1. Introduction
ExxonMobil is a major company that supplies oil and gas worldwide. The company, headquartered in Irving, Texas, operates across various sectors of the oil industry, from exploration to production, refining, and marketing of oil and natural gas (Herzog-Hawelka & Gupta, 2023). It is a major company involved in the production of various chemicals. ExxonMobil has been established for many years, starting in the 1800s. It has grown by combining with other companies, buying other companies, and coming up with new ideas.  Currently, it is a dominant and influential corporation in the global energy sector (Romadhona, Subagyono, & Agustin, 2022). The company is doing well because it focuses on technology, sustainability, and growing its market in a competitive industry that's always changing. The main objective of this report is to evaluate the financial viability of Exxon Mobil Corporation and its suitability for investment. The report is structured into three main segments (Kwarto et al., 2022). Firstly, it will provide a comprehensive summary of the company, encompassing its background, operational methods, and significant developments. The next section will closely examine ExxonMobil's financial situation. The report will assess ExxonMobil's performance in comparison to a major competitor and offer suggestions for improving financial management (Supran, Rahmstorf, & Oreskes, 2023). The concluding part will evaluate the merit of two potential investments, employing alternative approaches to gauge their value. The report wants to give helpful advice to help ExxonMobil make important decisions.
2. Company Overview (Part A)
2.1 History and business model of Exxon Mobil
History of Exxon Mobile Corporation:
ExxonMobil is a prominent company in the oil and gas field that is available for public investment. The company started with Standard Oil Company, founded by John D. Rockefeller and partners in 1870 (Singh, 2018). Standard Oil became the biggest company in the oil industry in the United States, but in 1911 it was split into smaller parts because of laws against monopolies (Grasso, 2019). The dissolution led to the creation of a few smaller businesses. Two of them were called Standard Oil Company of New Jersey (which later became Exxon) and Standard Oil Company of New York (which later became Mobil).
Integrated Business Model
ExxonMobil's operational framework centers around three main aspects: upstream, oil down stream, and chemical manufacturing (Abdulwahed et al., n.d.). The Upstream segment finds and produces oil and gas. The Downstream segment takes crude oil and turns it into different products like gasoline, diesel, and oil. Then, they sell and distribute these products to customers (Li, Trencher, & Asuka, 2022). The Chemical department manufactures and distributes chemicals sourced from oil and gas. This model helps the company in the oil and gas industry to control and improve every part of the process, from finding and making oil and gas to selling it (Kim & Kim, 2020). ExxonMobil's plan for doing business is to invest in different areas and places to reduce risks.
2.2 Industry and marketplace analysis:
The oil and gas industry is always changing and has many companies competing with each other. Politics, product availability, and new technology can all affect the market. ExxonMobil has other big companies as competition from all around the world (Supran & Oreskes, 2021). Companies such as Saudi Aramco, Gazprom, and Petro China are examples of oil and gas companies that are owned by governments. Others are owned by private companies, like Chevron, BP, and Shell (Wang et al., 2023). The oil and gas industry is always changing, and there are many companies competing. In order to remain successful in the global market, ExxonMobil must innovate and adapt to the constantly evolving energy industry (Kwarto et al., 2022). The company has to keep up with new rules, what people want, new gadgets, and the shift to being more eco-friendly in order to stay ahead in the energy business.
2.3 Major competitors and competitive landscape:
ExxonMobil is in a competition with Chevron, Royal Dutch Shell, BP, Total, and Saudi Aramco. - Many people are interested in adopting new technology to attract a larger clientele (Hastings & Williams, 2019). Businesses are trying to use cleaner energy and be more environmentally friendly as the industry changes.
2.4 Review of major events from the past five years;
2023: Strategic Partnership for Green Energy
Event ExxonMobil said it wants to work with an important company in the clean energy industry.
Impact   This group is working with ExxonMobil to help them make more money from clean energy projects, lower their effect on the environment, and meet international goals for sustainability. The company is going to start using more environmentally friendly energy sources. This could impact how much the company grows and what people think of it in the energy market in the future.
2022: Legal Challenges and Environmental Compliance
 
Event    The Company got in trouble because it didn't follow the new rules about how much pollution it could release.
Impact The Company had to pay a lot of money because of the legal problems. This showed how important it is for the company to follow environmental rules. ExxonMobil promised to do better for the environment, which might change how much money it spends and what people think of it.
2021: Financial Difficulties Due to COVID-19 Pandemic
Event   ExxonMobil had money problems because of the COVID-19 virus. Not as lots of people wanted oil, so the price dropped a lot.
Impact The pandemic caused the global economy to do poorly, which led to ExxonMobil losing money for the first time in many years. This event proves that the oil and gas industry can be impacted by changes in the global economy. It's important for them to adapt to new market conditions.
2020: Increased Investment in Exploration and Production
Event: ExxonMobil plans to spend more money to look for and produce oil and gas in Guyana, Brazil, and the Permian Basin.
Impact This important decision is meant to help ExxonMobil grow in the future by expanding its oil and gas business in important places. The company can make more things and be better at competing if they spend more money.
2019: Legal Issues Related to Climate Change Information
Event: The company faced consequences for not disclosing to investors the potential negative impact of climate change on their business.
Impact: These legal problems show how important it is for people to be clear and honest about environmental issues. The result of these court cases could affect how people see ExxonMobil and how investors feel about the company. It shows that it's important for the company to talk openly about the risks to the environment.