ExxonMobil - Future potential - Essay Example

Download file to see previous pages 7 3.1 Strengths of ExxonMobil ………………………………………………. 7 3.2 Weaknesses of ExxonMobil …………………………………………….. 8 3.3 Opportunities for ExxonMobil ………………………………………….. 8 3.4 Threats to ExxonMobil ……………………………………………………. 9 4.0 Porter’s 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 world that deals in oil and natural gas. The recommendations extended in this report 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 able to have an insight into the future potential of the ExxonMobil, the report intends to analyze ExxonMobil’s 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 standing 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 are 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 seem 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 past 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 publically 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 famous 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 made by ExxonMobil facilitate transportation, have a usage in the petrochemical and lubricants industry and power generation. ...Download file to see next pagesRead More