Quote:
Originally Posted by scaeagles
7.6% is not a big profit margin.
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There must be something here I'm missing. They make more money than any company ever in the history of man. The price for the product has double in a very short period. Is their profit margin the same as it was? If so, why are they making so much right now? The amount of gas/oil purchased does go up each year even in the face of alternative technology, but I'm assuming it didn't skyrocket. Shouldn't their earnings be steady, not shooting up? (They are quite larger than 5 years ago, correct?)
I would do research but I'm on a quickie break and don't have time now.