The Car and Truck Fleet and Leasing Management Magazine

Exxon Mobil, Shell Report Record Annual Profits

February 04, 2007

HOUSTON --- The two largest publicly traded oil companies --- Exxon Mobil and Royal Dutch Shell --- last week reported record annual profits in 2006. They made $180 million a day between them. Exxon reported annual profit of $39.5 billion, or $6.62 a share, for 2006. This represents the company's second straight annual record -- once again, the largest profit reported by any American company in history. Shell's income in 2006 was $25.44 billion, up from $25.3 billion the previous year. Even in unstable places like Chad and Nigeria, the oil giants showed their ability to ramp up production worldwide, according to a report last week in the New York Times. Though smaller oil companies struggled in the fourth quarter, Exxon Mobil and Royal Dutch Shell successfully navigated the year's volatile energy prices.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

Propane is produced from both natural gas processing and crude oil refining, in roughly equal amounts from each source. In the fleet industry, it can be used as a vehicle fuel.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher