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Exxon Mobil
-7.17%
Energy / Oil and gas
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Exxon Mobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil Company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. The company is one of the world's largest publicly traded international oil and gas companies, with operations in over 200 countries and territories.
Exxon Mobil's primary business is the exploration, production, transportation, and sale of crude oil and natural gas. They also produce petrochemicals, lubricants, and other chemicals. The company is organized into three business segments: Upstream, Downstream, and Chemical.
The Upstream segment is responsible for exploring, developing, and producing oil and gas reserves. This includes operations in unconventional resources such as shale oil and gas and tar sands. The Downstream segment is involved in the refining, marketing, and transportation of petroleum products. This includes the sale of fuels and lubricants under the Exxon, Mobil, and Esso brand names. The Chemical segment produces and sells basic petrochemicals, including olefins, aromatics, polyethylene, and polypropylene. These products are used in a wide range of industries, including packaging, plastics, and automotive.
Exxon Mobil is also committed to sustainable development and includes environmental and social considerations in their business decisions. They have implemented programs to reduce emissions, conserve energy, and protect biodiversity. The company is also actively involved in various social and community development projects in the areas where they operate.
Exxon Mobil has faced criticism for its role in contributing to climate change and its stance on renewable energy. In recent years, the company has made efforts to address these concerns through investments in renewable energy research and development and setting emissions reduction targets.
Overall, Exxon Mobil is one of the largest and most influential companies in the energy industry, with a global presence and a long history of success in the market.
Exxon Mobil's primary business is the exploration, production, transportation, and sale of crude oil and natural gas. They also produce petrochemicals, lubricants, and other chemicals. The company is organized into three business segments: Upstream, Downstream, and Chemical.
The Upstream segment is responsible for exploring, developing, and producing oil and gas reserves. This includes operations in unconventional resources such as shale oil and gas and tar sands. The Downstream segment is involved in the refining, marketing, and transportation of petroleum products. This includes the sale of fuels and lubricants under the Exxon, Mobil, and Esso brand names. The Chemical segment produces and sells basic petrochemicals, including olefins, aromatics, polyethylene, and polypropylene. These products are used in a wide range of industries, including packaging, plastics, and automotive.
Exxon Mobil is also committed to sustainable development and includes environmental and social considerations in their business decisions. They have implemented programs to reduce emissions, conserve energy, and protect biodiversity. The company is also actively involved in various social and community development projects in the areas where they operate.
Exxon Mobil has faced criticism for its role in contributing to climate change and its stance on renewable energy. In recent years, the company has made efforts to address these concerns through investments in renewable energy research and development and setting emissions reduction targets.
Overall, Exxon Mobil is one of the largest and most influential companies in the energy industry, with a global presence and a long history of success in the market.
What is special about the company?
1. Global Presence: Exxon Mobil is the world's largest publicly traded international oil and gas company with operations in more than 70 countries.
2. Reputable Brand: The company has a strong reputation in the industry, known for its innovation, efficiency, and expertise in the oil and gas sector.
3. Integrated Operations: Exxon Mobil has a vertically integrated business model, meaning it is involved in all aspects of the oil and gas value chain from exploration and production to refining and marketing.
4. Diverse Product Portfolio: The company is not only focused on oil and gas, but also has a strong presence in petrochemicals, lubricants, and other specialty products.
5. Technological Advancements: Exxon Mobil is a leader in research and development, constantly investing in new technologies to improve efficiency and sustainability in its operations.
6. Strong Financial Performance: The company consistently ranks among the top corporations in the world in terms of revenue and profits.
7. Commitment to Sustainability: Exxon Mobil has a strong commitment to environmental sustainability and has invested billions of dollars in developing cleaner energy sources and reducing the environmental impact of its operations.
8. Corporate Social Responsibility: The company has a long history of supporting and investing in communities where it operates, including investing in education, healthcare, and environmental conservation.
