Oil Majors: Earnings Per Second

Most investors have heard the news by now that Exxon Mobil (XOM) generated the highest net earnings last year for any American company, earning $39.5 billion.

Articles on Yahoo Finance reported the earnings per hour of $4.5 million. On the radio, it was reported that they made $75,000 per minute. Stockerblog is reporting that it works out to approximately $1250 per second. ConocoPhillips (COP) only earned a paltry $490 per second last year. Royal Dutch Shell plc (RDS-B) was a measly $167 per second.