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Exxon Mobil
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11 Dec, 2024
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Q3 2024

1 Nov, 2024
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One of the largest energy companies in the world

ExxonMobil is a multinational oil and gas corporation based in Irving, Texas. The company was formed in 1999 through the merger of Exxon Corporation and Mobil Corporation and has since become one of the largest energy companies in the world. Some of ExxonMobil's competitors include Chevron, BP, and ConocoPhillips

The business model

ExxonMobil's business model is based on the exploration, production, transportation, and sale of oil and gas products around the world. The company operates in over 50 countries, with a focus on developing and managing large-scale energy projects that have a significant impact on the global energy industry.

How ExxonMobil makes money

ExxonMobil generates revenue primarily through the sale of oil and gas products, as well as through its chemical and refining operations.

The company's products include:

  • Crude oil

  • Natural gas

  • Gasoline

  • Diesel fuel

  • And petrochemicals

In addition, ExxonMobil also generates revenue through various other services, including lubricants, electricity, and renewable energy.

One of the largest companies in the world

ExxonMobil is one of the largest companies in the world, and has a rich history dating back over 150 years, with a legacy of innovation and technological advancement. The company was one of the first to develop offshore drilling technology in the 1950s, and it also pioneered the use of 3D seismic imaging technology for oil exploration in the 1970s.