Exxon Mobil
The majority of Exxon Mobil's assets are tangible assets. The company held nearly $200 billion in property, plant and equipment as of December 31, 2010 and this represents two-thirds of the company's assets. Most of the other assets that Exxon Mobil has are investments, receivables, inventory and cash. Goodwill and other intangible assets do not even register on the company's balance sheet.

The net income from 2010 was $30.46 billion and from 2009 it was $19.28 billion, an improvement of 58%. The change was positive, representing an increase of $11.18 billion.

The change in cash flows for Exxon Mobil in 2010 was -$2.868 billion, compared with a decline of $20.744 billion the year previous. This represents an improvement of 86% in the change in cash and equivalents. Cash flow from operations improved $19.975 billion in 2010, an increase of 70.2% from the year previous. The cash flow from operations was $48.413…...

mla

Works Cited:

Exxon Mobil 2010 Annual Report

Exxon Mobil 2009 Annual Report

Additionally the company is inceasingly concened with meeting the enegy needs of people and oganizations thoughout the wold ("Company Pofile"). To this end Exxon Mobil is committed to "exploation and poduction of cude oil and natual gas; the manufactue of petoleum poducts; and the tanspotation and sale of cude oil, natual gas, and petoleum poducts ("Company Pofile")." In addition Exxon Mobile is a pimay poduce and makete of both commodity and specialty petochemicals. The company is also involved in the owneship and management of electic powe geneation facilities. The company is also involved in seveal aeas of eseach that allow the company to suppot opeations, expeience constant impovement ("Company Pofile"). The company has fou distinct business sphees though which it opeates. The sphee ae efeed to as upsteam, downsteam, chemical and technology.

The Upsteam business sect efes to Exxon Mobil's asset base ("Company Pofile"). This base is significant, involves seveal geogaphic…...

mla

references

"About us." Retrieved April 26, 2009 from;

 http://www.exxonmobil.com/Corporate/history/about_who_history.aspx 

Cook, S. (2004) Change Management Excellence: Using the Four Intelligences for Successful Organizational Change. London,, GBR: Kogan Page, Limited, 2004.

p 59.

Exxon Mobil
The seven staircases are maximizing existing customers, attracting new customers, innovation of product and services, innovation of value delivery system, improving industry revenue, geographic expansion and stepping out into new business areas (Mckinsey, no date). Exxon Mobil has seen steep declines in its revenues in the past few years, falling from $438 billion in 2013 to $268 billion in 2015 (2015 Exxon Mobil Annual eport). This does not mean that the company has no growth strategy; Exxon Mobil's revenues are related to fluctuations in the price of hydrocarbons, especially crude. The company also notes that "global economic growth has slowed, leading to a market that is oversupplied" (p.2), citing this is a reason for lower revenues.

The company relies on attracting new customers. This may seem counterintuitive, but it's not. Existing customers already consume heroic amounts of fossil fuels, so there is little incremental gain there. Exxon invests in innovation,…...

mla

References

2015 Exxon Mobil Annual Report. Retrieved November 26, 2016 from http://cdn.exxonmobil.com/~/media/global/files/summary-annual-report/2015_Summary_Annual_Report.pdf

McKinsey & Co. (no date). Staircases to growth. Mckinsey & Co. In possession of the author.

Community and society are a couple of stakes in the above array of stakeholders that a business is obligated towards directly. Charity schools and hospitals would be a part of direct responsibility to these two stakes but only partly and not completely. Exxon has failed to realize its obligations to the society in which it exists and so issues became so intense that Exxon Mobil had to suspend its activities. Corporate responsibility does not only lie with the protection of business interests and expatriate employees. It also involves going further ahead and taking care of employees. Any actions that affect the community in which the operations are established could reflect poorly on part of organization with regard to corporate responsibility.
The case of Exxon Mobil reminds us of the significance of business ethics. Ethical and human rights lapses can seriously effect corporate operations and reputations like they did in case…...

These unwavering expectations provide the foundation for our commitments to those with whom we interact: " (JLP, 2005).
Financial Goals

ExxonMobil does not explicitly state its financial goals. This is proprietary information that is not published. However, ExxonMobil does suggest that it intends to keep up with global demand. ExxonMobil is focused on long-term growth, rather than short-term gains. One could expect the financial goals of the company to include a plan for long-term steady growth that keeps pace with global demand.

