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Gold/Mining/Energy : Exxon Mobil (XOM)

XOM 113.71

-0.4%

Nov 5 3:59 PM EST

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From: Brumar89	3/30/2014 7:28:41 PM
	of 585

.... If you saw a company that hired some of the brightest, most well-educated graduates from top universities, set them up with some of the most sophisticated computers known to Man, and put them to work at a business that generated net profits in the 75% range, wouldn't you assume the firm at which you were looking was a tech firm loaded with valuable intellectual property? This description fits one of Exxon Mobil's three segments to a "T"-the "Upstream" segment responsible for finding and drilling for oil and natural gas. For example, in 2012, Exxon Mobil's ( XOM) upstream segment generated roughly $40 billion in sales and generated a whopping $30 billion in profits after taxes. .......... http://seekingalpha.com/article/2099753-exxon-mobil-high-profit-high-tech-ip-company?isDirectRoadblock=false&source=email_rt_article_readmore&uprof=46

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