|
94%
agree
197 votes
|
Even if the tide turns towards alternative energy, Exxon will be prepared |
|
85%
agree
20 votes
|
Benefits from higher oil prices |
|
86%
agree
15 votes
|
Becoming leaner and more efficient |
|
44%
agree
18 votes
|
Production drops 8% |
|
40%
agree
20 votes
|
Political instability in high-oil regions means reserves are tenuous |
|
46%
agree
52 votes
|
Peak Oil and E&P Risks |
May 20, 2013
ExxonMobil (NYSE: XOM) is the largest of the vertically integrated oil majors, as well as the largest publicly-traded corporation in the world by market cap and revenue.[1] In 2010 the company's total earnings were $30.5 billion (excluding special items), up 57% from 2009.[2]
ExxonMobil leads a pack of six global "supermajor" petroleum companies which explore for, produce, refine, and market oil and gas. Of these six (including BP (BP), ChevronTexaco (CVX), Total (TOT), ConocoPhillips (COP), and Royal Dutch Shell), ExxonMobil has consistently produced the highest revenue, income, and returns on capital employed (16.3% in 2009).[3] To diversify its revenues the company continues to expand in natural gas production through acquisitions, primarily in shale deposits, in oil sands and a wide ranging geographical presence.
(Read more at Wikinvest
) - Business and Financials
- FY 2010 Results
- Large Expansion into Natural Gas to Further Diversify Revenues
- Exxon Strengthens its Presence in Natural Gas through Acquisitions of Shale Companies
- Trends and Forces
- Oil Majors Develop Response System for Deepwater Oil Spills
- Fears of oil leaks like the BP (BP) oil spill in 2010 and the six month moratorium on offshore drilling in the Gulf of Mexico, led to loss of production and increase expense
- U.S. Concerns over Fracing May Affect Natural Gas Extraction Methods
- Oil Prices
- Demand Growth Forces Prices Up
- Demand Destruction
- Production Cuts
- Peak Oil – Falling Production
- Production Costs
- Nonconventional Reserves
- Oil Sands
- Global Presence: Blessing or Burden?
- Environmental Legislation
- Carbon Trading
- Access to ANWR
- Exxon’s Response to Renewable Energy
- Natural Disasters
- Competitors
- Notes
