Exxon Mobile and Shell Research Paper Example | Topics and Well Written Essays - 750 words

Exxon Mobile and example - Research Paper ExampleShell is also engaged in same type of oil business as Mobil did even though their abilities are comparatively less than that of the Exxon Mobil Company. This paper before long compares Exxon Mobil and Shell in terms of their current policies, the way of operation, marketing strategies and international expansion etc.Record oil prices for the past few years helped oil companies in general and Exxon Mobil in particular to accumulate huge profits. The financial conditions of Exxon Mobil is far better than Shell. Exxon Company has nearly $40 billion in property reserves and another $225 billion in repurchased stock. Thats enough money to pay a nearly 60 percent premium, in cash, for every share of its undermentioned largest competitor - Royal Dutch Shell (Daily News). In short Shell is nothing in front of Mobil as far as the market capitalization or financial abilities are concerned even though Shell is placed second behind the Exxon (see the figure given below for more details). harmonise to many economical and business analysts, Exxon may buy the Royal Dutch Shell Oil Company in the near future itself in social club to establish an absolute monopoly in the oil market. Even though the oil prices were rising up, Shell like oil companies failed to develop new projects to take wages of the favorable business climate. On the other hand, Exxon Mobil succeeded developing new projects for the maximum exploitation of the higher oil price.Both shell and Exxon Mobil give more antecedency to the evaluation of market interests as part of their marketing strategies. The call for energy efficient vehicles and environment friendly energy sources is growing in the world because of the operose environmental problems caused by the burning of fossil fuels. Under such circumstances, it is not advisable for these oil companies to increase their production beyond certain levels. They are nearly watching the market trends and m aking changes in their oil prices