Financial Analysis

Exxon Mobil is traded on the New York Stock Exchange under the stock ticker XOM. XOM ended the day on January 28, 2008 with a closing price of 85.08. It is expected that this price will climb to 101.00 within one year (Yahoo Finance, 2008). It is a high volume stock, in terms of the number of trades. It has a healthy 6.92 Earnings Per Share and a Market…...

mla

References

JLP (2005). Exxon Mobil's (XOM) Mission Statement. April 27, 2005. Retrieved January 27, 2008 at  http://manonamission.blogspot.com/2005/04/exxon-mobils-xom-mission-statement.html 

Reuters. 2008. Exxon Mobil Corp. XOM (NYSE). Retrieved January 27, 2008 at  http://stocks.us.reuters.com/stocks/ratios.asp?symbol=XOM 

Tillerson, R. (2007). The state of the energy industry: strengths, realities and solutions. Opening Address to CERA Week, Houston, Texas. February 13, 2007; Retrieved January 27, 2008 from https://www2.exxonmobil.com/corporate/news_speeches_20070213_RWT.aspx2007.

Yahoo Finance. 2008. XOM. Closing Price. Retrieved January 27, 2008 at  http://finance.yahoo.com/q?s=XOM

Technology at Exxon Mobil
Exxon Mobil is an American multinational corporation that operates in the oil and gas industry where it has developed to become the fifth largest business organization by revenue across the globe. The growth and profitability of this company since inception can be attributed to various factors including technology used for domestic and international business environments. Similar to most of the companies in this industry, Exxon Mobil utilizes hard and soft technology for domestic and international or global environments. The hard technology used by Exxon Mobil for domestic and global environments include ongoing product and process improvement in order to meet the evolving industry needs ("ExxonMobil Chemical Demonstrates Technology Leadership," 2009). This process includes developing and/or identifying applications that help the company to accomplish its various objectives. The invention of suitable applications for varying business processes and practices has been a critical success factor for the company. In…...

mla

References

"ExxonMobil Chemical Demonstrates Technology Leadership at International Rubber Conference 2009." (2009, June 22). Business Wire -- A Berkshire Hathaway Company. Retrieved October 3, 2015, from  http://www.businesswire.com/news/home/20090622005117/en/ExxonMobil-Chemical-Demonstrates-Technology-Leadership-International-Rubber#.Vg-zvflq3IU 

"Technology and Commercial Feasibility." (n.d.). Exxon Mobil. Retrieved October 3, 2015, from  http://corporate.ExxonMobil.com/en/energy/research-and-development/feasibility/overview

Sociocultural Aspect of Exxon Mobil
The clustering of countries based on their cultural values has the ability to bring about an understanding of the differences and similarities across cultures. This would be beneficial to any company that is trading globally and would like to replicate the success of its domestic market globally. Exxon Mobil currently has six country clusters namely North America, South America, Europe, Middle East/North Africa, Sub-Saharan Africa, and Asia Pacific (Berger, 2013). The country clusters share factors like religion, language, political boundaries, and economic systems, which makes it easy for the company to leverage its marketing and sales across the clusters. The United States is the domestic market/environment for Exxon Mobil, and it is clustered together with Canada, Mexico, and Caribbean/Guatemala in the North American cluster.

The main sociocultural factor that would affect Exxon Mobil in their global environment is language barrier. The country clusters have a combination of…...

mla

References

Berger, M. (2013). Drill, Spill and Bill: ExxonMobil, A Well Oiled Machine A Review of" Private Empire: ExxonMobil and American Power." By Steve Coll. Journal of International Business and Law, 12(2), 15.

Coll, S. (Aug 11, 2012). An exhaustive history of the world's most inexhaustible oil company. from  http://www.economist.com/node/21560226

Brief Summary of a Company: Exxon Mobil CorporationThe company selected for conducting financial analysis is Exxon Mobil, a multinational gas and oil company. The firm is based in the United States and has its headquarters in Irving, Texas. The method used to analyze Exxon Mobils financial health is financial ratios while considering the companys operating efficiency, profitability, solvency, and liquidity (Reuben, 2018). These aspects provided a clear picture of its financial status, thereby what its financial future looks like. The results were obtained as follows. The company has, over the years, landed massive figures that have beat projections by financial analysts. As of 2021, Exxon Mobil had an operating cash flow of about 9.3 billion US dollars and reduced its debt by about four billion US dollars. The company has also kept its 2021 spending within the projected values, between 16 billion and 19 billion US dollars. The firm has…...

mla

Reference

Reuben, A. (2018). The Wall Street MBA: Your Personal Crash Course in Corporate Finance.

Exxon
As Exxon engages in the discovery, extraction, refining and retailing of petroleum, a wide range of technologies are used to help it perform its business and compete. Some of these functions are outsourced to other companies that serve the oil industry, but the base technology for exploration involves a variety of equipment for evaluating whether there is oil in the ground at specific locations -- drills, sonar and other sensory equipment. Extraction requires highly complex hard technology, driven by software, that can drill into the earth and bring oil to the surface, no matter what the prevailing conditions at the surface are. At the fore of modern technology is software that enables real time monitoring of all data on wellhead conditions, flow through pipelines and the status of mechanical systems. This software seeks to minimize loss, maximize efficiency and to reduce downtime (Elatab, 2012).

