The Oil Company DilemmaIn the last few years, energy-producing companies in the US have had somethingof a hard time. Politicians talk about and dump money into renewable energy. Oilproduction in the US is shrinking. OPEC and others are reducing oil production toincrease profit from oil sales.Look at the overall financial performance of ExxonMobil and other largeAmerican oil companies over the last five years. Be specific and be financial. Howmuch revenue? How much profit? What is happening with market capitalization?Identify the top best, most important FINANCIAL action they should take toincrease profit and company value over the next few years.

Please avoid clichs, such as They should sell more oil They should find more oil They should install solar panels They should run more adsImagine that you are working in the finance department of one of thesecompanies. Come up with a plan of action that would provide a significantFINANCIAL improvement.As always, write the paper with care. Proofread. Produce a final document that youwould be proud to present to a senior executive.