Beijing time on June 6 evening, wealth, Chinese and English web launched worldwide in the American top 500 enterprises in 2016. Overall, the list companies gross income of $500 and $11.99 trillion, accounts for two-thirds of GDP in the United States, but compared with the previous year’s $12.52 trillion, is still lower.
On the list this year, the overall threshold is slightly lower, from $5.19 billion to $5.13 billion. Which, wal-mart, although profits dropped 10.2% from a year earlier, but still with an income of $482.13 billion to successfully defend the top, to achieve "crown"; Apple in the top three for the first time, and the profit in all ranks the first in the company; Amazon has for the first time into the top 20, ranked 18th, as much as $280 billion in market value has exceeded the wal-mart ranked first.
At present, the world economy overall weak recovery. All enterprises in the list this year, there are 55 unrealized profits and losses totalled $131.6698 billion. To make matters worse, affected by low oil prices, energy become a major disaster area of losses - Chesapeake energy losses of $14.685 billion, Devon energy losses of $14.454 billion, Salesforce.com has lost $47.4 million software services company.
Specific to the oil company, oil giant exxon mobil while keeping the list of the second, but revenue dropped 35.6% from a year earlier, the profit margin than the same period decreased by 50.3%; Chevron’s situation is not optimistic, not only has dropped out of the top 10, now at the top of the 14th, and profits fell 76.2% from a year; In the list, ranked last year 25 marathon oil company’s operating income by 29.4%, is now ranked 42nd; Conocophillips, down from last year’s ranking 51 to 90, revenues from the previous year by 44.8%, with losses totaling $4.428 billion; Ranking of the western oil companies in the United States before the 115th dropped to 225th.
Exxon mobil’s business strategy and daily management always is famous for its steady, strong ability to deal with the risk as a whole. However, according to its reported earnings in the first quarter of this year, the company in the first quarter net profit fell, fell 63% to $1.81 billion, the lowest in 17 years of single quarter. With a lot of oil and gas companies choose to reduce capital spending, cut costs, is only in the first quarter of this year, exxon mobil’s capital spending was decreased by 33% from a year earlier.
As of September 30, 2015, chevron has sold $11 billion of assets, this is the part of three years to sell $15 billion in assets plan. Also affected by oil and gas prices fell sharply, the company lost $725 million in the first quarter of this year, compared with the same period last year was $2.57 billion profit, revenue from $34.56 billion to $23.55 billion, less than market expectations.
Conocophillips has production from last year’s 1.61 million barrels of oil equivalent a day to 1.578 million barrels of oil equivalent, but unlike profit of $272 million, company has losses of $1.5 billion in the first quarter of this year.
According to western oil companies in the United States recently announced the results show that, under the help of a tax revenue, the company total sales in the first quarter fell 26% year-on-year, but to achieve the profit. Under the environment of low energy prices, the company is now in the further efforts to optimize the portfolio and cut costs. (reporter)