Oil reservoirs tend to be pressurized and…...

mla

References

Elatab, M. (2012). 5 trends in oil & gas technology. Venture Beat Retrieved October 1, 2015 from  http://venturebeat.com/2012/03/28/5-trends-in-oil-gas-technology-and-why-you-should-care/ 

MSN Moneycentral (2015). Exxon Mobil. Retrieved October 1, 2015 from  http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.XOM.NYS 

Sherman, A. (2015) Basics of patent protection. Entrepreneurship.org. Retrieved October 1, 2015 from  http://www.entrepreneurship.org/resource-center/basics-of-patent-protection.aspx

Acquisition of Exxon Mobil
Technical report

Acquisition of Exxon Mobil by EIG

Embry Investment Group is an investment company, which deals in investment, primarily through acquisition of other companies. However, before they acquire an organization, they will require evaluating its overall performance to ensure that their investment will attract many investors in the globe. The suggested company to acquire is Exxon Mobil, a renowned public traded organization, which suits the investor's preference. The suggested company conducts its business in over 200 nations in the globe. In addition, Exxon Mobil has upstream activities in numerous countries. Most importantly, Exxon Mobil deals in gas, oil, coal and chemicals, and its portfolio comprises of discovered oil and gas resources equivalent to 70 billion barrels of oil.

Executive Summary

Currently, business in every sector has become competitive, an aspect, which has seen many companies declining without hope of revival. Therefore, many organizations have put in place strategies that will…...

mla

References

Estrada, J., Tangen, K. And Bergesen, H.O. (1997). Environmental Challenges Confronting the Oil Industry. Chichester, John Wiley & Sons.

ExxonMobil. (n.d.). ExxonMobil Brands: Mobil 1™, Mobil Super ™ & Delvac™. Retrieved

November 22, 2013, from  http://www.exxonmobil.com/Lubes/products_brands.aspx 

ExxonMobil. (n.d.). ExxonMobil Aviation Lubricants. Retrieved November 22, 2013, from  http://www.exxonmobil.com/lubes/exxonmobil/emal/pages/commercial/products.html

Company Analysis: ExxonWhen analyzing Exxon's financial statements, it is important to look for large movements in specific accounts from one year to the next. In the fiscal year 2020, Exxon experienced a significant decrease in revenue, reflecting the impact of the COVID-19 pandemic on the oil and gas industry. Exxon's revenue in 2020 was $181.5 billion, compared to $264.9 billion in 2019. Additionally, Exxon's net income in 2020 was a loss of $22.4 billion, compared to a profit of $14.3 billion in 2019.Exxon's notes to the financial statements provide additional information about the company's accounting methods and significant transactions. For example, the company notes that it recognized asset impairments of $19.3 billion in 2020 due to lower expected commodity prices and changes in the company's long-term business plans.To evaluate Exxon's balance sheet, it is important to look for large changes in the company's assets, liabilities, or equity accounts. In 2020,…...

mla

References

Exxon Financial Reporting 2020. Retrieved from  https://corporate.exxonmobil.com/-/media/Global/Files/investor-relations/quarterly-earnings/earnings-announcements/2020-earnings-announcements/4q-earnings-release.pdf 

Exxon Financial Reporting 2022. Retrieved from  https://corporate.exxonmobil.com/news/newsroom/news-releases/2023/0131_exxonmobil-announces-full-year-2022-results 

" As far as economic conditions are concerned, as part of the company's strategy it is committed to aiding people with the social and economic problems that they face (Environment and Society). This is known as the community investment strategy. This strategy encompasses human rights, education, and enterprise development (Environment and Society).
BP's management is also concerned with decreasing dependence on oil and has created various initiatives to create new sources of energy.

Shell

Shell has also experienced a great deal of profit as a result of oil prices. An article reports that "Excluding a non-operating gain of $113 million, the result was $5.975 billion, ahead of an average forecast of $5.56 billion in a euters poll of seven analysts. "These are good, solid underlying results and better than we have expected," Peter Hutton at van Lanschot Bankiers said. "But it is still not delivering the same amount to investors, compared with BP…...

mla

References

BP profits rise on high oil. April 25, 2006. Reuters. Retrieved May 23 at http://today.reuters.co.uk/news/newsArticle.aspx?type=businessNews&storyID=2006-04-25T081534Z_01_WLA9431_RTRUKOC_0_UK-ENERGY-BP.xml

Chief Executive's introduction. Official Shell Website. Retrieved May 23 at  http://www.shell.com/home/Framework?siteId=envandsoc-en&FC2=/envandsoc-en/html/iwgen/leftnavs/zzz_lhn3_0_0.html&FC3=/envandsoc-en/html/iwgen/introduction_chief_executive/intro_chief_executive_16032006.html 