9. Strong Safety Culture: Exxon Mobil has a robust safety culture and is committed to protecting the health and safety of its employees and the communities in which it operates.
10. Strong Leadership: The company is known for its strong and experienced leadership team, with a focus on long-term strategy and sustainable growth.
2. Reputable Brand: The company has a strong reputation in the industry, known for its innovation, efficiency, and expertise in the oil and gas sector.
3. Integrated Operations: Exxon Mobil has a vertically integrated business model, meaning it is involved in all aspects of the oil and gas value chain from exploration and production to refining and marketing.
4. Diverse Product Portfolio: The company is not only focused on oil and gas, but also has a strong presence in petrochemicals, lubricants, and other specialty products.
5. Technological Advancements: Exxon Mobil is a leader in research and development, constantly investing in new technologies to improve efficiency and sustainability in its operations.
6. Strong Financial Performance: The company consistently ranks among the top corporations in the world in terms of revenue and profits.
7. Commitment to Sustainability: Exxon Mobil has a strong commitment to environmental sustainability and has invested billions of dollars in developing cleaner energy sources and reducing the environmental impact of its operations.
8. Corporate Social Responsibility: The company has a long history of supporting and investing in communities where it operates, including investing in education, healthcare, and environmental conservation.
9. Strong Safety Culture: Exxon Mobil has a robust safety culture and is committed to protecting the health and safety of its employees and the communities in which it operates.
10. Strong Leadership: The company is known for its strong and experienced leadership team, with a focus on long-term strategy and sustainable growth.
What the company's business model?
Exxon Mobil Corporation, also known as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the world's largest publicly traded international oil and gas company and operates in over 200 countries.
The company's business model can be summarized as follows:
1. Exploration and Production: This is Exxon Mobil's core business. It involves finding and extracting oil and gas reserves from the ground, both onshore and offshore. The company has exploration and production operations in various countries, including the United States, Canada, Argentina, Brazil, Russia, Nigeria, and many others.
2. Refining: Exxon Mobil also has a significant presence in the refining industry. It operates 20 refineries across the world, with a total refining capacity of approximately 4.8 million barrels of oil per day. The company's refineries process crude oil into various petroleum products, such as gasoline, diesel, jet fuel, and lubricants.
3. Chemicals: Exxon Mobil is a major producer of chemicals used in various industries, such as plastics, rubber, and adhesives. The company has manufacturing facilities in over 30 countries and produces a wide range of chemical products, including ethylene, propylene, polyethylene, and polystyrene.
4. Marketing and Retail: Exxon Mobil also has a significant retail business, selling fuel and motor oils through its extensive network of more than 21,000 branded service stations in over 30 countries. It also operates convenience stores and offers various other services, such as car washes and tire inflation.
5. Investments: The company also makes strategic investments in energy projects and ventures around the world. These investments include partnerships and joint ventures with other companies, as well as research and development initiatives aimed at developing new technologies and products.
In summary, Exxon Mobil's business model is based on exploring, producing, refining and selling oil and gas products, while also diversifying into other areas, such as chemicals, retail, and investments. The company's operations are global, and it aims to maintain a balance between its upstream and downstream businesses.
The company's business model can be summarized as follows:
1. Exploration and Production: This is Exxon Mobil's core business. It involves finding and extracting oil and gas reserves from the ground, both onshore and offshore. The company has exploration and production operations in various countries, including the United States, Canada, Argentina, Brazil, Russia, Nigeria, and many others.
2. Refining: Exxon Mobil also has a significant presence in the refining industry. It operates 20 refineries across the world, with a total refining capacity of approximately 4.8 million barrels of oil per day. The company's refineries process crude oil into various petroleum products, such as gasoline, diesel, jet fuel, and lubricants.
3. Chemicals: Exxon Mobil is a major producer of chemicals used in various industries, such as plastics, rubber, and adhesives. The company has manufacturing facilities in over 30 countries and produces a wide range of chemical products, including ethylene, propylene, polyethylene, and polystyrene.
