Lee Raymond
Lee Raymond
Lee R. Raymondis an American businessman, and the chief executive officerand chairman of ExxonMobil from 1999 to 2005. He had previously been the CEO of Exxon since 1993. He joined the company in 1963 and has been president since 1987, and a director since 1984...
company employees facts incentive oil prices program
When the company does well, the shareholders and employees should do well, and when the company does poorly, then the shareholders and employees should do poorly. The facts are that when prices of oil collapsed, the incentive program went down, substantially.
annual capital cumulative earnings exceeded future high investing last
Over the last 10 years, Exxon Mobil's cumulative capital and exploration expenditures have exceeded our cumulative annual earnings. So, we keep investing in the future when earnings are high as well as when they are low.
carefully ought
I would think that that's something that we ought to look at very, very carefully and see if there can be a constructive role.
excited positive prospects
While we were excited about the prospects for Exxon Mobil in 1998, we are even more positive today,
british japanese offers received
Our movie also received offers from French, British and Japanese distribution companies.
affects energy terms zero
That energy legislation is zero in terms of how it affects Exxon Mobil.
behind
Let me give you my take on the merger, ... It is essentially behind us.
chemical higher improved increased petroleum product results sales
This year's second-quarter results benefited from higher liquids production, increased petroleum product and chemical sales volumes, and improved downstream margins.
dirty enormous money number profit question reason sell
The question of how much money we should make -- profit is not a dirty word, ... The reason we make the money we make is, number one, we sell in enormous volume.
cell help hotel phone
We need help for our cell phone and hotel bills.
increase kept low minimize price quickly run service time
to minimize the increase in price while at the same time recognizing if we kept the price too low we would quickly run out (of fuel) at the service stations.
add affects energy zero
When you add it all up, that energy legislation is zero on how it affects Exxon Mobil.
add affects energy terms zero
When you add it all up, that energy legislation is zero in terms of how it affects Exxon Mobil.
contrast decline earnings improvement income increased net oil percent quarter second
With the improvement in oil prices, second quarter net income increased 18 percent from the first quarter of 1999, in contrast to the seasonal earnings decline that we usually see from the first to the second quarter of each year,