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Situation Analysis Company background On November 30 1999 Exxon Corporation and Mobil Corporation formally merged to form Exxon Mobil Corporation Headquartered in Irving Texas ExxonMobil is a worldwide leader in the petroleum and petrochemicals business At the end of the century they came together as a single premier organization For most of the years in between they blazed separate trails as independent competing enterprise Each company placed a singular imprint on the energy industry and on a dynamic era of world history Coincident with the merger ExxonMobil announced a new organization structure built on a concept of eleven separate global businesses designed to allow the company to compete more effectively in a changing worldwide energy industry five upstream businesses Exploration Development Production Gas Marketing and Upstream Research four downstream businesses Refining and Supply Fuels Marketing Lubricants and Petroleum Specialties and Technology plus a chemical company and a coal and minerals company Markets Divisions and affiliated companies of ExxonMobil operate or market products in the United States and about 200 other countries and territories Their principal business is energy involving exploration for and production of crude oil and natural gas manufacturing of petroleum products and transportation and sale of crude oil natural gas and petroleum products ExxonMobil is a major manufacturer and marketer of basic petrochemicals including olefins aromatics polyethylene and polypropylene plastics and a wide variety of specialty products ExxonMobil is engaged in exploration for and mining and sale of coal copper and other minerals ExxonMobil also has interests in electric power generation facilities Affiliates of ExxonMobil conduct extensive research programs in support of these businesses Competition Competitive Factors The energy and petrochemical industries are highly competitive There is competition within the industries and also with other industries in supplying the energy fuel and chemical needs of industry and individual consumers The corporation competes with other firms in the sale or purchase of various goods or services in many national and international markets and
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