ExxonMobil
ExxonMobil is one of the world's largest integrated energy companies, operating upstream oil and gas, downstream refining, chemicals, and emerging low-carbon solutions across 54 countries under the Exxon, Mobil, and Esso brands, serving industrial customers, governments, and retail motorists globally.
- Company typePublic
- Founded1870
- HeadquartersIrving, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What ExxonMobil does
ExxonMobil is one of the world's largest integrated energy companies, operating across the full hydrocarbon value chain and tracing its lineage to Standard Oil (founded 1870). The company was formed in its current shape via the 1999 merger of Exxon and Mobil and is publicly traded on the NYSE under XOM, with a market capitalization of ~$574 billion as of mid-2026 and approximately 58,000 regular employees globally. It operates in 54 countries and is currently redomiciling from New Jersey to Texas, with ExxonMobil Holdings Corporation becoming the new publicly traded parent effective July 1, 2026. The business is organized into three core divisions: Upstream (exploration and production across Permian Basin, Guyana, LNG, Sakhalin-1, Qatar, and Greece), Product Solutions (downstream refining, marketing, and chemicals under Exxon, Mobil, Esso, and Proxxima brands), and Low Carbon Solutions (carbon capture and storage, hydrogen, biofuels, lithium extraction, and advanced recycling). Major recent capital deployments include the $60 billion Pioneer Natural Resources acquisition (May 2024, doubling Permian acreage) and the $4.9 billion Denbury acquisition (November 2023, building the CCS backbone).
The revenue model is commodity-driven, combining direct B2B sales of crude oil, natural gas, LNG, and chemical feedstocks to industrial customers, utilities, governments, and national oil companies with retail fuel and lubricant sales through a globally branded service station network. Pricing is benchmark-driven rather than tier-disclosed, with retail pump prices set by local market conditions and B2B contracts negotiated against public commodity indexes. Customer segments are intentionally diversified across industrial/corporate buyers, retail motorists (via ExxonMobil Rewards+ loyalty program), governments and national oil companies (regulatory and production-sharing relationships), and chemical converters (supported by the premium Signature Exxpert engineering service). The company has maintained 42+ consecutive years of dividend increases and reported TTM operating cash flow of ~$47.7 billion and free cash flow of ~$18.8 billion, supporting $28-33 billion in planned annual capex through 2030.
Strategically, ExxonMobil is pursuing volume-led growth in low-cost-of-supply resources (Guyana ramp to 1.7 million bpd by 2030; Permian integration synergies exceeding $3 billion annually), while building optionality in low-carbon businesses (targeting $3 billion in earnings from new ventures by 2030) and exploring additional M&A (reported Woodside Energy discussions). Technology differentiation centers on scale and integration rather than software: Proxxima thermoset resins, advanced recycling, direct lithium extraction, CCS infrastructure (anchored by Denbury's pipeline network), and emerging hydrogen production. The company's competitive position rests on cost-advantaged resource access, integrated refining/chemicals flexibility, and a global distribution footprint that smaller integrated peers and pure-play upstream competitors cannot easily replicate.
ExxonMobil firmographics
Firmographics- Name
- ExxonMobil
- Legal name
- Exxon Mobil Corporation
- Website
- https://corporate.exxonmobil.com
- Company type
- Public
- Founded year
- 1870
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- ExxonMobil is one of the world's largest integrated energy companies, operating upstream oil and gas, downstream refining, chemicals, and emerging low-carbon solutions across 54 countries under the Exxon, Mobil, and Esso brands, serving industrial customers, governments, and retail motorists globally.
- Ownership category
- akta.pro rank
ExxonMobil industry classification
Industry- Product category
- Integrated Oil and Gas
- NAICS
- Petroleum Refineries (32411), Crude Petroleum Extraction (21112), Petrochemical Manufacturing (32511), Petroleum Lubricating Oil and Grease Manufacturing (324191)
- SIC
- Petroleum Refining (2911), Crude Petroleum & Natural Gas (1311), Industrial Organic Chemicals (2860)
- akta.pro primary industry
- Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)
- akta.pro secondary industries
- Distillation & Fractionation (Crude, Condensate & NGL Splitters) (EUALAGAD), Steam Cracking & Feedstock Flexibility Services (Cracker optimization, feed switching, co-product recovery) (EUALAHAJ), E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane) (EUABAIAA)
Keywords
Where ExxonMobil is headquartered
LocationHeadquarters
- HQ city
- Irving
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
ExxonMobil business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Upstream (Oil and Gas Exploration & Production): Exploration, development, and production of crude oil and natural gas. Major assets include Permian Basin (after Pioneer acquisition), Guyana Stabroek block, LNG operations. Revenue is commodity-price sensitive with contracted and spot sales.
