Exxon Mobil Corporation was incorporated in the State of New Jersey in 1882. Mr. Rex W. Tillerson is the current CEO, Director and President of ExxonMobil Corporation. He was appointed Chairman of the Board and Chief Executive Officer on January 1, 2006. According to Annual Report Form 10-K, Mr. Tillerson still carries these positions. Exxon Mobil’s nature of business is “energy, involving exploration, form and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of natural oil, fuel, and lubricant products. Exxon Mobil is also a major manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products”. The primary products and services of ExxonMobil are the production and sale of fuels ranging from diesel, gas and Liquefied Petroleum Gas (LPG) for commercial and industrial applications; passenger, commercial, marine, aviation and industrial lubricants, signum oil analysis; base stocks and specialty products. The corporation is also known to have numerous branches and affiliates such as ExxonMobil, Exxon, Esso and Mobil that mainly market products in the United States and other countries. For instance, “ExxonMobil operates in North America, South America, Europe, Middle East, North Africa, Subsaharan Africa, and Asia Pacific. In North and South America, Exxon Mobil operates in Canada, Caribbean/ Guatemala, Mexico, Argentina, Brazil, and Colombia. In Europe, you can see Exxon Mobil in action in Azerbaijan, Belgium and Luxembourg, Central Europe, Finland, France, Italy, Kazakhstan, Norway, Romania, Russia, Netherland, Turkey, Turkmenistan, Ukraine, and United Kingdom/Ireland. It also... ... middle of paper ... ...ries where minority shareholders possesses the right to participate in significant decisions (Exxon Mobil 2013 10-K, 71)”. Furthermore, the accounting policies of Exxon Mobil indicate that there may be probable factors why “majority-owned investment is not controlled and henceforth must follow the accounting method. As for the corporation’s share of the ‘cumulative foreign exchange translation adjustment for equity method investments is reported in Accumulated Other Comprehensive Income’ (67). In order to comprehend the different aspects, trends, and the recommendations for Exxon Mobil Corporation’s annual report. The scope of this paper will examine and analyze the financial ratios by obtaining the three previous years of financial statements beginning with the most current year, 2013 and subsequently evaluating for the year end of 2012, 2011 and 2010.
TransCanada Corporation was founded in 1951 in Alberta, Canada and is currently one of the largest gas storage providers in North America. It has a storage capacity of 400 billion cubic feet and ownership or control over 51,860 miles of oil and gas transportation pipelines. The TransCanada Corporation’s primary focus of business is in natural gas and power generation, and currently employs approximately 4,800 individuals. TransCanada is affiliated with fourteen separate pipelines with the Keystone Pipeline being the most publicly known and controversial. TransCanada has ownership, partnership, or partial control over eighteen power plants in Canada and the United States of America as well.
When John D. Rockefeller merged with the railroad companies, he had gained control of a strategic transportation route that no other companies would be able to use. Rockefeller would then be able to force the hand on the railroads and was granted a rebate on his shipments of oil. This was a kind of secret agreement between the two industries. None of the competition knew what the rates were for the rebates or the rates that Rockefeller was paying the railroad. This made it hard for the competition to keep up with the Standard Oil Company. The consequences led to many oil companies getting bought out by Rockefeller secretly. All in all, 25 co...
Exxon Mobil Corporation- Exxon Mobile (NYSE: XOM) didn’t have a good start to the year, but the fourth-quarter results helped the company’s share to rise nearly 7% despite a disappointing financial performance. Its shares are now up approximately 3% year-to-date. The company for the quarter reported earnings of $0.67 per share, a slump of 57% as compared to earnings of $1.56 per share in the fourth-quarter of 2014. This decline in earnings is driven by weakness in the commodity market that has impacted its upstream business significantly.
Exxon Mobil is world’s largest publicly traded integrated oil company serving companies in more than 200 countries worldwide. Standard and Poor’s stock report for Exxon Mobil indicates that Exxon’s global functional organization and substantial diversification helps mitigate its exposure to business risk and margin volatility.
The financial perspective for Exxon, it decreased revenue due to dropped price of barrel, oil. However, it has future development plan, and the outlook for exploration plain in Russia is favorable. The company applied new technologies that efficient drilling and extracting technologies to provide cheap and reliable oil and natural gas. Because of indiscriminate exploration, the company took a claim about pollution that occurs while drilling and processing to provide oil and gas. Exxon is also invested for human resources that creating environment that its employees have the opportunity to learn based on
Exxon Mobile employs roughly 83,600 employees worldwide. The company produces approximately 3 percent of the world’s oil and about 2% of energy. Exxon Mobil had 72 billion barrels of oil equivalent reserves that are expected to last more than 14 years, the company also had 37 oil refineries in 21 countries, which collectively have a refining capacity of 3.92 million barrels per day, and this makes the corporation the largest oil manufacturer in the world.
