[Vision2020] RE: Petroleum Intelligence Weekly: Pemex Below Exxon & Chevr...

[Phil Nisbet]

Ted

Exxon's earnings are readily availible, as are those of all publically 
traded companies.  For simple short hand on their existing earnings you can 
get the forms from Yahoo Finance, but if you want the 10Ks or 10Q's, you can 
get them off the net as well using the SEC's system called Edgar.

http://finance.yahoo.com/q/ks?s=XOM

Most recent 10 Q for XOM

http://biz.yahoo.com/e/050804/xom10-q.html

As for the Saudis, you can get the production figures in the materials you 
yourself have posted.

You might also find this interesting;

http://www.sepp.org/NewSEPP/SaudiOilNotStrategic.htm

Note that Singer has pegged 2002 lifting costs for Saudi Oil at $5 a barrel. 
  Beyond that they have only storage and pipeline costs to embarkation on 
tankers.  The higher oil price does not effect the cost for the Saudis to 
put a barrel of oil on ship for European or US destinations.

So the Saudis produce over 10 million barrels of oil a day that cost them 
far less than $10 a barrel and they get $60 a barrel in gross reenues.

http://www.digitalpowergroup.com/downloads/oil_everywhere.htm

You will also note that the cost of production including lifting in Alberta 
is now at $15 as of January this year.

So the Saudis produce close to 4 billion barrels of oil a year on which they 
pull a net profit now of $50 a barrel.

On the other hand, XOM only pulls in 29 billion in net profits.  That 
includes down stream opertions Ted.

Phil


>From: Tbertruss at aol.com
>To: pcnisbet1 at hotmail.com
>CC: vision2020 at moscow.com
>Subject: Re: [Vision2020] RE: Petroleum Intelligence Weekly: Pemex Below 
>Exxon & Chevr...
>Date: Fri, 26 Aug 2005 14:48:31 EDT
>
>
>Phil et. al.
>
>I looked through your post, that was your reply to my first post with the
>above subject heading, and could not find any data sources to support your
>claims.
>
>Can you provide the sources, please?  If I missed them, sorry, but I read
>carefully.
>
>Then I will reply.
>
>Ted Moffett

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