Purchase of XTO
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The purchase of XTO by Exxon is a move to profit from natural gas development and expansion in the United States. As oil becomes harder to find and develop, natural gas will increase in demand. The difference in price between the two means that Exxon can take the enormous profits from their oil business and develop the natural gas segment before prices rise. …
SWOT Analysis Survey
SWOT Opportunity: Purchase of XTO
The purchase of XTO by Exxon is a move to profit from natural gas development and expansion in the United States. As oil becomes harder to find and develop, natural gas will increase in demand. The difference in price between the two means that Exxon can take the enormous profits from their oil business and develop the natural gas segment before prices rise.
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