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ExxonMobil aspires to be the largest global petroleum and Petrochemical Corporation in terms of revenue and market share. ExxonMobil has evolved from a small kerosene exporter to a global leader in sophisticated natural gas and petroleum innovation, as well as one of the biggest global first public offerings (IPO) firms. ExxonMobil is a leading company in practically every sector of the natural gas and petroleum industries, and they run factories or sell goods in nearly every country on the planet. This company also hunts for petroleum products all around the continents, and they face a wide range of problems. ExxonMobil is doing analysis and creating upcoming innovations at this time.

Across the globe, ExxonMobil distributes gasoline, lubricating oils, and chemical products under its product lines, which are Exxon, ExxonMobil, Esso, and Mobil. As one of the globe’s three major exploration and production companies, this company invests in a variety of industries, including nuclear fuel, oil and gas production, coal, and ore mining and processing. The main headquarter of ExxonMobil is located in Irving, TX, United States.

General Information

HQ: 5959 Las Colinas Blvd, Irving, Texax, United States
Zip code: 75039
Traded as: NYSE: XOM
Industry: Energy, Oil and gas
Founded: November 30, 1999
Products: Crude oil, Oil products, Natural gas, Petrochemicals and Power generation
Brands: Coolanol, Esso, Exxon, Mobil, On the Run, Speedpass
Website: corporate.exxonmobil.com
Business data: Google Finance / Yahoo! Finance / SEC filings

Where is ExxonMobil headquarters located?

The main headquarter of ExxonMobil is located in Irving, TX, United States. ExxonMobil currently has up to 12,140 different locations in the US, according to the company’s website. In terms of ExxonMobil centers in the US, Texas has the most numbers of ExxonMobil locations, with 1,949 locations, accounting for 16 percent of all the company’s locations in the United States.

How do I contact ExxonMobil corporate?

You can contact ExxonMobil corporate by vising their website: www.ExxonMobil.com, and then click on the “Contact US” page. You can also contact ExxonMobil corporate via their phone number:
+1 972 940 6000.

You can email Exxon via their mail: [email protected]. The contact number of ExxonMobil Human Resources is +1 888 739 2730.

What does ExxonMobil do?

Exxon Mobil is a company that is involved in the power industry. The Company is involved in the discovery, generation, commerce, logistics, and sale of oil and gas production, as well as the transporting, manufacturing, and sale of crude oil, natural gas, petrochemical products, petroleum products, and a variety of other high-value products. The Company is headquartered in Houston, Texas. Downstream, Chemical, Upstream, and Corporate and Financing are the business divisions that make up the company. The Upstream sector is responsible for searching for and transporting crude oil and natural gas.

The Downstream industry produces, distributes, and sells petroleum-related products. The processing and delivery activities are comprised of a multinational network of manufacturing plants, transportation networks, and logistics that provide a wide range of fuels, lubricating oils, and other products and renewable sources to customers all over the globe. The Chemical department is responsible for the production and distribution of aromatics, polyolefins, olefins, and a variety of various petrochemicals are all available via the Chemical Company.

Company History

A great business giant, ExxonMobil‘s history is one of success and failure history. All of this began in 1870 with the founding of Standard Oil by John D. Rockefeller. As a result of its enormous expertise in political methods and harsh commercial ethics, Standard Oil controlled 95 percent of the refineries in the United States in 1878. When Standard Oil executives were prosecuted for breaching state antitrust laws in 1989, the corporation’s entrepreneurial spirit was severely tested. Although Standard Oil was not found guilty, this marked the start of some measures to curtail the company’s dominance.

ExxonMobil headquarters
ExxonMobil, Houston Texas, USA. Enhanced by headquartersoffice.com

The Standard Oil Trust was established in the year 1882. It was created to get around Ohio regulations that restrict the possession of enterprises owned by people who live outside the state. In 1911, the Supreme Court of the United States ordered the division of Standard Oil Trust into 34 separate corporations. In contrast, the group of proprietors stayed quite constant.
Over the years, the two firms have expanded their operations to include operations all over the globe.

