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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 ...
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 developing shale ...
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.
Over that decade, Exxon Mobil reported total profits of $204.3 billion. In other words, processing those 140 proposals — using the SEC's highest estimate to arrive at $21 million — cost Exxon ...
Exxon Mobil is No. 3 on the Fortune 500 and the largest gas and oil corporation in the U.S., having posted a $36 billion profit in 2023. The firm has “tabled proposals" with governments ...
Education. University of Wisconsin–Madison (BS 1960) University of Minnesota (PhD 1963) Lee Roy Raymond (born August 13, 1938) is an American businessman and was the chief executive officer (CEO) and chairman of ExxonMobil from 1999 to 2005. He had previously been the CEO of Exxon since 1993. He joined the company in 1963 and served as ...
4000. ExxonMobil 's Baton Rouge Refinery in Baton Rouge, Louisiana is the sixth-largest oil refinery in the United States and seventeenth-largest in the world, [1] with an input capacity of 540,000 barrels (86,000 m 3) per day as of January 1, 2020. [2] The refinery is the site of the first commercial fluid catalytic cracking plant that began ...
April 26, 2024 at 8:04 AM. Exxon Mobil's profit declined in its first quarter as natural gas prices fell and industry refining margins dropped. The energy company earned $8.22 billion, or $2.06 ...