CAN BIG OIL PROSPER IN THE ENERGY REVOLUTION?

摘要

Half of the top 10 companies in the IW U.S. 500 make their money from oil and all of them reported lower sales in 2014 than in the previous year. Take the leader of the IW 500, Exxon Mobil. The company has seen its overall sales slip for the past four years, from $471 billion in 2011 to $398 billion in 2014.The No. 2 company in the 2014 listing, Chevron, also saw its revenue slide, from $246 billion in 2011 to $204 billion in 2014. Earning have also been hit. In the first quarter of 2015, Exxon Mobil earned $4.9 billion, down 46% from the same period in 2014.