Slide 1: Treasurer's Department 2005/06 Recruiting
Treasurer’s Department 2005/06 Recruiting
Slide 2: Global Energy Industry
Global Energy Industry Growth – World oil and gas demand growing – Chemical business expanding – Independent power growing Dynamic Environment – Rapid advances in technology – Competitive landscape changing dramatically Abundant Opportunities – Vast new areas being opened up for development – Emergi
Slide 3: Industry Themes
Industry Themes Financial Objectives Constancy of Purpose – Shareholder value – Capital intensive business – Financial strength/flexibility – Long term horizon – High return on capital employed – Geopolitical dynamics Consolidation Technology – Economies of scale – Alternative fuels – Geographical d
Slide 4: 2004 Financial Highlights
2004 Financial Highlights Financial - 20 year shareholder return: 16%/yr. - Assets: $195 billion - Revenues: $298 billion (‘04) # 2 Fortune Global 500 - Net Income: $25.3 billion (‘04) $15.5 billion (1H’05) #1 Fortune Global 500 - One of seven AAA-rated US companies - Largest non-government owned pe
Slide 5: Employing Cutting Edge Technology
Employing Cutting Edge Technology 5
Slide 6: Keys To Our Success
Keys To Our Success Strategies, Operating Philosophies and Competitive Strengths - Strategies − Disciplined approach to capital investment − Profitable growth in selected areas and businesses − Most efficient competitor − Leading-edge technologies − Operational excellence − Continuous improvement -
Slide 7: ExxonMobil at a Glance
ExxonMobil at a Glance Exxon Mobil Corporation (Worldwide HQ in Irving, Texas) Upstream Chemicals Downstream (Houston, TX.) (Houston, TX.) (Fairfax, VA.) Exploration Refining & Supply Development Fuels Marketing Production Lubricants & Petroleum Gas Marketing Specialties Research and Engineering Ups
Slide 8: Scope of Operations: 200 countries
Scope of Operations: 200 countries Sales Net Income Upstream (~40 countries) ~10% ~65% − Resource base of 73 billion oil equivalent barrels − Proved reserves: 22 billion oil equivalent barrels − World’s largest non-government gas producer − World’s largest non-government gas reserves holder − Indust
Slide 9: International Exposure
International Exposure - More than two thirds of ExxonMobil’s assets are outside the U.S. - Wide range of complex financial and managerial challenges Norway U.K. Sakhalin Azerbaijan Netherlands Kazakhstan Calgary Toronto Germany Belgium France Italy Qatar Virginia Texas Bermuda Japan Venezuela Hong
Slide 10: The Business Environment
The Business Environment - Capital-intensive – $113 billion in capital employed - Long-term, high risk opportunities - Significant risk to manage - forex - tax/fiscal/legal - inflation - environmental - physical - interest rate - cost - political - price - technology - Size and diversity tend to ste
Slide 11: Corporate Treasurer's Organization
Corporate Treasurer’s Organization Vice President and Treasurer Assistant Treasurer Global Shared & Corporate Services Business/Credit Services Global Risk Benefits Affiliate Corporate Cash Mgmt./ Finance Finance Upstream Chemicals Dwnstrm Mgmt. Insurance & Treasurer Treasurer Treasurer Capital Invs
Slide 12: Our Challenge - Financing The Business
Our Challenge - Financing The Business - Enhance shareholder returns through prudent use of leverage - Manage capital structure to avoid constraints on the business - Minimize financing costs while balancing risk - Manage cash flows centrally to minimize risk and maximize return - Undertake attracti
Slide 13: ExxonMobil Treasury Careers
ExxonMobil Treasury Careers Maximizing Your Potential First few years • Many start in HQ - Dallas, Texas • Assignments in: — Capital Markets & Planning — Risk Mgmt & Insurance — Affiliate Finance — Global Cash Mgmt — Benefits Finance & Investment Next few years • Assignments in Business Services / R
Slide 14: ExxonMobil Treasury Careers
ExxonMobil Treasury Careers Designed for long-term growth - Focus on executive development - Promotion from within; development through job rotation - Development and high expectations to achieve personal success - Collegial, supportive peer environment - Employees are partners in career decisions -
Slide 15: Projects in Corporate HQ in Irving
Projects in Corporate HQ in Irving - Capital Markets & Planning - Benefits Finance & Investment — Capital structure — Funding policies — Competitor analysis — Investment strategies — Debt portfolio management — In-house asset management Scope: $16G Capex Scope: $35G Benefit Obligations $9G Consolida
Slide 16: $600 Million Chad Cameroon Project Finance
$600 Million Chad Cameroon Project Finance - Project to develop and transport landlocked oil – 1 billion barrels recoverable oil – Requires 650 mile pipeline through Cameroon – Total project cost: $3.7 billion - Objective: Mitigate project risk - Financing is highly complex – Gov’t multilateral – Do
Slide 17: ExxonMobil Culture
ExxonMobil Culture - Analytical, intellectual, probing - Long-term approach - Unwavering ethics - Collegial - partners with colleagues, operations and senior management - Consensus building - Premium on candor - Independent-minded - Many investment banking functions managed in-house - Dedication to
Slide 18: Why ExxonMobil?
Why ExxonMobil? Unparalleled Opportunity - Unrivaled international opportunities for people with strong financial backgrounds - Dynamic, capital-intensive, technology-driven industry - Challenging career opportunities with global scope - Commitment to long-term career growth - Opportunities aligned
Slide 19: ExxonMobil Financial Management Careers
ExxonMobil Financial Management Careers What we are looking for ... - Well-developed communications and interpersonal skills - Excellent analytical skills - Geographic mobility - Creativity and innovation - Demonstrated leadership capability - Flexibility to handle multiple tasks 19