Exxon Mobil Corp. (XOM) does it again, sets a new record

Exxon made more than $40 billion dollars in 2007, which is a new record for US profits. They beat their own record set in 2006.

Revenue in the quarter rose 30 percent to $116.64 billion. For the year, the company pulled in $404.55 billion, slightly larger than the 2006 gross domestic product of Turkey, the world’s 17th largest economy.

Here is an all-time chart of XOM:
XOM