Exxon Mobil is by far the most profitable company in the new Fortune 500 list, riding “high oil prices to a staggering $30 billion in income” in 2010. Exxon made over $10 billion more than fellow oil giant Chevron, the third most profitable company (AT&T edged out Chevron for the number two spot). ConocoPhillips’ $11.4 billion in profits put it in the 16th spot, giving the three oil giants a combined $60.9 billion in profits in 2010.
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[ALSO SEE ...ExxonMobil Corp. is one of the world’s biggest energy companies, involved in virtually every segment of the energy sector from coal mining and electricity to the production, exploration and marketing of oil and gas. The company long has enjoyed a close relationship with Congress http://www.opensecrets.org/orgs/summary.php?id=D000000129
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Corporate Watch : Exxon Mobil : Corporate Crimes http://www.corporatewatch.org.uk/?lid=295
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