Exxon's annual profit was $40.6 billion (by the way, this is net income, that is, after-tax income). This exceeded the record $39.5 billion Exxon earned in 2006. Exxon's income, before taxes, in 2006 was 67 billion and they paid almost 28 billion in taxes.
At least someone is making money in this economy. Taxpayers will be happy to know that we gave the oil industry 14.5 billion in subsidies in 2006.