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Student Names: Anh, Chintan and Iris
Case Studey Methods
Jesse Barkin
Fall 2013
Company Analysis Write-Up: Exxon Mobil
Summary Bullets
Exxon Mobil is one of the most financially healthy companies in the world and ranks second on the list of Fortune 500 companies. According to One-Stop Report (2013), the net sales of Exxon Mobil was estimated a half trillion dollars, and the company had net assets along the lines of $334 billion and the net income on December, 2012 reached at $45 billion.
Exxon Mobil has different kinds of business that impact strongly to energy industry. In One-Stop Reports (2013), Exxon Mobil produced mainly an integrated oil and gas that hold a big pie of market share in the U.S. In addition, they enrolled in providing industrial chemicals. Exxon Mobil manufactured petrochemicals including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. In fact, Exxon Mobil operated in over 100 fields and was interested in electric power generation facilities.
Exxon believes in the advancement of technology and research in its energy business for future prospects. The company expects the world’s oil and gas market to increase and many of these fossil fuels are still untapped. This is why Exxon spends in research and development alone. According to the company’s website, this is because the total amount of oil and gas market in 2035 will exceed $19 trillion and the company wants to efficiently use this resource.
Exxon Mobil reduces its operational costs and maximizes its economies of scale using effective production techniques. About 90% of the produce from Exxon’s chemical business is used for its natural gas producing facility meanwhile three fourths of the entire refinery volume is used up by Exxon’s lubrication and chemical facilities. Thus the company not only has a diverse range of work but some of the products from one business is used up as a raw material for another business. This makes the
Case Studey Methods
Jesse Barkin
Fall 2013
Company Analysis Write-Up: Exxon Mobil
Summary Bullets
Exxon Mobil is one of the most financially healthy companies in the world and ranks second on the list of Fortune 500 companies. According to One-Stop Report (2013), the net sales of Exxon Mobil was estimated a half trillion dollars, and the company had net assets along the lines of $334 billion and the net income on December, 2012 reached at $45 billion.
Exxon Mobil has different kinds of business that impact strongly to energy industry. In One-Stop Reports (2013), Exxon Mobil produced mainly an integrated oil and gas that hold a big pie of market share in the U.S. In addition, they enrolled in providing industrial chemicals. Exxon Mobil manufactured petrochemicals including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. In fact, Exxon Mobil operated in over 100 fields and was interested in electric power generation facilities.
Exxon believes in the advancement of technology and research in its energy business for future prospects. The company expects the world’s oil and gas market to increase and many of these fossil fuels are still untapped. This is why Exxon spends in research and development alone. According to the company’s website, this is because the total amount of oil and gas market in 2035 will exceed $19 trillion and the company wants to efficiently use this resource.
Exxon Mobil reduces its operational costs and maximizes its economies of scale using effective production techniques. About 90% of the produce from Exxon’s chemical business is used for its natural gas producing facility meanwhile three fourths of the entire refinery volume is used up by Exxon’s lubrication and chemical facilities. Thus the company not only has a diverse range of work but some of the products from one business is used up as a raw material for another business. This makes the
References: Daily, M. (2011, August 30). Exxon Mobil Corp. Lawsuit: Company ordered to pay $495 million for leak, says report. Retrieved from http://www.huffingtonpost.com/2011/06/30/exxon-mobil-lawsuit-jury-leak_n_887875.html Exxon Mobil (2013). Downstream. Retrieved from http://www.exxonmobil.com/Corporate/about_what_downstream.aspx Exxon Mobil (2009). Retrieved from http://www.wikinvest.com/stock/Exxon_Mobil_(XOM)/Legal_Proceedings GlobalData. (2013, March 27). Exxon Mobil corporation - financial and strategic analysis review. Retrieved form http://callisto.ggsrv.com/imgsrv/FastFetch/UBER1/308156_GDGE1203FSA MarketLine. (2013, July 30). Company profile - Exxon Mobil corporation. Retrieved form http://www.marketline.com Rosenberg, M. (2013, July 26). U.S.appeals court upholds $105 million Exxon payout in NYC case. Retrieved from http://www.reuters.com/article/2013/07/26/us-usa-courts-exxonmobil-idUSBRE96P0V220130726 Tuohy, L. (2013, September 04). Exxon MTBE lawsuit: New Hampshire jury finds oil giant liable in groundwater contamination. Retrieved from http://www.huffingtonpost.com/2013/04/09/exxon-mtbe-lawsuit-new-hampshire_n_3045663.html http://www.nbcnews.com/id/21586390/#.UnhQmW_A-z4