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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 ...
Origins. Both Exxon and Mobil were descendants of Standard Oil, established by John D. Rockefeller and partners in 1870 as the Standard Oil Company of Ohio. In 1882, it together with its affiliated companies was incorporated as the Standard Oil Trust with Standard Oil Company of New Jersey and Standard Oil Company of New York as its largest companies.
Chevron’s first quarter adjusted profit came in at $2.93 per share, beating estimates for $2.90 but still down roughly 17% from the same period last year. The company attributed the profit ...
Exxon Mobil (NYSE:XOM) stock is fast approaching all-time highs as oil prices seem to rise on a daily basis. Calls for oil going to $200 or even $300 per barrel abound. Of course, the same fears ...
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in ...
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 president from 1987 and a director beginning in 1984. While at Exxon, Raymond was one of the ...
In the latest trading session, Exxon Mobil (XOM) closed at $97.61, marking a +1.15% move from the previous day.
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