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  • November 2003 (Revised May 2016)
  • Case
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Weetman Pearson and the Mexican Oil Industry (A)

By: Geoffrey Jones and Lisa Bud-Freirman
  • Format:Print
  • | Language:English
  • | Pages:20
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Abstract

Taught in the MBA Evolution of Global Business course, a business history course on the growth of multinationals. Explores the role of the British entrepreneur Weetman Pearson in developing the Mexican oil industry before 1914. Shows this entrepreneur's evolution from a domestic British builder to an international contractor, building tunnels, railroads, and harbors worldwide, including the United States and Mexico. In Mexico, where Pearson developed close relations with the dictator Porfirio Diaz, the government awarded large oil concessions. In 1910, Pearson discovered one of the world's largest oil wells, and this was used as a basis to build an integrated oil company. But by 1918—when the case ends—Pearson is considering whether to sell his investment in the face of growing political risk.

Keywords

History; Risk and Uncertainty; Non-Renewable Energy; Growth Management; Multinational Firms and Management; Entrepreneurship; Investment; Developing Countries and Economies; Energy Industry; Mexico

Citation

Jones, Geoffrey, and Lisa Bud-Freirman. "Weetman Pearson and the Mexican Oil Industry (A)." Harvard Business School Case 804-085, November 2003. (Revised May 2016.)
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About The Author

Geoffrey G. Jones

General Management
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Related Work

    • January 2004 (Revised August 2015)
    • Faculty Research

    Weetman Pearson and the Mexican Oil Industry (B)

    By: Geoffrey Jones and Lisa Bud-Freirman
    • November 2003 (Revised May 2016)
    • Faculty Research

    Weetman Pearson and the Mexican Oil Industry (A)

    By: Geoffrey Jones and Lisa Bud-Freirman
Related Work
  • Weetman Pearson and the Mexican Oil Industry (B) By: Geoffrey Jones and Lisa Bud-Freirman
  • Weetman Pearson and the Mexican Oil Industry (A) By: Geoffrey Jones and Lisa Bud-Freirman
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