Facebook Pixel Code
x
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Analysis of Exxon Mobil Corporation Business Environment

This is a preview of the 9-page document
Read full text

The radical changes in the revenue collection and stock market emanate from the high cost of production. The company opted to slash the spending budget by 12% to get 34 billion. The company will normalize the operations and at the same time create a good reputation in the stock market to deter such occurrences in the future. The company achieved that through joining four dozen U. S energy producers that formulated plans to curb capital spending by approximately $ billion. Through the approach, the company would sharply reduce the stock buybacks in the near-term.

The other big oil companies have applied the same principles that have worked effectively in reducing cases loss (Crude oil trading, 2014). On 5 February, Exxon Mobil Shares managed to rise the ladder by 0.66percentage to hit $92.06.The superb increase emanates from effective management and monitoring the previous loss of 23.6 billion.   Difficult lessons help people to make wise decisions that deter similar problems from happening (Crude oil trading. 2014). For instance, the elongated decrease of the market price calls for alarm and, therefore, the analysts must have speculated the market trend that would favor the company.

Moreover, as indicated in the previous notes, good management and reputation of the corporation promote the prices of shares o in the stock market. The public announcement that the company would cut down the costs of operation gives the investors a good reason to invest in the company. This action ultimately draws more clients to the company. In addition, when the company receives more customers, the growth rate will be very high as it receives more customers and net profits. Any bad experience arms one to wait for such experience if it happens to hit you in the future.   The preparedness of the company made it possible for it to catch the market in case of an opportunity (Crude oil trading, 2014).

This is a preview of the 9-page document
Open full text

Related Topics

Close ✕
Tracy Smith Editor&Proofreader
Expert in: Macro & Microeconomics, Finance & Accounting, Business
Hire an Editor
Matt Hamilton Writer
Expert in: Macro & Microeconomics, Management, E-Commerce
Hire a Writer
preview essay on Analysis of Exxon Mobil Corporation Business Environment
WE CAN HELP TO FIND AN ESSAYDidn't find an essay?

Please type your essay title, choose your document type, enter your email and we send you essay samples

Contact Us