Analysis of Exxon Mobil Corporation Business Environment Free Essay Example, 2250 words

The radical changes in the revenue collection and stock market emanate from the high cost of production. The company opted to slash the spending budget by 12% to get 34 billion. The company will normalize the operations and at the same time create a good reputation in the stock market to deter such occurrences in the future. The company achieved that through joining four dozen U. S energy producers that formulated plans to curb capital spending by approximately $ billion. Through the approach, the company would sharply reduce the stock buybacks in the near-term. The other big oil companies have applied the same principles that have worked effectively in reducing cases loss (Crude oil trading, 2014). On 5 February, Exxon Mobil Shares managed to rise the ladder by 0.66percentage to hit $92.06.The superb increase emanates from effective management and monitoring the previous loss of 23.6 billion. Difficult lessons help people to make wise decisions that deter similar problems from hap pening (Crude oil trading. 2014). For instance, the elongated decrease of the market price calls for alarm and, therefore, the analysts must have speculated the market trend that would favor the company. We will write a custom essay sample on Analysis of Exxon Mobil Corporation Business Environment or any topic specifically for you Only $17.96 $11.86/page