ExxonMobil Corporation is the result of the merger between two oil and gas giants, Exxon and Mobil, in the year 1999. ExxonMobil swot and pestle analysis gives us a clear insight into this Power company's marketing and operational plans and strategies.
According to the ExxonMobil case study, their unique selling proposition lies in being the world’s largest public-traded oil and gas company. With a diversified portfolio of Grade A projects in Chemical, Upstream, and Downstream business, ExxonMobil is a major player in the chemical industry as well. From starting as a regional marketer of kerosene to becoming one of the largest publicly-traded companies in the world, ExxonMobil's way of doing business has intrigued a lot of marketers over the years.
On that note, let us deduce the SWOT and PESTLE Analysis of ExxonMobil –
- SWOT Analysis
- Strengths
- A highly efficient and integrated business model
- Having a huge footprint worldwide
- Maintaining strong financial performance
- Always keeps focusing on technological innovation
- Weakness
- Inefficient corporate-level governance
- Getting accused of too many environmental hazards and lawsuits
- Violating the human rights multiple times
- Struck by allegations about illegal dealings in Central Africa resulting in worker’s strike at oil mines.
- Not giving enough care about climate change thus suffering from loss of business value Related: Nestle case study swot analysis
- Opportunities
- Rise in demand for energy
- Mergers and Acquisitions and business agreements at the right times
- Possibility of achieving climate care goals with Low Carbon Solutions
- Huge research and development to generate environment-friendly biofuels
- Having the big success of Stabroek in Guyana
- Threats
- Regulations about green-house emissions at both regional and national level
- Fluctuations of Crude Oil prices
- Rising popularity of alternate bio-friendly fuels
- Reduction in energy demand post Covid-19
- PESTLE Analysis
- Political
- Expansion in new territories
- Government policies about sustainability Related: analysis essay example
- Economical
- Changes in demand for energy worldwide
- Social
- People getting more aware of environmental issues
- The rising popularity of electric cars
- Technological
- Technological innovations and extensive research and development
- Striking gold with the biofuel research
- Legal
- Higher risks of penalties and lawsuits in case of oil spills or any kind of environmental damage.
- Environmental
- Oil spills, environmental pollution, and emission standards.
Thus, we can get a detailed report on how ExxonMobil impacts our socio-economic framework and environment from the Related: research Writing services
Source: http://www.escalade-alsace.com/forum/viewtopic.php?p=26151#26151
