Merge Exxon Mobil Corporation example essay topic

Exxon and Mobil were two big competitors in the oil industry. In the 20th century, Exxon and Mobil operated with relatively low-price, and in low-margin environments. The market in the United States and Europe have grown and matured, allowing them both to grow with great success. The competitiveness has tightened worldwide in the crude oil business. Both companies have continued to advance new technologies, introducing new marketing innovations. They have extend there reach into high-growth markets.

The two companies became more efficient, reduced costs, and increased shareholder's value by there merge. Since the merge Exxon Mobil Corporation has grown to be a national giant and major player in the US economy. Their stock in the past six years has nearly doubled from $37.50 and the beginning of the merge. Their business is one that is on the leading edge of technology from there sky-scraper sized drilling platforms to there catalysts that help to produce thousands of consumer products. They produce high performing fuels and lubricants with zero emissions. Their downstream activities are refining and supply of petroleum products.

Also Exxon Mobil's chemical is a global marketer of ole fins, aromatics, fluids, synthetic rubber, polyethylene, polypropylene, oriented polypropylene packing films, plasticizers. Over the years, the Exxon Mobil Corporation have repeatedly earned the ranking of a top-rated Fortune 500 company by flawlessly executing there business plans and through strictly staying with their business ethics and standards. By having every employee commit to their standards of business conduct in everything that they do. You can count on seeing them in the top of the Fortune 500 ranks again next year and for many years to come. The symbol for the Exxon Mobile Corporation is XOM.

The high for Exxon Mobile Corp. was been $64.37 and the low in the past three months have been $60.70. Their P / E ratio is 15.63; volume is 68,225,800, with a 52 week range of $39.91 to $64.04. Yet On Wednesday March 10, 2005 Exxon Mobil stock was the worst performer on the Dow Jones, dropping 3.7 percent, or $2.31, and they closed the day out at $60.79. This all happened after the AMEX Oil Index drooped 2.26 percent and the energy stock went down sharply as well. With the price of crude oil on the rise and the price per barrel about $55. This is going to make the market unstable and more fluctuant with its stock prices.

Exxon will far well do to the fact they are well structured and with there massive diversification throughout there company that they will have nothing to worry about. They may face some drop in stalk but that is nothing to worry about and it will end up going back up as the economy stables out and things bounce back. Though the market strives off of these types of Fortune 500 business the economy will not fall nor weaken but say the same and retain its strength, and grow, but just have a few steps back do to a major player in having not the best of times.