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ExxonMobil Corporation [a] ( / ˌɛksɒnˈmoʊbəl / EKS-on-MOH-bəl; commonly shortened to Exxon [5] [6] [7]) is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefeller 's Standard Oil. The company, which took its present name in 1999 per the merger of Exxon and Mobil, is vertically integrated ...
1919. ( 1919) Capacity. 588,000 bbl/d (93,500 m 3 /d) ExxonMobil 's Baytown Refinery is a major oil refinery named after and located in Baytown, Texas. It has capacity of 588,000 barrels per day (93,500 m 3 /d). [1] The site first opened in 1919 and was originally operated by the Humble Oil Company. Today, it is the largest employer in the city.
It is Canada's second-largest integrated oil company. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
Apr. 29—The ExxonMobil Corp. earned $36 billion in the fourth quarter of 2023, more than doubling its 2019 revenues, which Chairman-CEO Darren Woods notes accompanied the acquisition of the ...
Shares of Exxon Mobil Corp. rallied Wednesday morning after Jefferies upgraded the energy giant’s stock to “buy” from “hold.” Part of the upgrade was driven by expectations that the ...
ExxonMobil, an American multinational oil and gas corporation presently based out of Texas, has had one of the longest histories of any company in its industry.A direct descendant of John D. Rockefeller's Standard Oil, the company traces its roots as far back as 1886 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s.
After the 2023 drop, the ExxonMobil board scooped $1.6 million from Woods’ annual bonus compared to the previous year, giving him $4.8 million down from $6.4 million in 2022. Woods’ total ...
XTO Energy Inc. XTO Energy Inc. is an American energy company and subsidiary of ExxonMobil principally operating in North America. Acquired by ExxonMobil in 2010 and based out of Spring, Texas, it is involved with the production, processing, transportation, and development of oil and natural gas resources. [2] [3] The company specializes in ...