- Downstream (Refining and Marketing): Refining crude oil into petroleum products, marketing fuels through retail stations (Exxon, Mobil, Esso brands), and lubricants. Integrated with upstream for optimized operations.
- Chemicals: Manufacturing and marketing of chemical products including plastics, petrochemicals, synthetic graphite. Sells to industrial customers globally.
- Low Carbon Solutions: Emerging business providing carbon capture and storage, hydrogen, and biofuel solutions to industrial customers. Positioned for growth in lower-emission future.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Retail fuel pricing at Exxon, Mobil, and Esso service stations |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
ExxonMobil product offering
Product offeringCore offering
ExxonMobil is an integrated energy company that explores and produces crude oil and natural gas (Upstream), refines crude into petroleum fuels and lubricants and manufactures petrochemicals (Product Solutions), and develops lower-carbon offerings including carbon capture and storage, hydrogen, biofuels, advanced recycling, lithium extraction, and advanced synthetic graphite (Low Carbon Solutions). It sells fuels through a global network of Exxon, Mobil, and Esso retail stations and supplies industrial customers with feedstocks, chemicals, and LNG.
Product overview
ExxonMobil is one of the largest integrated fuels, lubricants and chemical companies in the world, organized into three primary business divisions: Upstream (oil and natural gas exploration and production), Product Solutions (integrating downstream refining and chemical operations for fuels and innovative products), and Low Carbon Solutions (carbon capture and storage, hydrogen, and biofuels). The company operates global consumer-facing brands including Exxon, Mobil (with Mobil 1 as a flagship lubricant), and Esso. The product portfolio includes traditional petroleum products (fuels, lubricants, petrochemicals), advanced recycling technologies for plastic waste, lower-emission fuels, and emerging clean energy solutions including lithium extraction, hydrogen production, and carbon capture and storage. Premium technical services like Signature Exxpert provide polymer customers with engineering support.
Differentiator
Problem solved
Functional benefit
Brands
- Exxon: Primary brand for fuels and retail operations
- Mobil
- Esso
- Signature Exxpert
- Mobil EV
- Synergy
Products and services
- Upstream Crude Oil and Natural Gas Exploration, development, and production of crude oil and natural gas from assets including the Permian Basin, Guyana Stabroek block, Sakhalin-1, and LNG operations, sold to industrial buyers, refiners, and utilities globally.
- Refined Petroleum Products and Fuels Refined fuels including gasoline, diesel, jet fuel, marine fuels, and Synergy branded fuels sold to commercial customers and through the Exxon, Mobil, and Esso retail network to motorists.
- Mobil 1 Synthetic Motor Oil and Lubricants Premium synthetic motor oils and industrial lubricants including the Mobil 1 brand, sold to automotive, industrial, and commercial customers worldwide.
- Petrochemicals and Polymers Manufacture and sale of petrochemical products, plastics, synthetic graphite, and polymer resins sold to industrial converters and manufacturers globally.
- Carbon Capture and Storage (CCS) Technology and services to capture CO2 emissions from industrial sources and store them geologically, offered to industrial customers as part of the Low Carbon Solutions business.
- Hydrogen Production Low-carbon hydrogen production solutions sold to industrial customers as part of lower-emission energy transition offerings.
- Lithium Extraction Direct lithium extraction technology from brine reservoirs for battery production supporting electric vehicle and energy storage markets.
- Advanced Recycling Chemical recycling technology that converts plastic waste back into raw materials for new plastic production, including operational units in Baytown, Texas.
- Advanced Synthetic Graphite Advanced material used in battery anodes and other high-performance applications supporting electrification and energy storage.
- Proxxima Thermoset Resin Systems Proprietary thermoset resin systems for composite materials and industrial applications, marketed as a sustainable materials solution.
