A Tale of Two Oil Companies: Aramco & Chevron

A Tale of Two Oil Companies: Aramco & Chevron

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses Saudi Aramco's $2 trillion valuation, highlighting market reactions and the challenges of local versus international investment. It also covers Chevron's $11 billion write down due to natural gas assets and the difficulties faced by US gas producers. Additionally, it examines Exxon's strategy in handling write downs and the challenges in the gas market, including pipeline delays and the impact on prices.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial market reaction to the company's $2 trillion valuation?

The stock price decreased by 5% on the second day

The stock price increased by 10% on the first day

The stock price decreased by 10%

The stock price remained stable

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main goals of Saudi Arabia's local listing of its oil company?

To focus solely on international investors

To reduce local investments

To diversify the economy away from oil

To increase oil production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial challenge did Chevron face related to its natural gas assets?

A $2 billion investment

A $5 billion profit

A $15 billion acquisition

An $11 billion write-down

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the abundance of natural gas in the Permian affect the market?

It decreased gas prices

It stabilized gas prices

It had no effect on gas prices

It increased gas prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant issue for independent gas producers in the US?

High gas prices

Difficulty in building pipelines

Strong balance sheets

Lack of oil reserves