The assignment is as follows:
Prepare a paper in which you compare and contrast three potential financial outcomes for ExxonMobil's proposed initiative(s). Evaluate your findings to determine the most likely outcome. Additionally, be sure to include your calculations which support your analysis of the various financial outcomes and discuss the financial impact on your selected organization. Be sure to properly cite your references in your paper.
The proposed initiative is:
"Despite financial challenges, our capital and exploration expenditures were $26 billion in 2008. Over the next 5 years, we plan to invest record amounts, more than $125 billion, to develop new technology, deliver new upstream projects, increase our refining capacity, and grow our Chemical business" (ExxonMobil, 2008).
ExxonMobil's Annual Report can be found at http://ir.exxonmobil.com/phoenix.zhtml?c=115024&p=irol-reportsAnnual.
I only need help with the following:
Compare and contrast three potential financial outcomes for ExxonMobil's proposed initiative(s).
ExxonMobil, as one of the largest energy companies in the world, realizes that existing and future business environment demands and will demand that energy companies provide energy "needed for demand growth while at the same time reducing [their] environmental impact (ExxonMobil, 2008, p. 3). Hence, despite ExxonMobil's financial challenges for the last few years, it did not cease its capital and exploration activities in 2008. As a matter of fact, it spent $26 billion that year. Moreover, "[over] the next 5 years, [the company plans] to invest record amounts, more than $125 billion, to develop new ...
Three financial outcomes for Exxon Mobil's proposed initiatives are examined.