exxon mobil corp

What exxon mobil corp does

Exxon Mobil Corporation (NYSE: XOM), formed in 1999 through the merger of Exxon Corporation and Mobil Corporation, is the largest publicly traded international oil and gas company. Its fleet card business, operated through the ExxonMobil Fleet Cards program and serviced by ExxonMobil Fleet Services, issues the BusinessPro and FleetPro fuel cards in partnership with WEX Bank (member FDIC) as the card issuer. BusinessPro targets general commercial fleets with acceptance at Exxon and Mobil branded stations plus approximately 95% of US fuel stations (as of February 2026), offering tiered rebates of up to 6¢ per gallon. FleetPro is aimed at diesel-driven and mixed fleets, with access to 800+ commercial fueling stations and Mastercard acceptance for non-fuel purchases. Supporting products include Premium GPS Vehicle Tracking, the Exxon Mobil Rewards+ loyalty program, and Synergy-branded fuel formulations.

The underlying technology is a fleet card payment processing platform with integrated transaction monitoring, customizable spending controls (by card, driver, time-of-day, fuel type), driver PIN authorization at the pump, and real-time reporting via desktop and mobile. WEX provides the proprietary transaction network capturing data from approximately 4.6 million commercial and government fleet vehicles, and the program integrates with third-party telematics providers for GPS, geofencing, and driver behavior analytics. Exxon Mobil operates seven US refineries (including four integrated petrochemical complexes), an inventory of industry-leading resources, and a US retail network of nearly 12,000 Exxon and Mobil branded stations, 440+ Diesel Efficient truck stops, and 125+ diesel terminals.

Revenue mechanics combine transaction-based fees on card purchases, recurring card and account fees ($2 monthly per card, $40 one-time setup), rebate-program administration funded by merchant fees, and extended-network fees for non-branded station acceptance. Go-to-market is hybrid: direct sales via phone (1-800-627-3427) and inside sales for larger fleets, plus self-service online applications through the WEX portal with credit decisions within 48 hours and card issuance within 7 days. Customer segments span small and mid-size business fleets, logistics and long-haul trucking, heavy-duty diesel operations, government fleets, and national logistics enterprises.

Name

exxon mobil corp

Legal name

Exxon Mobil Corporation

Website

https://exxonmobilfleetcards.com

Company type

Public

Founded year

1999

Operating status

Operating

Short description

Exxon Mobil Corporation (NYSE: XOM), the largest publicly traded international oil and gas company, operates ExxonMobil Fleet Services, issuing BusinessPro and FleetPro fuel cards through partner WEX Bank for US commercial fleets, with tiered rebates up to 6¢ per gallon and acceptance at approximately 95% of US fuel stations.

Ownership category

akta.pro rank

Product category

Commercial Fleet Fuel Cards

NAICS

Gasoline Stations and Fuel Dealers (457), Fuel Dealers (45721), Gasoline Stations (4571)

SIC

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

akta.pro primary industry

Fuel Card & Fleet Payment Programs (TLABAMAA)

akta.pro secondary industries

Fuel Pricing, Loyalty & Payments Platforms (POS, Mobile Pay, Fleet Cards, Loyalty Programs) (EUALAIAK), Fleet Fuel & Energy Management (Fuel Programs, EV Charging Ops) (TLABAIAI)

Keywords

• Fleet fuel cards
• Commercial fleet services
• Fuel payment processing
• Diesel fleet programs
• Fleet expense management

Headquarters

HQ city

Irving

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fleet Card Transaction Processing: Revenue generated from transaction processing fees on fleet fuel card purchases. WEX processes payments across its proprietary network for approximately 4.6 million commercial and government fleet vehicles.
2. Card and Account Fees: Monthly card fees ($2 per month per card) and one-time setup fees ($40) for BusinessPro accounts. These fees contribute to overall service revenue.
3. Rebate Program Administration: Rebates up to 6 cents per gallon are credited to billing statements based on monthly fuel volume. Rebates are funded through merchant fees from participating Exxon and Mobil stations.
4. Extended Network Fees: Additional fees apply for extended network acceptance beyond Exxon and Mobil branded stations (95% US acceptance). Fees charged for usage outside the core branded network.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Exxon Mobil's Fleet Services division offers fleet fuel card programs—BusinessPro and FleetPro—for commercial and government fleet operators. BusinessPro is accepted at Exxon and Mobil branded stations and approximately 95% of US gas stations with tiered rebates up to 6¢ per gallon. FleetPro targets diesel-driven and mixed fleets with access to 800+ commercial fueling stations and Mastercard acceptance for non-fuel purchases. Cards are issued by WEX Bank and provide spending controls, real-time transaction reporting, and driver PIN authorization.

Product overview

Exxon Mobil fleet cards offer two primary fuel card products — BusinessPro™ and FleetPro™ — designed for fleet expense management across small to large commercial operations. BusinessPro targets general fleets with 95% US acceptance and tiered rebates up to 6¢/gallon at Exxon and Mobil stations; FleetPro serves diesel-heavy and mixed fleets with commercial station access and Mastercard® acceptance for non-fuel purchases. Both cards integrate with GPS/vehicle tracking add-ons and leverage the Rewards+ loyalty program for driver incentives. The portfolio also includes Synergy-branded fuel products (Diesel Efficient™ and Supreme+™) engineered to enhance engine performance and fuel economy. All cards are issued by WEX Bank and supported by online/mobile account management tools.

