Exxonmobil strategy analysis. Exxon Mobil Corporation Strategic Analysis 2022-11-08

Exxonmobil strategy analysis Rating: 7,5/10 1343 reviews

ExxonMobil is one of the world's largest publicly traded international oil and gas companies, with operations in over 50 countries and a strong presence in both the upstream and downstream sectors of the industry. The company has a long history dating back to the late 19th century and has consistently ranked among the top global energy firms in terms of revenue and market capitalization.

ExxonMobil's business strategy has evolved over the years, but one constant has been its focus on maximizing shareholder value through a combination of operational excellence, technological innovation, and financial discipline. The company has a reputation for being a leader in exploration and production, with a strong portfolio of assets and a proven track record of discovering and developing new oil and gas reserves.

In recent years, ExxonMobil has faced a number of challenges, including declining oil prices, increased competition, and increased scrutiny from regulators and investors over its environmental and climate-related risks. In response to these challenges, the company has implemented a number of strategic initiatives designed to improve its financial performance and address these risks.

One key element of ExxonMobil's strategy has been its emphasis on technology and innovation. The company has a long history of investing in research and development, and it has made significant investments in advanced technologies such as advanced drilling and production techniques, enhanced oil recovery methods, and low-emission energy technologies. These investments have helped the company to maintain its position as a leader in the industry, while also positioning it to benefit from the growing demand for cleaner energy sources.

In addition to its focus on technology and innovation, ExxonMobil has also emphasized financial discipline in its business strategy. The company has implemented a number of cost-cutting measures and has sought to optimize its capital expenditure program in order to maximize shareholder value. This focus on financial discipline has helped the company to maintain a strong financial position even in times of market volatility and economic uncertainty.

Another key element of ExxonMobil's strategy has been its commitment to operational excellence. The company has a strong track record of efficiently and effectively managing its operations, and it has implemented a number of initiatives designed to improve efficiency and reduce costs. This focus on operational excellence has helped the company to maintain its competitive advantage and to deliver strong financial performance over the long term.

Overall, ExxonMobil's business strategy has been focused on maximizing shareholder value through a combination of operational excellence, technological innovation, and financial discipline. While the company has faced a number of challenges in recent years, it has remained a leader in the energy industry and has consistently delivered strong financial performance.

ExxonMobil outlines progress on long

exxonmobil strategy analysis

Henry 2011 … Settlement of Oil and Gas Disputes: Domestic and International Perspectives Oil and gas are considered among the world's most important resources and the oil and gas industry plays a critical role in driving the global economy. ExxonMobil 's world-class petroleum portfolio gives access to proven reserves of 21. As of FY 2015, Exxon has 23 refineries in 14 countries and has a distillation capacity of 136000 barrels per day. CONCEPTS There are different strategic tools, which could be utilized in determination of the successfulness of a firm. It stems from the merger between Exxon which was a New Jersey oil company, and Mobil which was based in New York. In ensuring that there is the good relationship, the company encourages the respect of human rights and the environment in the process of creating opportunities for all groups comprising the underrepresented groups Stadtler 2015. The purpose or aim of the company is to determine effectively the abilities of the firm in response to the changing demographics of the external environments.

Next

exxon strategic analysis

exxonmobil strategy analysis

Industry environment: - Intense Rivalry: The fierce competition from the other competitors from Russian producers is negatively affecting its market share. Naumann and Philippi 2014 argue that ExxonMobil is facing stiff competition from rival companies which have invested heavily in green energy. This has widened the intellectual property portfolio of ExxonMobil BusinessWire, 2003. Recommendation The primary favorable position of the organization is the commitment and the responsibility in innovation that influences the business to learn, to generate, create, refine as well as showcase oil and gas assets which are not accessible to contenders. Corporations : EXXONMOBIL Industry Name : Petrochemicals Industry Student Name: Abdallah Alaa Mohamed Elshamy Ibrahim Mohamed ID: 20125803 Semester: Fall 2021—Q1 EDU Code: 3.


Next

Exxon Mobil Corporation Strategic Analysis

exxonmobil strategy analysis

Secondly, such cases would be applied to Exxon Mobil Company in a way for analyzing competitiveness of the company. The report on the company would allow us to see the exact operational abilities or capabilities of the firm. Data quality for data science, predictive analytics, and big data in supply chain management: An introduction to the problem and suggestions for research and applications. They look into the industry of gasoline, Diesel, Ethanol, Octane Rating. Although no specific plan can be suggested for evaluating the implementation of the strategic choices, the company can develop its own benchmarks for the acquisition of oil reserves and introducing other economies in production by comparing the industry standards.

Next

Exxon Analysis

exxonmobil strategy analysis

Production in Guyana is expected to reach more than 750,000 gross barrels of oil per day by 2025. European Journal of Operational Research, 233 2 , pp. Decisions among top management should be supported by the conscious use of appropriate techniques and methods. We have a diverse variety of writers from native English to English as secondary language experts. The segmentation strategy has been analyzed with the help of the segmentation theories based which the customers are differentiated by the company. Profitability The ESG controversies score is calculated based on 23 ESG controversy topics. Energy is one of the greatest problems mankind is facing; by being a leader in this area Exxon has an opportunity to become truly the greatest company.


Next

ExxonMobil Marketing Strategy & Marketing Mix (4Ps)

exxonmobil strategy analysis

The strategy may relate to new market entry or one to counter the moves of the major competitors. The highlighted weaknesses of the company like deficit in finances and low standard operations at some of its fields are those factors that would lead to the lack of responsiveness and flexibility to changing in need of its buyers. On average, each day, they produce 2. The good financial position of the company might attract more buyers. K, the distribution activities where it exports around 60% to other markets.

Next

exxonmobil

exxonmobil strategy analysis

Hence, this company has an opportunity to expand its operations to target developing economies in South East Asia, the Middle East, Europe, Africa, and Asia. If the plan is achieved it will give the company a positive image in the market. A distinctive competency is considered as an act, which is performed better than the competitors of the firm are. American Economic Review, 104 4 , pp. This paper analyses the relative position of ExxonMobil Singapore. Opportunities for ExxonMobil Opportunities refer to the chances of the progress of the company in future.

Next

ExxonMobil Singapore's Strategic Analysis

exxonmobil strategy analysis

To Conclude ExxonMobil is a highly technologically advanced company in its field of work. This is complemented by the superior scale of the refineries of Exxon which proves to be a distinct competitive advantage for the company. ExxonMobil Organization structure The organization employs a mixed structure hybrid which is a combination of horizontal and vertical structure see appendix 2. General environment: -Global Forces: The rapid expansion in demand of emerging markets such as Brazil and China present more opportunities for Exxon Mobil Company to sell more products. It explores oil and natural gas in six continents.

Next

Detailed SWOT Analysis of ExxonMobil

exxonmobil strategy analysis

They have proved that they are the greatest player as they survived the competitive market situations while going through the global pandemic in 2020. This allows the company in understanding the different needs of the customers based on which the products are delivered to them. The downstream section is tasked with refining, supplying, and marketing of fuels. It is aligned in a vertical manner so that reporting goes to the top management of the organization in which every business unit have to report to the top management. Strengths are considered as those internal competencies and resources that an organization could utilize for achieving its objectives. The Ansoff model of corporate strategy is predictive and mathematical which provides a clear understanding of the coming future and chaos associated with it.

Next