Finance project
EXXON MOBIL
Company Financial Analysis
Student Name
Institution
Date
Introduction
Exxon Mobile is an American multinational gas and oil company
Seventh largest company in the world in terms of revenue according to 2106 Forbes Global 2000 list
Currently it commands 3.921 million barrels of oil equivalent (BOE)
Among the world’s largest oil companies in the world.
Exxon Mobil is an American multinational company dealing with oil and gas. The company is the seventh largest in the world in terms of revenue according to the Forbes Global 2000 list of 2016. The company controls 3.921 million barrels of oil equivalent (BOE). It is among the world’s largest oil and gas companies.
2
Cont’d
Exxon Mobil has 37 oil refineries in 27 countries across the world
It is world’s largest oil refinery
Named the second most profitable company in the world by the Fortune 500 in 2014
The mission of Exxon is to offer high quality oil and gas in responsible manner
Exxon Mobil is the largest oil refinery in the world having 37 oil refineries across 27 countries. In 2014, it was named as the second most profitable company in the world by Fortune 500 list. The goals and objectives of the company are centered at providing high quality oil and gas products in responsible manner.
3
Income Statement Summary
Revenues in 2005 were $340 billion
This is 25.5% increase over the previous year (2004)
In 2005, Exxon Mobil became the world’s largest most traded public corporation as measured by revenue
It overtook Wal-Mart in this position
The previous two years of Exxon Mobil (2004 and 2005) shows that the company’s revenue growth increased by 25.5% which stood at $340 billion. Exxon Mobil became the world’s largest most traded public corporation, thereby overtaking Wal-Mart in 2005.
4
Balance Sheet Summary
In 2008, the total assets of Exxon Mobil were USD228,052
In 2009, total assets of Exxon Mobil were USD233,323
This was an increase of 2.3%
Total debt in 2008 stood at USD9425 millions
In 2009, the total debt stood at USD9605 millions
This was an increase of 1.9%
For the past tow years (2008 and 2009), the balance summary shows that the total assets increased by 2.3% from USD228,052 millions in 2008 to USD223,323 millions in 2009. Further, the total debt increased by 1.9% from USD9,425 in 2008 to USD9,605 millions in 2009.
5
Cash Flow Summary
Named the second most profitable company in the world by the Fortune 500 in 2014
In 2005, it overtook Wal-Mart as the world’s largest traded public corporation
In 2006, Exxon Mobil continued to lead in market value of $460.43 billion
In December 2013, is scored 5 out of 10 as having the largest annual earnings of all times
Exxon Mobil scored 5 out of 10 as having the largest annual earnings of all times as of December 2013. The company overtook Wal-Mart as the world’s most traded public corporation in 2005. The company made USD460.43 billions in 2006 in terms of market value. In 2005, it had been named as the world’s most profitable company by Fortune 500.
6
References
Kell, John (June 11, 2015). "The 10 most profitable companies of the Fortune 500". Fortune.
"Forbes Global 2000: The World's Biggest Public Companies". Forbes.Retrieved October 19, 2015.
Chambers, Matt (2014-12-17). "ExxonMobil pulls out of Victorian coal-seam gas venture". The Australian. Retrieved 2016-01-10