This corporation had a strong link with I.G. Farben and made use of the labor provided by concentration camps. This is no longer a hidden fact for anybody. ExxonMobil understands that customers may be highly accommodating when it comes to this tale, which some people find troubling. ExxonMobil’s forerunner is remembered mostly for its increased sophisticated endeavors to supply the Allied war effort, instead of for its horrible links to the fascist genocidal rule, which helped establish a reputable brand name for the company.

In 1955, Socony Vacuum changed its name to Socony Mobil Oil Co., and in 1966, it became Mobil Oil Corporation. Jersey Standard Company was renamed Exxon Corporation in 1972, and Exxon became a nationally recognized brand. In other regions of the globe. Research and production in Africa, the Gulf of Mexico, and Asia beyond the Middle East reached a peak in the 19th century, thanks to efforts by Mobile, Exxon, and other corporations.

Exxon’s forerunner had never had a severe issue before, but the 1989 Exxon Valdez oil disaster left Exxon with possibly the most publicized controversy in the company’s history. In 1998, Exxon and Mobil came together. The merger was finalized in November 1999 with the agreement of stockholders and regulatory bodies.

ExxonMobil Company Profile

Exxon Mobil is an incorporated petroleum exploration and Production Company that explores, generates, and mines crude oil and natural gas. ExxonMobil is headquartered in Houston, Texas, United States. This company is involved in the refinement of crude oil.

Extraction, transportation, trade, and distribution of petroleum products are all included in the services of this company. This corporation is also a manufacturer of basic as well as finished lubricants for a variety of applications. Apart from that, the corporation also produces and sells fundamental petrochemical products as well as polyethylene plastics, and a variety of high-quality products.

A network of production facilities, transportation networks, and distribution locations allows it to do business. Asia Pacific, Latin America, North America, the Middle East, Europe, and Africa are all covered by the company’s offices.

ExxonMobil CEO and Key Executive Team

Name Designation
Darren W. Woods Chief Executive Officer, Chairman
James M. Spellings Vice President, General Tax Counsel, Treasurer
Jack P. Williams Senior Vice President
Kathryn A. Mikells Chief Financial Officer
Linda D. DuCharme President
Source: corporate.exxonmobil.com, corporate.exxonmobil.com, corporate.exxonmobil.com

What makes ExxonMobil successful?

ExxonMobil is the world’s biggest publicly traded worldwide oil and gas corporation, and it is committed to employing technology and innovation to fulfill the world’s expanding energy needs. The corporation, which has an industry-leading inventory of resources, is one of the world’s biggest integrated refineries, petroleum product marketers, and chemical producers, and it is headquartered in Houston, Texas. Despite operating in a low-cost oil market, ExxonMobil maintains a profitable position because of low-cost reserves derived from its investments in oil sands and liquefied natural gas.

In order to better serve customers, the firm is organized into three segments: upstream, downstream, and chemical. What distinguishes this company from its rivals is the integration of all three sectors, which results in synergies that maximize value while also providing flexibility to seize new possibilities.

Top 5 Biggest Exxon Mobil Corporation competitors or Alternative

ExxonMobil top competitors or alternatives

1. Chevron

Chevron is an oil company with major activities in both the upstream and downstream sectors that operate smoothly. The petroleum industry is performed by the upstream sector, while the downstream sector is involved with refining, distribution, and marketing petroleum-based goods.

Chevron also has a presence in non-energy areas such as chemical manufacture and mining, as well as in technological advancement and research & development.

2. Shell

Shell has an average of about 90,000 workers in over 70 countries around the world, making it the world’s largest oil and Petrochemical Corporation. Shell employs cutting-edge innovation and strategy to create the renewable energy infrastructure of the future.

Moreover, for more than 40 years, Shell has been a pioneer in gas exploration, manufacture, and gas delivery to local customers as well as international markets.

3. BP

BP is one of the biggest ExxonMobil competitors that deal with one of the globe’s major oil and gas businesses, with operations in over 100 countries. It is estimated that this oil and gas company has confirmed petroleum products corresponding reserves of around 15 million gallons.

This top oil and gas company is engaged in the exploration, production, and sale of petroleum products, fuels, lubricants, wind energy, and biofuel.

4. Valero Energy

Valero Energy is a worldwide manufacturer and distributor of petroleum products based in Texas, with its corporate headquarters in Houston. Valero’s business, which is one of the world’s largest international oil refiners, is primarily focused on crude oil refining rather than mining and exporting goods via its 6,000 retail stores. Valero is one of the world’s largest international oil refiners.

