Exxon Mobile Corp Chalks Up Record Net Income in 2007

(NewsVisual, powered by IntellectSpace) -- At a time when American consumers face high gasoline prices at the pump, Exxon Mobil Corp (NYSE: XOM) announced on Friday morning that it garnered strong results in all of its business segments and that for the full-year 2007 net income and earnings, excluding special items, were a record $40,610 million or $7.28 per share, the company reported in a press release.

“We continued to supply crude oil and natural gas volumes to meet the world’s energy needs through disciplined development and operation of our globally diverse resource base,” said CEO/Chairman Rex W Tillerson in the statement.

He added the following comment to underscore the benefits to investors:

“The Corporation distributed a total of $35.6 billion to shareholders in 2007 through dividends and share purchases to reduce shares outstanding, up $3.0 billion from 2006.”

The markets, however, responded negatively, sending the company’s share price down from the previous close of $86.40 to $86.07 in late-morning trading (11:05am ET).

NewsVisual created an IntellectSpace Knowledge Map that illustrates the business connections among Exxon Mobil’s Board for Directors.

The Knowledge Map shows that nearly all of the company’s Directors currently hold some type of Executive or Board position with additional corporate entities.  The degree of experience is shown to be extremely diverse, with such individuals as Director Michael J Boskin who also serves as a Director for Oracle, Vodafone and Shinsei Bank.

In addition, Exxon Mobil Director William W George is also a Director at Goldman Sachs and Novartis; and Exxon Mobil Director William R Howell is also a Director at multiple companies that include Halliburton, Pfizer and the Williams Companies.

(Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America).

Click here or copy this link into your Internet Explorer browser for an interactive version of this IntellectSpace Knowledge Map: http://nv.intellectspace.com/ispace/GuestMonitor.aspx?id=a89bf923-e796-4288-8792-63dd7238b884