Michael Walker

 Exploration and Exploitation  Extraction and Production  Transport  Refining and Distillation  Marketing and Selling

 Consumption will always increase  Integral part of the world economy  Geopolitical connections  Petrodollars are king in the market

 Integrated oil and gas company based in the US. It is engaged in exploration and production, refining, and marketing of oil and natural gas.  Headquartered in Irving, Texas and employs about 82,100 people.

 The company recorded sales and other operating revenues of $467,029 million during the financial year 2011, an increase of 26.2% since  The operating profit of the company was $73,504 million during 2011, an increase of 38.1% over  The net profit was $41,060 million in 2011, an increase of 34.8% since 2010.

 Exxon Mobil continues to improve the portfolio and business mix through diversified revenue and strong research and development capabilities.  However, instability in some oil- producing regions could seriously impair the company’s operations.

 Capturing the highest-quality exploration opportunities  Strong research and development capabilities  Diversified revenue stream  Most dominant independent oil and gas firm

 Declining net liquids production and oil reserves  Litigation and contingencies  High indebtedness  Improper management

 Demand for shale gas is increasing  New petroleum derived products  Rising global energy demand  Strategic cooperation with Rosneft

 Risks concerning instability in some oil- producing regions  Environmental regulations  Economic conditions  Consumer culture change

 Buying ExxonMobil increases our exposure to the energy sector while mitigating some of the inherit risks in the oil and gas industry  Putting unused money in a growing sector is better than keeping it on hand.