• 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
• Resultado de la fusión de Exxon y Mobil en 1998, en un acuerdo de US$ 73.7 billones
• Ambas empresas son descendentes de histórica Standard Oil, fundada en 1870 por John D. Rockefeller
• Marcas:
o Exxon
o Mobil
o Esso
• Casa Matriz: Irving, Texas
• Divisiones:
o Upstream (extracción)
o Downstream (refinación)
o Chemical
o Salió del negocio de distribución en 2008 para enfocarse en los otros negocios.
o Las estaciones de servicio siguen…show more content… With the exchange ratio 1.32015, Exxon paid 1,029.4 million its shares for Mobil or $74.1 billion. This was a $15.4 billion (26.2%) premium over Mobil’s market value or $94.9 a share. After the price run-up Exxon shareholders would own approximately 70% of the combined Exxon Mobil entity, while Mobil shareholders would own approximately 30%. The merger qualified as a tax-free reorganization in the US, and that it was accounted for on a “pooling of interests” basis.[24]
In addition, the merger agreement provided for payment of termination fees of $1.5 billion. Exxon and Mobil also entered into an option agreement that granted Exxon the option to purchase up to 136.5 million shares (14.9%) of Mobil common stock at a strike price of $95.96. Exxon could exercise the option after the occurrence of an event, entitling Exxon to receive the termination fee payable by Mobil.[24]
The termination fee and option were intended to make it more likely that the merger would be completed on the agreed terms and to discourage proposals for alternative business combinations. Among other effects, the option could prevent an alternative business combination with Mobil from being accounted for as a “pooling of interests”. Although
the obvious designs in their distinctive logo even to the fact that basically Exxon is probably the only English language word containing double X's. "Supply Chain Issues": According to Exxon Mobil's web page, “Third parties providing services to ExxonMobil can impact our operations and reputation. Currently we rely on more than 175,000 suppliers of goods and services, including more than 85,000 third party contractor personnel. Because our global reach expands well beyond our fence lines, we seek…
RETIREMENT BENEFITS ANALYSIS Why Are Pensions Important? Benefits at Retirement Pensions Other Post Retirement Benefits Role of Estimation Determining Retirement Costs Contributions Determining Plan Obligations Determining Plan Assets Funding Status Pension Plan Disclosures Analysis of Retirement Plans Common Size Funding Underfunded Pensions WHY ARE PENSIONS IMPORTANT? Societal Implications of Retirement Benefits Social Significance – Who is responsible…
1 Introduction This assignment provides the study on Disruptive Innovation using Clayton Christensen’s framework. Apart from this, this assignment also tells how the companies should react to the upcoming technologies and what should be the course of action for the same. 1.1 Innovation There is no specific definition for innovation as such. But, according to me, innovation is creating something new or changing the old to achieve the competitive advantage and meet the increasing customer demands…
global warming is real, but they do not understand the cause behind it. It is possible that if people were aware of the rapid pace of the earth heating up and the cause of it, then maybe they would take action in helping to reduce this process. "The study also found important gaps in knowledge and common misconceptions about climate change and the earth system. These misconceptions lead some people to doubt that global warming is happening or that human activities are a major contributor, to misunderstand…
News organisation is a kind of agency which is responsible for gathering stories and reports from all over the world, generating the news and finally distributing them to news release institutions such as newspapers, radios, television broadcast and so on. The large ones, such as Press Association, have already developed a full list of publications, TV channels, radio and websites directly by itself (The Media Owners, 2011). They are based on numerous journalists and have become a key character in…
class was in danger of collapsing due to declining wages, escalating tax rates, and soaring unemployment. 2. Corporations: This report will explain how corporations, in the pursuit of their own interest, had worsened inequality. 3. Community: Studies suggested that crime, drug use, divorce rate, poor education performance, and illness are categorically correlative with income disparities. 4. Economists: Economists have spent a great deal of energy explaining the escalation of economic inequality…
will then broadly define what US constitutes as Chinese threats to its economic, cultural, military, and political interests. Subsequently, I will take a deeper examination of China’s soft power influence in Africa, taking into account specific case studies to assess how China’s soft power potentially destabilizes US’s cultural, economic, political security. To verify the validity of China’s projected threats, I will provide empirical data to assess the results. Finally, I will close with a proscription…
Chapter 11 Sociology Social Institutions: The Economy Historical and Economic Changes 1. Pre-Colonial United States: Hunting and Gathering and Horticultural Societies Pre-sixteenth-century Native Americans with 2 million to 10 million people Hunting and gathering socieites Highly mobile, relocating for food and weather conditions Division of labor revolved around survival (men hunted, women cooked) Horticultural societies Based on domestication of animals, farming, and generating a surplus of resources…
Organizational Behavior? Organizational Behavior • Organizational behavior (often abbreviated OB) is a field of study that investigates the impact that individuals, groups, and structure have on behavior within organizations, for the purpose of applying such knowledge toward improving an organization’s effectiveness. That’s a mouthful, so let’s break it down. • To sum up our definition, OB is the study of what people do in an organization and how their behavior affects the…
Role of Logistics in Supply Chains Instructor’s Manual Chapter 2 CHAPTER 2 ROLE OF LOGISTICS IN SUPPLY CHAINS LEARNING OBJECTIVES After reading this chapter, you should be able to do the following: • Understand the role and importance of logistics in private and public organizations. • Discuss the impact of logistics on the economy and how effective logistics management contributes to the vitality of the economy. • Understand the value-added roles of logistics on both a macro and micro level. • Explain…
