Thursday, June 20, 2019
ExxonMobil - Future potential Essay Example | Topics and Well Written Essays - 3000 words
ExxonMobil - Future potential - Essay Example7 3.1 Strengths of ExxonMobil . 7 3.2 Weaknesses of ExxonMobil .. 8 3.3 Opportunities for ExxonMobil .. 8 3.4 banes to ExxonMobil . 9 4.0 doormans Five Forces Analysis of ExxonMobil 10 4.1 Threat of New Entrants .. 10 4.2 Threats from Rivals . 10 4.3 Supplier Power 10 4.4 Buyer Power 11 4.5 Threat of Substitutes 11 5.0 Conclusion . 12 References 13 Executive Summary There is no doubt pertaining to the fact that ExxonMobil happens to be the biggest publicly traded company in the military personnel that deals in anoint and natural gas. The recommendations extended in this encompass directly ensue from varied facts and factors like the number one position of ExxonMobil in the oil and natural gas sector, the immense growth potential of ExxonMobil and the steps being taken by the company to extend its business all around the world. So far as its financial position is concerned, ExxonMobil is suitably positioned and has the capacity to benefit from the fluctuating oil and natural gas prices. So as to be competent to have an insight into the future potential of the ExxonMobil, the report intends to analyze ExxonMobils business operations and the overall business environment in which the company operates. The report holds that ExxonMobil has an immense growth potential in the future. This conclusion ensues forth from varied facts. Over the years ExxonMobil has managed to retain a robust financial position and stand in the oil and natural gas sector. Besides, ExxonMobil is proactively expanding its activities at an international level and is making immense investments in the oil and natural gas sector. These advantages enjoyed by ExxonMobil be much augmented by the fact that the demand for oil and natural gas is continually increasing all around the world. In the light of these facts, the prospects of ExxonMobil have the appearance _or_ semblance to be propitious in the future. 1.0 Introduction In order to have an insight into the future potential of ExxonMobil, it will be useful to consider its historic track record and history. In the past 125 years, ExxonMobil has successfully graduated from being the largest marketer of kerosene within the United States of America to being the largest publicly traded company that deals in oil and natural gas (ExxonMobil 2012). In the present context, ExxonMobil is operating in many of the nations and is known word over by the dint of its notable brands like Mobil, Exxon and Esso (ExxonMobil 2012). It goes without saying that the contemporary world economies are largely dependent on energy and the energy needs of the world are immensely expanding with time. The products do by ExxonMobil facilitate transportation, have a usage in the petrochemical and lubricants industry and power generation.
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