SN,
Obviously, you don't know what you are talking about. Profits are based on percentages, not gross amounts...you know like the federal deficit is not based on its gross amount but as percentage of GDP. 9% isn't a whole lot of dough, considering the risk they take with exploration and refining plus they give a few points back to shareholders in dividends. They could put the whole shebang in preferred shares and walk away with close to 8%. But you want to take part of that away just because you don't like them.
Percentages tell what you can do going forward not gross amount.
Thanks for providing us with grade A stage one thinking...see Thomas Sowell for an explanation.