4. Marketing and Retail: Exxon Mobil also has a significant retail business, selling fuel and motor oils through its extensive network of more than 21,000 branded service stations in over 30 countries. It also operates convenience stores and offers various other services, such as car washes and tire inflation.
5. Investments: The company also makes strategic investments in energy projects and ventures around the world. These investments include partnerships and joint ventures with other companies, as well as research and development initiatives aimed at developing new technologies and products.
In summary, Exxon Mobil's business model is based on exploring, producing, refining and selling oil and gas products, while also diversifying into other areas, such as chemicals, retail, and investments. The company's operations are global, and it aims to maintain a balance between its upstream and downstream businesses.
Interesting facts about the company
1. Exxon Mobil is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest publicly traded oil and gas company in the world.
2. The company was formed in 1999 through the merger of Exxon Corporation and Mobil Corporation.
3. The company’s roots can be traced back to John D. Rockefeller’s Standard Oil Company, which was founded in 1870 and later broken up into several smaller companies, one of which was Exxon.
4. The name Exxon was chosen for the company after a global survey showed that it was easy to pronounce in most languages and had no negative connotations.
5. The company is involved in all aspects of the oil and gas industry, including exploration, production, transportation, and refining.
6. Exxon Mobil has a presence in over 50 countries, with operations in six continents.
7. The company has a diverse portfolio of assets, including oil and gas reserves, chemical plants, and LNG facilities.
8. Exxon Mobil has been ranked as one of the top Fortune 500 companies for the past 25 years, currently sitting at number 2 on the list.
9. The company has faced numerous controversies over the years, including concerns over environmental impact and climate change.
10. Exxon Mobil has a long history of research and development, with over 4,000 active patents related to technology and innovation in the oil and gas industry.
11. The company is a major contributor to the global economy, generating over $250 billion in revenue in 2020.
12. In addition to its core business, Exxon Mobil is also involved in philanthropy and has donated over $1 billion to various causes since 2005.
13. The company has a strong commitment to safety and has invested heavily in developing and implementing safety protocols to protect its employees and the environment.
14. Exxon Mobil has been recognized for its efforts in diversity and inclusion, with various accolades and awards for promoting diversity in its workforce.
15. The company is constantly looking for ways to innovate and improve its operations, including investing in renewable and alternative energy sources.
See Company Due Diligence:
2. The company was formed in 1999 through the merger of Exxon Corporation and Mobil Corporation.
3. The company’s roots can be traced back to John D. Rockefeller’s Standard Oil Company, which was founded in 1870 and later broken up into several smaller companies, one of which was Exxon.
4. The name Exxon was chosen for the company after a global survey showed that it was easy to pronounce in most languages and had no negative connotations.
5. The company is involved in all aspects of the oil and gas industry, including exploration, production, transportation, and refining.
6. Exxon Mobil has a presence in over 50 countries, with operations in six continents.
7. The company has a diverse portfolio of assets, including oil and gas reserves, chemical plants, and LNG facilities.
8. Exxon Mobil has been ranked as one of the top Fortune 500 companies for the past 25 years, currently sitting at number 2 on the list.
9. The company has faced numerous controversies over the years, including concerns over environmental impact and climate change.
10. Exxon Mobil has a long history of research and development, with over 4,000 active patents related to technology and innovation in the oil and gas industry.
11. The company is a major contributor to the global economy, generating over $250 billion in revenue in 2020.
12. In addition to its core business, Exxon Mobil is also involved in philanthropy and has donated over $1 billion to various causes since 2005.
13. The company has a strong commitment to safety and has invested heavily in developing and implementing safety protocols to protect its employees and the environment.
14. Exxon Mobil has been recognized for its efforts in diversity and inclusion, with various accolades and awards for promoting diversity in its workforce.
15. The company is constantly looking for ways to innovate and improve its operations, including investing in renewable and alternative energy sources.
See Company Due Diligence:
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