Profitability Analysis: Chevron Corporation (CVX) VS ExxonMobil Corporation (XOM)
Xingyi Lu
Co-Presenters: Individual Presentation
College: College of Business and Public Management
Major: Accounting (M.S.)
Faculty Research Mentor: Huaibing Yu
Abstract:
The oil and gas industry is one of the most influential sectors in the global economy. Chevron Corporation (CVX) and ExxonMobil Corporation (XOM) are two of the best-known companies in this industry, which have a significant position and extensive influence in the global market. This research project has conducted a comparative analysis of the profitability of these two industry giants to evaluate their financial performance, efficiency and strategic positioning based on various data.The study will focus on key financial metrics such as revenue growth, net income, return on assets (ROA), return on equity (ROE), and profit margins. In addition, many external factors affecting profitability will be considered, including crude oil price fluctuations, environmental regulations and political influences. By examining their financial statements, annual reports and market trends, this study aims to identify which companies show potential and resilience in the evolving energy sectorFurthermore, the project will explore how Chevron and ExxonMobil adapt to challenges such as the global energy transition, the push for renewable energy, and corporate sustainability efforts. By incorporating both historical financial data and current industry developments, this study will provide a comprehensive comparison of their profitability and future growth potential. The findings will offer valuable insights into investment decisions, corporate strategies, and the broader implications for the oil and gas industry.