ExxonMobil
The Company
The Questions
Compared to the other two industry leaders, Exxon Mobil’s stock price has been lower in the time period of January 1, 2017 to February 28, 2023. It seems that the nature of the stocks from all three companies move similar with the market but Exxon’s price stays lower.
As of Tuesday, February 28, 2023, ExxonMobil’s latest adjusted stock price is 110.550003.
ExxonMobile Stock Data Chevron Stock Data ConocoPhillips Stock Data
Link to more information on Petroleum & Other Liquids
In this plot, we put the adjusted stock prices for the three oil industry leaders into a dygraph for further analysis. Looking at the plot, there is a significant drop in all three stocks in early March of 2020 which is when Covid lockdown began. To better model this data, we added dyShading to cover the period from the Covid drop to exactly one year later.
ExxonMobile Stock Data Chevron Stock Data ConocoPhillips Stock Data
Link to additional Oil and Gas Stocks
Companies with larger market capitalization are often safer investments as they represent more established companies with generally longer history in business. Since Exxon has the highest market cap, it is not a surprise that investors would favor them more which in turn increases revenue. Therefore, Exxon Mobil is in a stronger financial position compared to their competitors.
Market Cap, Statista Revenue, Statista
Does a Large Market Capitalization Indicate a Better Company?
Company | Emissions |
---|---|
ExxonMobil | 111 |
Shell | 68 |
Chevron | 61 |
Eni | 41 |
BP | 39 |
TotalEnergies | 36 |
Company Name | CH4 Emissions |
---|---|
Hilcorp Energy | 136708 |
ExxonMobil | 73642 |
Occidental | 50372 |
ConocoPhillips | 47480 |
Chesapeake Energy | 46674 |
Diversified Gas & Oil | 32052 |
IKAV | 30794 |
Scout Energy | 28407 |
FourPoint Energy | 23940 |
Blackbeard Operating | 22910 |
BP | 22273 |
Terra Energy Partners | 22006 |
Merit Energy | 21571 |
PDC Energy | 20084 |
EQT | 18758 |
This panel includes two kable tables showing greenhouse gas emissions for 2021 and 2020.
The first table shows greenhouse gas emissions from top oil companies over the year 2021 measured in million metric tons of CO2 equivalent. 2021 GHG Emissions, Statista
The second table shows methane (CH4) emissions from top oil companies over the year 2020 measured in metric tons. 2020 Methane Emissions, Statista
We can see that ExxonMobil ranked first in CO2 emissions for 2021 and second for CH4 emissions in 2020, showing that although the company is trying to become more eco-friendly, they still have a long way to go.
Link to additional GHG Emission Data
ExxonMobil announces ambition for net zero greenhouse gas emissions by 2050
Pie charts for large and small energy firms showing their stances on various climate issues. ExxonMobil falls into the large firm category.
For each strategy, large firms reported more plans to incorporate eco-friendly practices than small firms. This could be because large firms receive more publicity and pressure to protect the environment, resulting in 89% of the large firms at least taking some mitigation strategies.
Emission Reduction Plans, Statista
More companies’ plans to combat climate change
Challenges & Solutions
Next Steps
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