Financial Performance of the Major Oil Companies, 2007-2011

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Our Price: $15.00

By Robet Pirog (au)
Year: 2012
Pages: 12
Binding Paperback
ISBN 978-1-4578-2932-1

Product Code: 1457829320

Description

While the oil industry is composed of hundreds of firms of various sizes doing business in different aspects of the oil supply chain, many characterize the industry through the performance of the five major integrated oil companies: ExxonMobil, Chevron, BP plc, Royal Dutch Shell plc, and ConocoPhillips. These companies are involved in all aspects of the oil supply chain from exploration and production through transportation, refining, and retail marketing, both in the U.S. and globally. They are also very large relative to the rest of the industry, and large even when compared to the economy as a whole; in 2011 their revenues were equivalent to over 10% of U.S. gross domestic product. This report examines the financial performance of the five major oil companies for the period 2007-2011. Both the sources and uses of revenue and profit are analyzed. The recent behavior of oil prices and company profits have led to changes in the structure of the market for oil in the U.S. which could have implications for gasoline prices and availability, and energy security. These issues are also analyzed in this report. Tables. This is a print on demand report.

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