Description: Exxon Mobil Corp. said Thursday that its first-quarter profit climbed 69% to almost $11 billon, beating Wall Street estimates, as $100-a-barrel crude prices boosted the oil company’s bottom line to levels not seen since 2008.

Source: Marketwatch.com

Date: 04/28/2011

Link:  http://www.marketwatch.com/story/exxon-mobil-profit-nears-11-billion-2011-04-28

Questions for discussion:

• What do you think Exxon’s next quarter will look like?
• How do you think its stock market value will respond to minor changes in oil prices?