Exxon Mobil
13 named things its latest annual report says its results depend on, each in the company's own words. 10 of them are also named by other companies we've read.
Customers
AI data centers
earns fromOther factors that may affect the demand for oil, gas, petrochemicals or our other products, and therefore our results, include technological improvements in energy efficiency; seasonal weather patterns; increased competitiveness of, or government policy support for, alternative energy sources or potential substitutes for our products; changes in technology that alter fuel choices, such as technological advances in energy storage or other critical areas that make wind, solar, nuclear, or other alternatives more competitive for power generation; government actions to increase strategic reserves to enhance energy security; increased demand for artificial intelligence (AI), including the construction and expansion of AI data centers; changes in customer or consumer preferences for our products, including consumer demand for alternative-fueled or electric transportation or alternatives to plastic products; and broad-based changes in personal income levels.Risk factors (Item 1A)
Also named by ON
Partners and platforms
Joint venture co-venturers
depends onnamed as a riskFor projects in which we are not the operator, we depend on the management effectiveness of one or more co-venturers whom we do not control.Risk factors (Item 1A)
Other companies
OPEC+
named as a riskWorld oil, gas, and petrochemical supply levels can also be affected by factors that reduce available supplies, such as the level of, and adherence by, participating countries to production quotas established by OPEC or OPEC+ and other agreements among sovereigns; government policies, including actions intended to reduce greenhouse gas emissions, that restrict oil and gas production or increase associated production, reporting or compliance costs; collective actions by non-governmental organizations and financial institutions to withhold funding or support from oil and gas producers; the occurrence of wars or hostile actions, including disruption of land or sea transportation routes; natural disasters; disruptions in competitors’ operations; and logistics constraints or unexpected unavailability of distribution channels that may disrupt supplies.Risk factors (Item 1A)
Also named by APA, CHRD, CPAY, CRC, CRGY, DMLP, KMI, KRP and 9 more
Competitors
State-owned oil companies
competes withnamed as a riskWe face competition not only from other private firms, but also from state-owned companies that are increasingly competing for opportunities outside of their home countries and as partners with other private firms.Risk factors (Item 1A)
Places
United States
operates innamed as a riskWe also may be adversely affected by the outcome of litigation, including class actions or arbitrations, especially in countries such as the United States that permit large and unpredictable punitive and non-economic damage awards.Risk factors (Item 1A)
Also named by ABBV, ADP, AJG, AMGN, APA, AXGN, AXP, BALL and 139 more
Hazards
Commodities and inputs
Crude oil
exposed to its pricenamed as a riskAny material decline in oil or natural gas prices could have a material adverse effect on the Company’s operations, results, financial condition, and proved reserves, especially in the Upstream segment.Risk factors (Item 1A)
Also named by AESI, ALK, APA, ARLP, BDX, CFR, CL, CLMT and 48 more
Natural gas
exposed to its pricenamed as a riskOn the other hand, a material increase in oil or natural gas prices could have a material adverse effect on the Company’s operations and results, especially in the Energy Products, Chemical Products, and Specialty Products segments.Risk factors (Item 1A)
Also named by AA, ADM, AEE, AEP, AES, AESI, AGX, ALB and 132 more
Laws and programs
U.S. sanctions
subject tonamed as a riskExxonMobil is subject to laws and sanctions imposed by the United States and by other jurisdictions where we do business that may prohibit ExxonMobil or its affiliates from doing business in certain countries or with certain counterparties or restrict or impede the kind of business that may be conducted, including acquiring and divesting certain assets or importing or exporting certain materials or products.Risk factors (Item 1A)
Technology
Hydraulic fracturing
subject tonamed as a riskTo maintain our competitive position, especially in light of the technological nature of our businesses, the dynamic and rapidly evolving technological landscape, and the need for continuous efficiency improvement, ExxonMobil’s technology, research, and development organizations must be successful and able to adapt to a changing market, regulatory, and policy environment, both nationally and internationally, including continuous improvement in the efficiency of hydraulic fracturing technology and developing technologies to help reduce greenhouse gas emissions.Risk factors (Item 1A)
Carbon capture and storage (CCS)
named as a riskOur ability to develop and deploy CCS and other new energy technologies at commercial scale, and the growth and future returns of LCS and other emerging businesses in which we invest, will depend in part on the development of stable and supportive government policies and markets.Risk factors (Item 1A)
Also named by ADM