- Signature Exxpert Premium Support Service Premium technical support service operated by the Signature Polymers unit that connects polymer customers with ExxonMobil's most experienced engineers for onsite technical assistance, formulation, processing support, and troubleshooting.
- Lower Emission Fuels Fuels with reduced lifecycle carbon intensity for transportation, including biofuels and other lower-emission alternatives sold to commercial and retail customers.
- Mobil EV Fluids and EV Charging Electric vehicle fluids and EV charging solutions for emerging vehicle technologies and electric mobility.
- LNG and Natural Gas Global LNG and natural gas sales including the Golden Pass LNG export terminal, supplied to utilities, industrial customers, and trading counterparties worldwide.
Quantifiable outcome
- $20+ billion earnings growth potential and $30+ billion cash flow growth by 2030 vs 2024 on constant price basis
- +4 more outcomes
Companies that use ExxonMobil
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles5 records
ExxonMobil technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
ExxonMobil partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- HELLENiQ ENERGYcoreCollaboration on hydrocarbon exploration in Greece. HELLENiQ ENERGY working with ExxonMobil (60%) and Energean (30%) on Block 2 in the northwestern Ionian Sea, with first exploratory drilling scheduled for February 2027. Also collaborating on areas south of Crete and the Peloponnese.
- ChevroncoreCollaboration with Chevron to manage exploration risks in areas south of Crete and the Peloponnese in Greece. Chevron holds 70% stake in Block 10 in Kyparissiakos Gulf.
- Guyana Environmental Protection AgencycoreApplication for environmental authorization to conduct a 35-well exploration campaign in the Stabroek block (2028-2033), with cumulative impact assessment required.
- Petrobras, TotalEnergies (Opponents)minorMajor oil companies including ExxonMobil, Petrobras, and TotalEnergies opposed the Subsea7-Saipem merger over concerns about market concentration. Merger was approved without restrictions by Brazil's Cade regulator.
- Imperial Oil Limitedcore69.6% owned Canadian subsidiary. Imperial Oil is repurchasing up to 5% of shares (24.2 million) under normal course issuer bid starting June 29, 2026, with ExxonMobil participating to maintain its stake.
- QatarEnergycoreExxonMobil holds 7% stake in Barzan gas supply facility at Ras Laffan Industrial City, Qatar. Facility processes nearly 1.4 billion scf/day of sales gas for local power generation and water desalination.
- Western Midstream PartnersminorJoint Industry Project 2 (JIP 2) in Permian Basin - partnership with Chevron, ConocoPhillips, Devon, and ExxonMobil for produced-water treatment facility processing 2,000 bpd into 1,000 bpd reclaimed freshwater.
- Chevron, ConocoPhillips, Devon EnergyminorMulti-partner collaboration on produced-water treatment pilot in Permian Basin for beneficial reuse demonstration and commercial-scale desalination facility development.
- Rosneft, SODECO, ONGC Videsh (Sakhalin-1)coreSakhalin-1 consortium with Rosneft (20%), ExxonMobil (30%), SODECO (30%), and India's ONGC Videsh (20%). Project covers Chayvo, Odoptu, and Arkutun-Dagi fields in Okhotsk Sea, producing approximately 140,000-150,000 bpd.
- Shell, TotalEnergies, OMV PetromminorWood Mackenzie study commissioned by ExxonMobil, Shell, TotalEnergies, and OMV Petrom analyzing EU carbon capture and storage targets. Finding: EU will miss 2030 CCS target by 35%.
- Zululand Energy Terminal (ZET)coreHeads of agreement signed June 18 to develop South Africa's first LNG import terminal at Port Richards Bay. Terminal will supply natural gas to South Africa's electricity and industrial sectors, with 25-year operational term.
- Vopak Terminal Durban and Transnet PipelinescoreConsortium partners managing the Zululand Energy Terminal at Port Richards Bay, South Africa. Terminal designed to strengthen long-term energy security and industrial competitiveness.
Scale indicators12 records
Recent moves7 records
Expansion highlights7 records
ExxonMobil competitors and assessment
Company assessmentDirect peers
- Chevron Corporation: Integrated oil and gas major with directly overlapping upstream (Permian Basin, deepwater), downstream refining/marketing, and chemicals businesses. Closest head-to-head competitor with similar global scope, similar U.S. shale exposure, and co-listed in the DOJ pricing investigation.
