag waving political slant. These companies are dinos. They have chosen not to adapt and people arent buying the bull. That is what I call a looming business failure.
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Old 07-31-08, 02:38 PM   #4
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Quote:
Originally Posted by SUBMAN1
Quote:
Originally Posted by AVGWarhawk
Quote:
Originally Posted by TDK1044
The article doesn't attempt to differentiate between profit and profit margin. To do so would produce a much less explosive article, because once people understand the difference between them, they can then see how much money is actually being made on every Dollar of sales.
Absolutely correct.
Yep. If you analyze Exxons profit margin, its about 12%. Much lower than many other companies.

-S
Right on Subman! I heard it was even lower than that. Who gets the rest of the money. Those are the real crooks here, but no one ever asks that one do they
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Old 07-31-08, 03:36 PM   #5
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Yep. One thing I find funny is America and it backwardness.

You are taught from day one to work hard and provide a great service.

You work hard and provide a great service and in the process you get rich

Now you are evil because you worked hard and did a great service and got rich for doing what they taught you to do!

Am I the only one that finds this ironic?

-S
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Old 07-31-08, 03:50 PM   #6
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Quote:
Yep. If you analyze Exxons profit margin, its about 12%. Much lower than many other companies.
...and this number comes from where?
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Old 07-31-08, 03:51 PM   #7
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Quote:
Originally Posted by Enigma
Quote:
Yep. If you analyze Exxons profit margin, its about 12%. Much lower than many other companies.
...and this number comes from where?
Its a public company - hello? Look it up. The link is in the GT forum even.

-S

PS. Its even lower this year - 7.6% - Wow! - http://www.usnews.com/articles/busin...-windfall.html
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Old 07-31-08, 04:31 PM   #8
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Quote:
Its a public company - hello? Look it up. The link is in the GT forum even.
Well, yeah. My point was that it's certianly lower than 12%. So, you know, it's kinda been proven recently that your credibility is pretty low, since you post B.S as fact, and given that you managed to go find yourself a number even lower than the initial 12% you posted, proves that perhaps you should take your own advice. As in:

Quote:
Its a public company - hello? Look it up.


But, what do you need me for. You manage to make that point all by your lonesome.
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Old 07-31-08, 04:35 PM   #9
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Quote:
Originally Posted by Enigma
Quote:
Its a public company - hello? Look it up. The link is in the GT forum even.
Well, yeah. My point was that it's certianly lower than 12%. So, you know, it's kinda been proven recently that your credibility is pretty low, since you post B.S as fact, and given that you managed to go find yourself a number even lower than the initial 12% you posted, proves that perhaps you should take your own advice. As in:

Quote:
Its a public company - hello? Look it up.


But, what do you need me for. You manage to make that point all by your lonesome.
Hahahaha! You are funny! I'd care to say your credibility is the one in question. All my numbers turn out to more or less true. You have yet to provide anything at all - in almost any post! What was that about credibility? Don't make me laugh when I'm trying to drink something.

And if my credibility is so low - prove it! :p

-S
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Old 07-31-08, 04:35 PM   #10
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Subman got Own3d

Then again those who defend oil companies in the face of such damning news do that to themselves anyway.
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