Hope and Joy

Tbird19482 said:
YEP it is ALL Biden's and Her fault.
lets not say a word about oil companies RECORD profits, air lines record profits Car insurance companies record profits. NO can't say one word about them.
and NO I am NOT against companies making a profit, a REASONABLE profit, but when they are gouging the American people and helping to cause inflation it should be looked into.
I posted a link the other day where it showed Exxon made a RECORD profit of 99.7 Billion on the sale of 14 billion gallons of gas an increase in profits of 141% over last year.
Click to expand...

Exxon's profit margin was 9.87% over the last 15 years.

Exxon Profit Margin 2010-2024 | XOM

Current and historical gross margin, operating margin and net profit margin for Exxon (XOM) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Exxon net profit margin as of June 30, 2024 is...
www.macrotrends.net www.macrotrends.net
Tbird19482 said:
now they could drop the price of gas one dollar a gallon and that would drop their profit to 85.7 Billion still a nice record profit.
I think Congress should be looking into cases like this when we are suffering from high inflation.
Higher fuel prices drive up prices on most things and obscene profits like those Exxon is earning is helping drive up those costs and hurting the people of the USA.
and when a company like EXXON that make a product that effects the price of almost everything else we buy is being greedy and gouging people making those record profits Congress has to look into it.
have a nice day
Click to expand...

The corporations with the highest profit margins are usually ones that heavily support the un-Democratic Party and The Cackler from the finance and investment (read "Bankers and hedge fund managers there).

The top ones, like VICI properties, have profit margins at 68.76%. VISA makes a healthy 52.61%--and remember they charge 25 to 30% interest on credit cards.

By comparison, Chevron holds 119th place at 11.49% and Exxon a paltry 123rd place at 11.35%


So, your whining about energy companies is simply full of shit. They aren't price gouging, VISA and Mastercard are! Why not bitch at them? Interestingly, it's Republicans, not Democrats wanting to reign them in the most, notably a certain senator named... J D Vance.
 
T. A. Gardner said:
Exxon's profit margin was 9.87% over the last 15 years.

Exxon Profit Margin 2010-2024 | XOM

Current and historical gross margin, operating margin and net profit margin for Exxon (XOM) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Exxon net profit margin as of June 30, 2024 is...
www.macrotrends.net www.macrotrends.net


The corporations with the highest profit margins are usually ones that heavily support the un-Democratic Party and The Cackler from the finance and investment (read "Bankers and hedge fund managers there).

The top ones, like VICI properties, have profit margins at 68.76%. VISA makes a healthy 52.61%--and remember they charge 25 to 30% interest on credit cards.

By comparison, Chevron holds 119th place at 11.49% and Exxon a paltry 123rd place at 11.35%


So, your whining about energy companies is simply full of shit. They aren't price gouging, VISA and Mastercard are! Why not bitch at them? Interestingly, it's Republicans, not Democrats wanting to reign them in the most, notably a certain senator named... J D Vance.
Click to expand...
More like almost 19%
 
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