Abstract
I preferred to analyze the company ExxonMobil as it is one of the biggest petroleum companies in the world. With a net income of 45.22 billon dollars in 2008, ExxonMobil realized the biggest net income in the World. The company represents 2% of NYSE capitalization.
ExxonMobil is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company. The company has 38 oil refineries in 21 countries constituting a capacity of 6.3 million barrels per day, and 42,000 service stations in 100 countries under the brands Exxon, Esso, and Mobil. The company has the major petroleum reserve for a private company with 22.4 billion barrels.
We can say that ExxonMobil is an extraordinary company with many aspects to consider. To obtain the best approach, we will analyze the concepts that are important to the company. In the second part, we will study the balance sheet of the company and in the third part, we will analyze its income statement. Finally, in the fourth part, we will study its cash flow balance.
