IE618 Engineering Production and Cost

Economics

Syed Saad Rahman

srs47@njit.edu
„ The Exxon Mobil Corporation, or ExxonMobil, is
an American oil and gas corporation.

„ direct descendant of John D. Rockefeller’s Standard

Oil company, formed on November 30, 1999, by the merger
of Exxon and Mobil.

„ ExxonMobil is the world's largest company when measured by

either revenue or market capitalization.

„ Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of

2007 and, at current rates of production, are expected to last over 14
years.

„ The company has 38 oil refineries in 21 countries constituting a combined

daily refining capacity of 6.3 million barrels.

„ When ranked by oil and gas reserves it is 14th in the world with less than
1% of the total.
„ ExxonMobil is the largest non-government owned company in the energy
industry and produces about 3 percent of the world's oil and about 2
percent of the world's energy.

„ Headquarters: Irving, Texas, USA

„ Employees: 107,100 - December 31, 2007

Regular Company Employees: 80,800
Company Operated Retail Sites ("CORS"): 26,300

„ Competitors:
Chevron Corp
BP Plc
ConocoPhillips
Marathon Oil

„ operates in the United States, Canada, Europe, Africa, Asia-Pacific, the

Middle East, Russia/Caspian region, and South America.

„ Webste: http://www.exxonmobil.com
ExxonMobil is organized functionally into
a number of global operating divisions.

These divisions are grouped into three

categories for reference purposes,
though the company also has several
ancillary divisions, such as Coal &
Minerals, which are stand alone.

Upstream (oil exploration, extraction,

shipping, and wholesale operations)
based in Houston, Texas

Downstream (marketing, refining, and

retail operations) based in Fairfax,
Virginia

Chemical division based in Houston,

Texas
PRODUCTS:
„ Fuels:
Gasoline
Diesel
Heating oil
Kerosene
Other fuels

„ Lubricants:
Personal Vehicles
Aviation lubricants

„ Convenience stores & Marts:

On the run / tiger markets
Convenience stores

„ Service stations:
Car washes
Repair service

„ Travel Services:
Plan your travel route
Mobil travel guide
Station locator
Speedpass
KEY PEOPLE:

Mark W. Albers
Rex W. Tillerson
Senior Vice President
Chairman and Chief Executive Officer

Michael J. Dolan Donald D. Humphreys

Senior Vice President Senior Vice President and Treasurer
 FINANCIAL SUMMARY:

•In 2005, ExxonMobil surpassed Wal-Mart as the world's largest publicly held
corporation when measured by revenue.

•ExxonMobil's $340 billion revenues in 2005 were a 25.5 percent increase over their
2004 revenues.

•In 2006, Wal-Mart recaptured the lead with revenues of $348.7 billion against
ExxonMobil's $335.1.

•ExxonMobil continued to lead the world in both profits ($39.5 billion in 2006) and
market value ($460.43 billion).

•In 2007, ExxonMobil had a record net income of $40.61 billion on $404.552 of
revenue, an increase largely due to escalating oil prices.

•As of April 01, 2008 ExxonMobil occupied all 10 slots for Top Corporate Quarterly
Earnings of all Time.
Top Ten Corporate Quarterly Earnings of all Time

Place Company Year Quarter Dollars (USD)

1 Exxon Mobil Corp 2008 2 $11.68 billion

2 Exxon Mobil Corp 2007 4 $11.66 billion

3 Exxon Mobil Corp 2008 1 $10.89 billion

4 Exxon Mobil Corp 2005 4 $10.71 billion

5 Exxon Mobil Corp 2006 3 $10.49 billion

6 Exxon Mobil Corp 2006 2 $10.36 billion

7 Exxon Mobil Corp 2007 2 $10.26 billion

8 Exxon Mobil Corp 2006 4 $10.25 billion

9 Exxon Mobil Corp 2005 3 $9.92 billion

10 Exxon Mobil Corp 2007 3 $9.41 billion

 Financial Data USD millions

Year-end 2002 2003 2004 2005 2006 2007

Total revenue 204 506 237 054 291 252 358 955 377 635 358 612

EBITDA 26 038 41 220 51 646 70 181 79 869 79 909

Net income 11 460 21 510 25 330 36 130 39 500 40 600

Total debt 10 748 9 545 8 293 7 991 6 645 7 215

EBITDA: Earnings before interest, taxes, depreciation and amortization

STOCK TREND:

Last Trade: 72.09

Trade time: Feb 24
Change: increase 2.79 (4.03%)
Day’s range: 69.65-72.29