3. PHLatimer@aol.com 3
Vision and Mission of
Company
Exxon Mobil strives to be the best petroleum and
petrochemical company
Mission:
Exxon Mobil commits to being the best
petroleum and petrochemical company in the
industry for all who use their products around
the world
Vision:
4. PHLatimer@aol.com 4
History of the Company
1882
Standard Oil Trust
• Acquirement of Petroleum Interests
• 90% of control - Monopoly
John D. Rockefeller
5. PHLatimer@aol.com 5
• U.S. Supreme Court ordered the dissolution of
Standard Oil Trust
• 34 Separate Companies
“Jersey Standard" and "Socony“
Became
Exxon and Mobil
1911
6. PHLatimer@aol.com 6
• Next Two Decades
Building of Business
(Production, pipelines, refining, research)
• Since the end of World II
Expanded market – more than 100 countries
• 1999
Exxon + Mobil = ExxonMobil
7. PHLatimer@aol.com 7
Nowadays ExxonMobil
• Is based in Houston, Texas.
• 2003
Stronger Earning Performance over the History
$21.5 billions - Net Incomes
$30.8 billions - Cash Flow
• Sells more than 65 millions gallons of fuel every
day.
• Operates in over 100 countries.
• It is, World wide, the Biggest Oil Company.
9. PHLatimer@aol.com 9
Corporate Manager’s
Lee Raymond,
Chairman and
Chief Executive
Officer
Rex W.
Tillerson,
President
Harry
Longwell,
Executive
Vice President
Edward G.
Galante,
Senior Vice
President
10. PHLatimer@aol.com 10
Business Portfolio
Upstream business:
It is a capital intensive business dealing with
exploration, development and production of crude oil and natural gas.
Mid-Stream :
Oil and gas produced from E&P operations is collected
and delivered to a processing plant, where it is further refined and
processed. The midstream industry stores and transports the finished
products to the Downstream industry
