2. (4) ExxonMobil (United States)
Sales: 425.70 Profits: 45.22 Assets: 228.05 Market value: 335.54
Were it not for the vagaries of Forbes’s judging criteria the American energy giant would be number one on both lists. In fact why ExxonMobil is not the top company is anyone’s guess. What else does it have to do?
The company shouldn’t lose too much sleep over it. If there was a list for the companies least affected by the current economic downturn it would take something very special (or Forbes-like vague judging criteria) to knock ExxonMobil off the top spot. The company’s CEO, Rex Tillerson, recently stated that the company had no plans for any job cuts and had a massive $129 billion dollars to invest in the next five years.
Fact: Both Exxon and Mobil are direct descendents of the early oil giant Standard Oil. When the company was forced to split into smaller entities Jersey Standard was the initial name of Exxon and Standard Oil Company of New York (Socony) was the initial name of Mobil. If Standard Oil was still trading today then it would quite easily be worth in excess of $1 trillion.
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