5. Schlumberger

Schlumberger is a technology business that collaborates with customers in order to get access to natural gas and other energy resources. Schlumberger, which employs people from more than 160 different countries, delivers cutting-edge digital solutions and leverages innovative technology to enhance the performance and long-term profitability of the global energy sector, among other things.

FAQ’s

When did ExxonMobil go public?

ExxonMobil went public in 1920, as it was listed on the NYSE (New York Stock Exchange) that year. Currently, Exxon Mobil is the world’s largest publicly traded oil and gas company. The current IPO price for ExxonMobil is 70.84 USD. This oil and gas company is publicly traded on New York Stock Exchange with the stock symbol “XOM”. ExxonMobil stock symbol was gotten when they were listed on the New York Stock Exchange (NYSE).

Does ExxonMobil pay dividends?

Yes, ExxonMobil pays dividends. This oil and gas company paid the third quarter cash dividend of $ 0.88 per on the regular stock. This dividend was payable to all stockholders on September 10, 2021.

The dividend for the third quarter of 2020 is the same as the payout for the second quarter of 2021. For more than a century, the corporation has distributed profits to shareholders in the form of dividends.

Can you buy stock directly from Exxon?

Yes, you can buy stock directly from Exxon.

ExxonMobil is one of several big corporations that provide direct stock purchase options, which are particularly popular with small and medium-sized businesses. The minimum investment and transaction costs should be kept to a bare minimum under this approach.

Investing in stocks of corporations such as ExxonMobil (XOM) may be done totally online via low-cost (or even no-fee) brokers. You will, however, need to choose an internet broker that can provide you with the option of purchasing shares on the NASDAQ market.

Who is the auditor of ExxonMobil?

The ExxonMobil Audit Committee has appointed PricewaterhouseCoopers LLP (“PwC”) to audit ExxonMobil’s monetary statements for 2020.

How much does ExxonMobil spend on R&D?

ExxonMobil was expected to spend up to $1 billion on research and development in 2020, according to the company. This is a reduction from the previous year when expenditure reached a high of $ 1.3 billion.

The expenses of research and development in the petroleum sector are not as expensive as they are in some other significant industries. For instance, the chemical sector invests around 3% of its total revenues on R & D each year. Pharmaceutical corporations are increasing their expenditures even more.

ExxonMobil, on the other hand, generated an operating profit that was more than 150 times greater than its research and development costs. Exploration expenditures, on the other hand, are often recorded separately and are typically larger than R & D costs.

How do I get an Exxon receipt?

You may choose how you want to get your receipt from the “Notifications” section of the “Accounts” section. Email or pump receipts are also acceptable methods of receiving receipts. Whichever option you opt-in for, your transaction history will be shown in the Payment History area of your account.

Is ExxonMobil the largest oil company in the world?

ExxonMobil was formerly the biggest oil corporation in the world in 2013, according to the World Oil Rankings. According to Forbes, this oil and gas firm is presently the third-largest oil corporation in the world, and it is headquartered in Houston, Texas.

However, this company is one of the largest publicly traded oil and gas companies in the world. But, according to the ranking of the United States, ExxonMobil is the largest oil and gas company based on market capitalization.

Where is ExxonMobil located in Australia?

Australia has three big oil companies: Esso, Mobil, and ExxonMobil. Exxon Mobil Corporation is the parent company of all three of these companies in Australia. People who work for ExxonMobil in Australia can find their main office, which is at Level 9, 664 Collins Street in Docklands, Victoria, 3008.

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2 COMMENTS

  1. Are we buying Russian crude oil and if so, why? Price or economical refinability? Based upon their uncalled-for invasion of the Ukraine will we buy crude from other sources? Can we not increase our supply from Canada? Yes, I know it would be by rail, but not too far to the Joliet, Ill. refinery? How long will it take to cease buying Russian crude if we do so? Yes, I am a long-time stockholder for myself and my daughter Ashley. Ptfr….

  2. The answer to escalating gas/oil prices is to reduce your profits! If you care about America… and the Ukraine as you say you do, why don’t you start there⁉️

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