- Shell plc: Global integrated energy major with comparable upstream, downstream, and integrated gas/LNG operations. Direct peer in retail fuel brands (Shell V-Power), LNG trading, and energy transition investments including hydrogen and CCS.
- BP plc: Integrated oil and gas major with upstream, downstream (including retail fuels and convenience stores), and growing low-carbon businesses. Direct competitor in U.S. downstream and comparable strategy of integrating traditional energy with renewables and CCS.
- TotalEnergies SE: French integrated oil and gas major with similar portfolio: upstream (including deepwater), refining/petrochemicals, LNG, and renewables. Direct competitor in European refining and gas markets, and joint partner in the Wood Mackenzie CCS study.
- ConocoPhillips: Independent E&P company with significant Permian Basin overlap following Pioneer's exit. Direct competitor for U.S. unconventional resources and partner in ExxonMobil's Permian produced-water treatment JIP 2 pilot facility.
- Occidental Petroleum: U.S. oil and gas major with significant Permian Basin and international upstream operations, plus chemicals (OxyChem) and emerging low-carbon ventures (Stratos direct air capture, 1PointFive). Direct competitor for Permian resources and partner in CCS initiatives.
- Marathon Petroleum: Largest U.S. refining company with downstream focus on fuel manufacturing, marketing, and midstream transportation. Direct competitor in refining capacity and wholesale fuel distribution to branded retail customers across the United States.
- Phillips 66: Integrated downstream and midstream energy company with refining, marketing (76, Conoco, Phillips 66 brands), and chemicals. Direct peer in U.S. refining economics and branded fuel distribution across retail and wholesale channels.
- Eni S.p.A. Italian integrated energy major with upstream, downstream (including retail), and natural gas businesses plus growing renewables. Comparable international peer with similar energy transition positioning in Mediterranean and African markets.
Broad incumbents
- Saudi Aramco: World's largest integrated oil company and Saudi Arabian national oil company. Comparable across upstream, downstream, and chemicals but operates at vastly greater scale and with different capital allocation framework as a state-controlled entity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
ExxonMobil social profiles
Digital presenceExxonMobil financial estimates
Financial estimateRevenue estimate
Valuation estimate
ExxonMobil leadership team
Management profileNumber of profiles
Profiles15 records
ExxonMobil subsidiaries and ownership
Company hierarchySubsidiaries4 records
ExxonMobil funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ExxonMobil M&A and investment
M&A and investmentM&A7 records
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ExxonMobil
What does ExxonMobil do?
ExxonMobil is an integrated energy company that explores and produces crude oil and natural gas (Upstream), refines crude into petroleum fuels and lubricants and manufactures petrochemicals (Product Solutions), and develops lower-carbon offerings including carbon capture and storage, hydrogen, biofuels, advanced recycling, lithium extraction, and advanced synthetic graphite (Low Carbon Solutions). It sells fuels through a global network of Exxon, Mobil, and Esso retail stations and supplies industrial customers with feedstocks, chemicals, and LNG.
Is ExxonMobil a public or private company?
ExxonMobil is a public company. It is classified as public and is currently operating.
When was ExxonMobil founded?
ExxonMobil was founded in 1870. It employs 5,001 to 10,000 people.
Where is ExxonMobil based?
ExxonMobil is headquartered in Irving, United States, in the North America region.
How does ExxonMobil make money?
Four revenue lines are on record. Upstream (Oil and Gas Exploration & Production) is the primary driver. The others are downstream (Refining and Marketing), chemicals and low Carbon Solutions.
Who are ExxonMobil's main competitors?
Direct peers on record are Chevron Corporation, Shell plc, BP plc, TotalEnergies SE, ConocoPhillips, Occidental Petroleum, Marathon Petroleum, Phillips 66 and Eni S.p.A.. Saudi Aramco is listed as a broad incumbent.
Does ExxonMobil have an API?
No public API is recorded for ExxonMobil.
What industry is ExxonMobil in?
ExxonMobil's product category is Integrated Oil and Gas. Its primary akta.pro industry code is EUALAIAB, Branded Fuels Wholesaling & Jobber Distribution, with a secondary code of EUALAGAD, Distillation & Fractionation (Crude, Condensate & NGL Splitters). Its NAICS code is 32411 and its SIC code is 2911.