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38 comments on Speaking of bumpy plateaus

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GJ on February 15, 2006 - 10:06pm Permalink | Subthread | Comments top
From Morningstar, here's  the revenue stream for Exxon since 1994:

The year 2005 (not shown) saw revenue of $340,000,000,000, a significant jump over 2005.

Exxon doesn't need to increase production to grow it's revenues.  I would think the company is simply managing it's reserves, much like an insurance company, in order to smooth the growth path.

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GJ on February 15, 2006 - 10:33pm Permalink | Subthread | Parent | Comments top
Correction:

"The year 2005 (not shown) saw revenue of $340,000,000,000, a significant jump over 2004".

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Consume More on February 15, 2006 - 11:48pm Permalink | Subthread | Parent | Comments top
That's a damn lotta zeros.
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38 comments on Speaking of bumpy plateaus

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