Abstract
The Financial analysis of ExxonMobil: ExxonMobil is one of the rare modern companies which were already involved in activities related to the oil industry in the nineteenth century. Besides the Benelux countries, the roots of the current organization are in Antwerp and Rotterdam. In the United States, John D. Rockefeller had created the Standard Oil Company in 1882, which was the legal predecessor of current ExxonMobil. Three commercial firms, Horstmann & Co. in Rotterdam, Frederic Speth & Co., and Graf & Maquinay in Antwerp, imported paraffin oil from the Standard Oil via the firm Stursberg, an intermediary of businesses at the time. In March 11th, 1891, these five companies created a new association, American Petroleum Company (APC), which had one office in Antwerp and the other in Rotterdam. The three firms of importation shared their tankers, their installations of storage and their offices.
