Friday, February 01, 2008

Oil companies are having a ride

Exxon, Chevron earnings soar on record oil prices | Reuters
Exxon's net income in the quarter rose nearly 14 percent to $11.66 billion, or $2.13 a share, from $10.25 billion, or $1.76 a share, in 2006. Analysts, on average, were expecting earnings of $1.98 per share.