Both the CEO of Exxon, Lee Raymond, and the CEO of Mobil, Lucio Noto, announced that it is because of this reduction in prices and downsizing within the oil industry that the merger is taking place, the very nature of the oil industry was becoming increasingly competitive. The oil industry as whole was becoming more efficient, causing oil prices to fallr. Firms can only maintain their prices equal to or above marginal cost, and if prices are lower than marginal...
This report is to analyze the financial health of Chevron based upon several different measures including revenue, profit analysis, capital efficiency analysis, liquidity, financial leverage, market-based ratios, and finally the DuPont Analysis. Though a general observation can be made based on numbers/percentages alone, it is important to do a comparison with other companies in the oil and gas industry to get a better understanding of how we rank. In this report, I will use Exxon Mobil, Occidental Petroleum, and Conoco Philips as the peer group.
Exxon Mobil Corporation Financial Statements and Supplemental Information. (31 Dec, 2010). Retrieved on 17 Nov, 2011 from
The oil and gas industry in general is dominated by a few large firms, therefore it is set to operate in an oligopoly market. Due to acquisitions in the industry, the four largest oil companies in the United States control the market power. ExxonMobil, Chevron, ConocoPhillips and Marathon Oil dominate the oil industry in the United States. These four U.S.-based companies are actively and highly involved in a variety of venues to shape the oil supply chain in this country. They are focusing on investing in research and development, exploration and production as well as transportation, refining, and retail marketing, both in the United States and worldwide.
Gap Inc. is a global organization, which provides consumers with retail items such as clothing and accessories. According to the 2016 Fortune 500 list, Gap Inc. is ranked #177. They are also ranked #40 on the annual Fortune Change The World list. The company is comprised of a series of brands (Old Navy, Athleta, Banana Republic, Intermix, Gap), which allows them to appeal to a wide range of consumers. Each brand has a specific style, culture and economic level that they are looking to target. When the brands are seen altogether, the organization is able to show its diversity. Gap Inc. shares many similarities with numerous organizations which obtain large individual market shares.
Chevron Corp. (NYSE:CVX) is the second largest energy corporation in the U.S, just falling behind Exxon Mobil and considered as one of the six Super or Big Oil companies in the world. It operates in over 180 countries, having established and using a strong network of retail gas stations which include big brands such as Chevron Corp. itself, Texaco and Caltex. Chevron business integration is a vertical one, with its operations diversifying from producing oil to mining as well manufacturing petrochemical products.
The SWOT analysis: The study of the firm's Strengths, Weaknesses, Opportunities and Threats called SWOT analysis, a key step in flushing out known performance issues that are important to the growth of the organization addressed in the corporation strategic plan. The issues identified in the SWOT analysis help leadership to come up with a plan and strategy to achieve the overall mission of the company (Strategic Planning, n, d). Target Corporation is one of the largest public retailing company in the US having more than 1700 stores serving guests nationwide. Target group and its brand position are evaluated in the market using SWOT analysis.--
Shell, also known as Royal Dutch Shell, is a company trading and supplying oil, petrol since 1907. Shell is now one of the largest oil company in the world operating in more than 70 countries and has over 93,000 employees on average. As one of the leading oil companies in the world, they produce an approximate of 3.0 million barrels of oil everyday in 2015. Currently, Shell earns a revenue of $265 billion in 2015 alone, making them one of the largest oil companies in the world. A problem that Shell will face will be about their sustainability.
The SWOT analysis is a useful tool for identifying our personal strengths, weaknesses, opportunities, and threats to our plans and goals. According to a “Fuel My Motivation” article (2010), this analysis considers internal influences that can positively or negatively affect our ability to achieve our goals. The internal factors are our strengths and weaknesses. Also considered are opportunities and threats, which are external influences that can have a positive or negative impact on the ability to achieve our goals. I will share how the self-assessment instruments and self-exercises in this course have contributed to assessing and understanding my strengths and weaknesses. I will also discuss techniques I will use to leverage my strengths and understand my weaknesses. In addition, I will consider opportunities that I can take advantage of and the threats that can possibly impede my progress.