Exxon Mobil : A Great Stock For Beginner Investors

1666 Words Nov 19th, 2014 7 Pages
Exxon Mobil is the one of the largest publicly traded corporations in the world with a market capitalization of nearly $410 billion. Primarily in the oil and gas extracting as well as refining business, it is one of the largest super-majors in the world. Employing over 82,000 people it runs operations worldwide, with its headquarters located in Irvine, Texas. Exxon Mobil is a committed company with good corporate culture and a great code of ethics. The ethics of the company lead it to have vested interest in research and development while still focussing on making a profit in the large and profitable oil industry. Exxon Mobil is a great stock for beginner investors because of its security, ethics, innovative ideas, and great stock records.
Investing in ExxonMobil is great for a number of reasons but as beginner investors in the stock market it is particularly great because of its level of security, low risk, and great stock dividend yields. ExxonMobil Corporation is the largest publicly traded stock in North America which leads the company to have a lot of power and influence on the market with a very little number of companies that can affect it in terms of competition. In order for ExxonMobil to see any sort of serious economic downturn, like a stock crash, there would have to be a significant paradigm shift within the market. An example might be electric car ownership becoming a law in North America, resulting in the oil and gas market being wiped out for everyday…

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