Exxon Mobil Firm Position and Economic Advantages

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Exxon Mobil
Firm Position
According to a review of its financial statements, Exxon Mobil is relatively competitive in the petroleum business. The company's profitability ratios were 30.9 percent gross profit margin, 8.4 percent operating margin, 11.29 percent pre-tax margin, and 8.51 percent net profit margin (Sönnichsen). Chevron and ConocoPhillips, on the other hand, perform better. Chevron had 42.67 percent gross margins, 11.35 percent operating margins, 13.88 percent pre-tax margins, and a 10% net profit margin. ConocoPhillips, on the other hand, turned out to be the most profitable of the three companies. Exxon's gross margin and operational margin were also lower than the industry average. Chevron and ConocoPhillips both outperformed the average earnings in terms of profitability. In terms of the efficiency ratio in appendix A, ExxonMobil outperformed Chevron but fell short of ConocoPhillips. Exxon had a 14 percent asset utilization rate, whereas ConocoPhillips had a 21.47 percent utilization rate. ExxonMobil had a return on assets of 7%, while ConocoPhillips had a return on assets of 10.54 percent. Similarly, ExxonMobil's return on investment was 8.65 percent, while ConocoPhillips' was 11.89 percent. ExxonMobil's performance was roughly in line with the industry average, but ConocoPhillips outperformed it by a wide margin. ExxonMobil outperforms both Chevron and ConocoPhillips in terms of asset utilization. Its results are also better than the industry average. ConocoPhillips has the largest inventory turnover, while ExxonMobil has the lowest. The examination of ExxonMobil DuPont demonstrates a pretty excellent return on equity, better than Chevron but less than ConocoPhillips. In comparison to its competition, ConocoPhillips appears to be performing exceptio...