Exxon

What Exxon does

ExxonMobil Corporation is a fully integrated global oil and gas major operating across the full energy value chain: upstream exploration and production, midstream transportation, downstream refining and marketing, and chemical manufacturing. The company maintains major production positions in the Permian Basin (US), the Stabroek block offshore Guyana (870,000 bpd across four producing phases with a target of 1.2 million bpd by 2030), and offshore assets in Qatar, the UAE, and Nigeria. Its integrated structure captures margin across the chain, with crude oil and natural gas production feeding a global refining and marketing network of over 14,000 retail stations under the Exxon, Mobil, and Esso brands. Core product offerings include retail gasoline and diesel, Mobil 1 premium motor oils with proprietary Triple Action Formula technology, commercial fleet fueling programs, crude oil and refined product trading, and LNG exports through the $10B+ Golden Pass joint venture with QatarEnergy (30% ExxonMobil stake) producing 18 million tons per annum from Sabine Pass, Texas.

The company's underlying technology stack spans horizontal drilling and hydraulic fracturing in shale plays, deepwater offshore production systems, LNG liquefaction and regasification, and refinery operations. Recent technology expansion includes Data Center Immersion Fluids, specialized thermal management fluids for AI and HPC data center cooling developed in partnership with Infosys. ExxonMobil generates revenue primarily through commodity-price-exposed transaction-fee models on upstream oil/gas sales and downstream refined product sales, supplemented by premium-priced unit sales of Mobil 1 lubricants and quote-based commercial fleet pricing. Customer segments span individual retail consumers (served through the Exxon Mobil Rewards+ loyalty program), commercial fleet operators (fleet cards, bulk delivery), enterprise refiners and trading houses (Indian Oil Corporation, Bharat Petroleum), and emerging hyperscaler/data center customers for thermal management fluids. The company is publicly traded on NYSE under ticker XOM with a market capitalization of $615.79 billion and generated $80.04 billion in Q1 2026 revenue, with full-year 2025 net income of $28.8 billion and $37.2 billion returned to shareholders through dividends and buybacks.

Geographically, ExxonMobil operates across North America, South America (Guyana, Venezuela exploration, Colombia), Asia Pacific (Australia, Hong Kong), the Middle East (Qatar, UAE), and Europe (Greece exploration). The company was founded in 1870 as Standard Oil of New Jersey, renamed Exxon in 1972, and merged with Standard Oil of New York (Socony/Mobil) in 1999 to form ExxonMobil Corporation. In March 2026, the company redomiciled from New Jersey to Texas after 144 years to align its legal home with its operating headquarters in Irving, Texas. Notable recent strategic moves include the $60 billion acquisition of Pioneer Natural Resources (2024), first LNG production at Golden Pass (Q1 2026), and the expanded Infosys collaboration for AI infrastructure cooling solutions.

Name

Exxon

Legal name

Exxon Mobil Corporation

Website

https://exxon.com

Company type

Public

Founded year

1870

Operating status

Operating

Headcount range

11–50 employees

Short description

ExxonMobil is a fully integrated global oil and gas major operating across upstream exploration and production, midstream transportation, and downstream refining and marketing. It serves individual consumers through 14,000+ Exxon, Mobil, and Esso branded retail stations, commercial fleet operators, enterprise refiners and traders, and emerging hyperscaler customers with fuel, lubricants, LNG, and crude products.

Ownership category

akta.pro rank

Product category

Integrated Oil and Gas (Refining and Marketing)

NAICS

Gasoline Stations (4571), Other Gasoline Stations (457120), Petroleum Refineries (32411), Fuel Dealers (45721)

SIC

Retail-Auto Dealers & Gasoline Stations (5500), Petroleum Refining (2911), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Retail Service Station Operations (Company-Owned & Dealer-Operated) (EUALAIAA)

akta.pro secondary industries

Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB), Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD), Convenience Retail & Foodservice at Forecourts (C-Store/QSR) (EUALAIAE), Non-Fuel Retail & Ancillary Forecourt Services (Car Wash, Auto Care, ATM/Lottery, Parcel Lockers) (EUALAIAJ)

Keywords

• Retail fuel stations
• Premium motor oils
• Oil and gas exploration
• LNG export operations
• Commercial fleet fueling

Headquarters

HQ city

Irving

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Upstream (Exploration & Production): Oil and gas exploration and production across diverse basins including Permian Basin (US), Stabroek block (Guyana), offshore Qatar, UAE, and other regions. Production includes crude oil, natural gas, and condensate. Revenue is commodity price exposed with volumes of approximately 870,000 bpd in Guyana and significant Permian output.
2. Downstream (Refining & Marketing): Refining crude oil into gasoline, diesel, jet fuel, and other petroleum products. Marketing through Exxon and Mobil branded retail stations, commercial fleet programs, and bulk fuel sales. Integrated operations provide margin capture across the value chain.
3. LNG (Liquefied Natural Gas): Golden Pass LNG joint venture with QatarEnergy (ExxonMobil 30% stake) producing 18 million tons per annum of LNG export capacity from Sabine Pass, Texas. Exports began Q2 2026.
4. Lubricants and Speciality Products: Mobil 1 motor oils and other lubricant products sold through retail and commercial channels. Premium pricing through brand equity and product differentiation.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Exxon operates a dual-brand retail fuel station network (Exxon and Mobil) selling gasoline, diesel, and motor oils to consumers and commercial fleets across more than 14,000 stations globally. The company also produces premium Mobil 1 motor oils with proprietary Triple Action Formula, engages in upstream oil and gas exploration and production (notably the Stabroek block in Guyana at 870,000 bpd), and operates the Golden Pass LNG export joint venture with 18 million tons per annum capacity in Texas.