Corporate Citizenship. Retrieved May 23 at  http://exxonmobil.com/Corporate/Citizenship/citizenship.asp 

Environment and Society. Official BP Website. Retrieved May 23 at  http://www.bp.com/subsection.do?categoryId=4534&contentId=7014436

Exxon Mobile
Sustainability Assessment

Exxon Mobile is the world's largest publicly traded international oil and gas company (ExxonMobil, N.d.). The oil and gas industry has a challenge in terms of sustainability because of the nature of the business. The oil and gas industry operates almost exclusively on the extraction of fossil fuels, and the burning of these fuels contributes to greenhouse gas emissions which is one of the leading contributors to climate change. Therefore, the oil and gas industry is difficult to call sustainable in many regards as many people believe that we need the economy to shift to renewable resources as an energy source rather than fossil fuels.

Exxon's industry makes its decision making process difficult in regards to environmental sustainability. The company is somewhat torn between having to accept more dangerous drilling sites to return profits for their shareholders and being good environmental stewards. For example, the company was recently exploring…...

mla

References

Dawson, C. (2015, June 26). Exxon Mobil, BP Suspend Canadian Arctic Exploratory Drilling Program in Beaufort Sea. Retrieved from The New York Times:  http://www.wsj.com/articles/exxon-mobil-bp-suspend-canadian-arctic-exploratory-drilling-program-in-beaufort-sea-1435348381 

ExxonMobil. (N.d.). About Us. Retrieved from Exxon Mobil:  http://corporate.ExxonMobil.com/en/company/about-us 

Jerving, S., Jennings, K., Hirsch, M., & Rust, S. (2015, October 8). What Exxon knew about . Retrieved from LA Times:  http://graphics.latimes.com/exxon-arctic/

ExxonMobil
Domestic Environment

The oil industry in the U.S. serves as the foundation for virtually the whole economy. The U.S. has largely exhausted its own domestic oil supply so it must rely primarily on foreign sources. New technologies have allowed the extraction of the oil that still remains in the U.S. Offshore drilling and oil reserves that are only accessible by hydraulic fracking represent the two best examples of controversial extraction methods. The oil spill in the Gulf of Mexico represents very clearly the risks associated with off-shore extraction. Furthermore, hydraulic fracking and the use of shale reserves have also been meet with a lot of resistance for their environmental risks.

Global Environment

The global environment for oil and gas has changed significantly in just the last few years. The conditions have been created by an increase supply in oil. These supply increases have largely come from technological developments that have allowed for new…...

mla

References

Doshi, V., & Corrigan, J. (2015). 2015 Oil and Gas Trends. Retrieved from Strategy &:  http://www.strategyand.pwc.com/perspectives/2015-oil-gas-trends 

Krauss, C. (2015, July 31). Exxon and Chevron Report Worst Quarterly Results of Current Decade. Retrieved from The New York Times:  http://www.nytimes.com/2015/08/01/business/energy-environment/exxon-mobil-chevron-q2-earnings-oil-prices.html 

The Economist. (2015, September 25). The perils of relying on the sticky stuff. Retrieved from The Economist:  http://www.economist.com/news/middle-east-and-africa/21663235-persistent-low-prices-threaten-entire-region-perils-relying?zid=298&ah=0bc99f9da8f185b2964b6cef412227be

Exxon Mobile
ExxonMobil is the world's largest publicly traded international oil and gas company (ExxonMobil, N.d.). The industry is multifaceted and is composed of many different segments -- everything from the exploration of oil, the refinement process, and the transportation via ship, tanker, or pipeline. The oil and gas is of critical importance to the world's economy because there are many other industries are directly dependent upon these fuels. For example, oil can be used as a raw material to produce many other goods. Furthermore, oil and gas are the preferred fuel for the world's transportation system that is responsible for moving goods and services globally, which has also become increasingly important as the world has rapidly become more globalized.

John Galbraith challenged much of the conventional wisdom associated with classical economics (Economist View, 2006). One of his criticisms deal with what he refers to as the dependence effect. This thought deals…...

mla

References

Economist View. (2006, April 30). John Kenneth Galbraith's Contributions to Economics. Retrieved from Economist View:  http://economistsview.typepad.com/economistsview/2006/04/john_kenneth_ga.html 

ExxonMobil. (N.d.). About Us. Retrieved from Exxon Mobil:  http://corporate.ExxonMobil.com/en/company/about-us 

Ford, K. (2004, April 22). Rostow's Stages of Development. Retrieved from NVCC:  http://www.nvcc.edu/home/nvfordc/econdev/introduction/stages.html 

Kolmes, S. (2011). Climate Change. Enviornment, 33-37.