Alma McCauley

04/18/2009
Publicly Traded Company Profile Assignment

1. Exxon Mobil, whose stock is currently traded on the NYSE as XOM, is a huge company, with the
highest revenue of companies in 2008. It is currently involved in tort and negligence litigation
from issues arising out of Indonesia regarding its security employees there, who are accused of
torturing and kidnapping, abusing, and murdering private citizens.
http://www.cmht.com/cases_exxonmobilaceh.php

2. For five consecutive days, beginning April 13 th, the closing price of Exxon’s stock was $68.02, on
April 14th $67.70, next day $68.14, on April 16 th $67.41, and on April 17th 66.75. The stock traded
at the lowest in the last year on March 6, 2009 at 61.86 a share and the high was 96.12 on May
21, 2008. The stock does pay a quarterly dividend at .40 cents a share, in February, May,
August, and November.
http://finance.yahoo.com/q/hp?s=XOM

3. There are several articles dealing with Exxon Mobil stock, particularly in the last few days since
it topped the list of the recently released Fortune 500 rankings. Several articles can be found
online concerning this subject, including the following:
Exxon Mobil Tops 2009 Fortune List for Highest Revenue in 2008
http://www.transworldnews.com/NewsStory.aspx?id=84447&cat=8
Fortune 500: Exxon Bumps Wal-Mart; Progress Energy Tops Triangle
http://triangle.bizjournals.com/triangle/stories/2009/04/20/daily9.html
Exxon Mobil Beats Wal-Mart in 2009 Fortune 500 List
http://www.foxnews.com/story/0,2933,517112,00.html
Exxon Mobil Overtakes Wal-Mart to Top Fortune 500
http://www.kidk.com/news/business/43277912.html

4. The previously mentioned headlines placing Exxon at the top of Fortune’s 500 ranking will drive
it stock’s price up, I imagine.

5. In Doe v. Exxon, Exxon hired security guards who were soldiers in Indonesia to guard an oil field.
Indonesian residents filed a suit against Exxon, claiming people were abused, tortured, and
murdered by the armed soldier security guards while acting under the scope of employment
under Exxon. There are several issues at stake, including whether the soldiers actions were in
connection with their employment, making Exxon vicariously liable for their acts. Also to be
considered is whether Exxon or its subsidiary or contractor in Indonesia was negligent in hiring
and supervising the soldiers, who may have already had an inclination towards violent acts,
whether a subsidiary is an agent of a main corporation, whether a US District court should hear
the case under the Alien Tort Claims Act, as well as many other issues.
Doe v. Exxon Mobil Corp., 573 F.Supp.2d 16 (D.D.C., 2008)