Product overview

Exxon operates a dual-brand retail fuel network under the Exxon™ and Mobil™ brands, offering quality gasoline, diesel, and motor oil products through service stations across the United States. The portfolio includes the Exxon Mobil Rewards+™ loyalty program for consumer savings and commercial fleet fuel solutions for business customers. On the upstream side, Exxon has major LNG operations through the Golden Pass LNG joint venture and significant oil and gas production from the Stabroek block in Guyana. The company also produces Mobil 1™ premium motor oils featuring its Triple Action Formula for vehicle engine protection.

Differentiator

Problem solved

Functional benefit

Brands

• Exxon Mobil Rewards+: Rewards program available at participating Exxon and Mobil branded service stations offering points for fuel and in-store savings
• Mobil 1
• Exxon
• Mobil

Products and services

• Exxon Branded Fuel Stations

Quantifiable outcome

• 43 consecutive years of annual dividend increases
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered flagship, core and minor.

• QatarEnergyflagshipStrategic or Co-development Partner · 30 March 2026Golden Pass LNG joint venture - QatarEnergy 70%, ExxonMobil 30%. First LNG production achieved March 2026 at 18 million tons per annum export facility in Sabine Pass, Texas. Exports expected to begin Q2 2026. Represents $10+ billion investment in U.S. LNG export capacity.
• SBM OffshorecoreTechnology or Integration · 30 March 2026ExxonMobil Guyana Limited awarded FEED (Front-End Engineering Design) study contract to SBM Offshore for Floating Production, Storage and Offloading (FPSO) vessel for Longtail development project. FPSO capable of processing 1,200 million cubic feet of gas per day and producing 250,000 barrels of condensate daily.
• InfosyscoreStrategic or Co-development Partner · 12 February 2026Strategic collaboration to develop and deploy ExxonMobil Data Center Immersion Fluids for cooling AI and High-Performance Computing data centers. Combines ExxonMobil's thermal management technology with Infosys Topaz (generative AI services) and Infosys Cobalt (enterprise cloud suite). Targets hyperscalers, global enterprises, and public sector organizations across financial services, telecom, manufacturing, energy, and government sectors.
• Diamondback EnergycoreStrategic or Co-development PartnerJoint venture in the Permian Basin (Midland Basin) to optimize development of certain acreage and share infrastructure. Diamondback operates as a Permian-focused oil and gas producer centered on horizontal drilling and hydraulic fracturing.
• Helleniq EnergyminorStrategic or Co-development PartnerCollaboration on exploration activities. Helleniq Energy CEO Andreas Siamiisis noted the company collaborates with Exxon and Chevron to manage exploration risk in the Eastern Mediterranean, particularly in Block 2 in the Northwest Ionian Sea.
• Indian Oil CorporationcoreChannel Partner/ Reseller/ DistributorCrude oil supply partnership - Indian Oil purchased 7 million barrels of crude for March loading including supplies from Exxon (1 million barrels each of Angola's Hungo and Clove). Part of India's strategy to diversify away from Russian oil toward Middle Eastern and African sources.
• Hess CorporationcoreStrategic or Co-development PartnerJoint operating agreement on Stabroek block offshore Guyana. Hess holds 30% interest in the block which is operated by ExxonMobil (45% interest). Current production at 870,000 bpd across four phases with development ongoing for phases 5-8 through 2029.
• ConocoPhillipsminorStrategic or Co-development PartnerBoth Exxon and ConocoPhillips have shifted from rejecting investment in Venezuela to actively exploring opportunities following geopolitical changes. Exxon reportedly negotiating return to Cerro Negro oil field nationalized by Hugo Chávez in 2007.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Chevron Corporation: Direct major integrated oil and gas peer with comparable upstream (Permian, Guyana via Hess deal), downstream refining/marketing, and LNG exposure. Competes head-to-head with ExxonMobil in retail fuel branding, Permian development, and global LNG markets.
• Shell plc: Global integrated oil major with comparable upstream, refining, retail fuel network, and LNG portfolio. Closely comparable on integrated value chain economics, retail station footprint, and LNG export positioning.
• BP plc: Integrated oil major with overlapping upstream production, refining, retail fuel network (ampm convenience stores), and growing LNG business. Highly comparable integrated business model with similar commodity exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ExxonMobil
• LinkedInlinkedin.com/company/exxon-mobil-companies-india-private-limited
• Facebookfacebook.com/ExxonMobil
• Instagraminstagram.com/exxonmobil
• YouTubeyoutube.com/user/ExxonMobil

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exxon