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The titan that is the world's largest publicly traded oil corporation on revenue, spoke from high atop an oil well this morning, delivering their quarterly earnings for the third quarter of 2006. And oh what a profit ExxonMobil had — the company reported the second largest profit by a publicly-traded corporation ever — $10.5 billion ($1.77 per share). That's down from the last quarter of 2005, when the company reported the largest profit by a publicly-traded corporation ever — $10.7 billion ($1.79 per share). Well, gas prices were down a bit this past month, weren't they? [Hat tip to Bob!]

Exxon makes $10.5B, a near-record quarter [CNNMoney.com]

Related:
End of Summer Drops Gas Prices [internal]