Being one of the largest companies in the world and operating in a politically incorrect industry has made Exxon Mobil (NYSE:XOM) a target of many special interest groups and ambitious politicians, hoping to raise money for their cause or secure the next term in office.
Add to that the challenge of an unprecedented low-price oil and gas environment, and it definitely testing the foundations of the company as it takes a number of hits from different sources, while at the same time attempting to keep the company moving forward.
The upstream business of the company has obvious headwinds from the low prices, but recent developments in the refining side of the business, which has offset some of the upstream weakness, is starting to show a few cracks of its own.
It was recently reaffirmed concerning its credit rating, but that could change in a couple of years because of one credit agency saying it could downgrade the company if things continue on as they are.
more on outlook for ExxonMobil