What does the beta means in terms of the overall risk of Exxon Mobil
and the implications for raising capital for Exxon Mobil?  Are
interest rates charged by banks or bond investors likely to be high or
low based on the beta?

Suggested Google search strategy:
"high beta" loan risk

You could also research what's typically called the "agency problem"
in finance.  It was a very real economic problem in the 1980s, when
S&Ls with guaranteed  deposits decided to take on very, very risky
investments.  It allowed the managers to reap phenomenal profits until
. . .

Best regards,

Omnivorous-GA