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Enough Already...I Surrender

This is a discussion on Enough Already...I Surrender within the Open Talk forums, part of the General Information category; Originally Posted by TxLerman We obviously either have a failure to communicate or you need a lesson in corporate finance. ...

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05-21-2007, 04:52 PM


Quote:
Originally Posted by TxLerman
We obviously either have a failure to communicate or you need a lesson in corporate finance. First, I used no language asking you to take my word for anything. Second, I told you to refer to the Annual Report for each respective company for its last fiscal year. You can find the annual report for each company under the investor relations area of each company's website. The annual report is a required document for every publicly held company to file. This requirement comes from the Security and Exchange Commission ("SEC"). If you want to verify my table of numbers, merely compare the annual revenue (sometimes called "Sales") for each company with the Net Income. The Net Income I used is after taxes.

Short of downloading and emailing you every report, I have no clue as to what other information you need. All you need to do is look at each company's annual report, as I have said several times already.
Quote:
Originally Posted by DEMDeepEllumMusic
You can do an EDGAR data base search on any corporations 10K or 10Q anual/quarterly reports on any NYSE/NASDAQ and even some pink sheet stocks and find all that information and read all the reports yourself.
http://www.sec.gov/edgar.shtml
Here is Exxon's annual report for 2006
http://www.sec.gov/Archives/edgar/da...2435-index.htm
This is exactly what I meant. Thank you DEM.

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05-21-2007, 05:00 PM


Quote:
Originally Posted by backhousemedia
This is exactly what I meant. Thank you DEM.
WEll I do have an MBA in Finance.

BTW the #'s for Exxon:
Total Sales : 2002/2006 200,949 million/ 365,467
Net Profits: 11,460 / 39,500
% 5.703% / 10.808%
Earnings per share $1.69 / $6.68

BTW the Shareholders meeting for Exxon-Mobil is a week from tommorrow at the Meyerson Symphony Hall in downtown dallas, always a great scene to shoot protestors at and it starts around 9 am.

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05-21-2007, 05:11 PM


Quote:
Originally Posted by DEMDeepEllumMusic
WEll I do have an MBA in Finance.

BTW the Shareholders meeting for Exxon-Mobil is a week from tommorrow at the Meyerson Symphony Hall in downtown dallas, always a great scene to shoot protestors at and it starts around 9 am.

I am happy they are making money. I have stock! You would not believe what my retirement accounts have done this past year!

with a $5 per share increase in earnings I hope we continue to use the internal combustion engine

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05-21-2007, 05:27 PM


Gasoline won't go down until demand goes down. The last time controls were tried, there was a 10 gal. limit with lines around the block, but you could go out of town into the boonies and get all the gas you wanted. Also, I am trying to figure out where there is an oil-fired power plant in Texas. We have several coal-fired ones and some natural gas ones but no oil-fired ones, as far as I know. Also this dirty little secret for the tree-huggers who put their trash in different colored sacks (biodegradable of course), the cost per KWH on a wind turbine is about 3 times higher than when generated by coal. So much for logic. If recycling is so wonderful and economical, why does recycled paper cost more than new paper that they have to make from a whole tree?

PT Barnum was right.
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05-21-2007, 06:40 PM


I believe that any natural gas powered plant can use oil and actually I saw a plant out west of Abilene/Sweetwater that had large oil type storage tanks next to the power plant-actually took some pics of the plant and the tanks (close to a dozen and they looked like the tanks you see at a gasoline distribution hub or like the ones I saw later at Murphy Oil outside of New Orleans), first time I've ever noticed tanks like that next to a gas power plant.

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