Differentiator

Problem solved

Functional benefit

Brands

• BusinessPro™: Fleet fuel card program accepted at Exxon and Mobil branded stations and 95% of US gas stations with rebates up to 6¢ per gallon
• FleetPro™
• Exxon Mobil Rewards+™
• Synergy Diesel Efficient™
• Synergy Supreme+™

Products and services

• Exxon Mobil BusinessPro™ Card A fleet fuel card accepted at Exxon and Mobil branded stations and approximately 95% of US gas stations. Provides tiered volume rebates up to 6¢ per gallon at Exxon and Mobil branded stations, real-time transaction reporting, spending limits, driver PIN authorization, and detailed fuel expense tracking for fleet operators.
• Exxon Mobil FleetPro™ Card A fleet card for diesel-driven and mixed fleets offering acceptance at over 12,000 Exxon and Mobil stations plus 800+ commercial fueling stations, customized diesel pricing based on monthly volume, and Mastercard® acceptance for non-fuel purchases including maintenance, parts, service, DEF, truck washes, CAT scales, meals, and office supplies.
• Exxon Mobil Rewards+™ A loyalty rewards program available at participating Exxon and Mobil service stations. Drivers can sign up to earn points on fleet card purchases that are redeemable for personal fuel, store items, and car washes at Exxon and Mobil stations.
• Synergy Diesel Efficient™ Fuel Diesel fuel formulation engineered with detergent additives to improve injector cleanliness, protect against corrosion, enhance fuel economy, and reduce maintenance costs for diesel engines.
• Synergy Supreme+™ Fuel Premium gasoline engineered with Synergy technology to help improve gas mileage, improve engine protection, and maintain performance versus standard gasoline meeting minimum U.S. government standards.

Quantifiable outcome

• Save up to $9,600 annually on 100,000 miles/month fleet (13,333 gallons at 6¢ rebate)
• +3 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• MastercardcoreTechnology or IntegrationFleetPro cards include Mastercard acceptance for non-fuel purchases, enabling fleet operators to use a single card for fuel at Exxon and Mobil stations plus Mastercard acceptance anywhere for maintenance, parts, service, DEF, truck washes, CAT scales, meals, and office supplies.
• Telematics ProviderssupportingTechnology or IntegrationIntegration partnerships with telematics providers for GPS tracking, driver behavior monitoring, vehicle diagnostics, and geofencing capabilities. Enables consolidated fleet management combining fuel data with vehicle and driver performance analytics.
• Exxon and Mobil Branded StationscoreChannel Partner/ Reseller/ DistributorNetwork of nearly 12,000 Exxon and Mobil branded stations across the US plus 800+ commercial fueling stations. These locations accept fleet cards, provide in-network rebates, and serve as the physical infrastructure for the fleet card program.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• WEX Inc. WEX is simultaneously ExxonMobil Fleet Cards' issuing and processing partner and the largest direct competitor, marketing its own WEX Fleet, Fuelman, and Fleet One cards to the same SMB, logistics, and government fleet segments across the US.
• Shell Fleet Solutions: Shell offers a direct fleet card program with branded-station rebates, multi-country acceptance, and telematics integrations — competing head-to-head with ExxonMobil BusinessPro/FleetPro for commercial and government fleets.
• BP Fuel Card (BP Fleet): BP's fuel card programs (BP Card, BP Plus, and BP Fleet) provide branded-station rebates, network acceptance, and fleet management tools targeting the same SMB and enterprise fleet customers as ExxonMobil Fleet Cards.
• Comdata: Comdata is a major US fleet card issuer specializing in trucking and over-the-road fleets, offering universal acceptance, fuel discounts, and trucking-specific expense controls — a direct substitute for ExxonMobil FleetPro in diesel-heavy segments.
• Chevron Fleet Pro Card: Chevron's Fleet Pro card offers branded-station rebates at Chevron and Texaco stations plus extended network acceptance, directly competing with ExxonMobil BusinessPro for SMB and mid-market fleets in overlapping geographies.
• Fuelman: Fuelman is a WEX-owned fleet fuel card targeting small and mid-sized businesses with universal acceptance, simple controls, and tax-exempt billing — directly overlapping the SMB primary segment of ExxonMobil BusinessPro.
• Phillips 76 Fleet Card (ConocoPhillips): ConocoPhillips' 76-brand fleet card provides branded-station rebates and network acceptance for SMB and enterprise fleets, positioning it as another oil-major fleet card competitor with overlapping US footprint.
• Pilot Flying J myPilot Rewards: Pilot Flying J is the largest US truck-stop network and offers a fleet card program with diesel discounts and DEF/truck-wash bundles — a primary competitor for long-haul trucking fleets targeted by ExxonMobil FleetPro.

Emerging players

• Fleetio: Fleetio is an emerging SaaS fleet management platform that integrates fuel-card transactions, maintenance, and telematics — overlapping with ExxonMobil's telematics/expense-reporting value proposition, especially for SMB and mid-market buyers.

Broad incumbents

• Marathon Petroleum (Marathon Fleet Card): Marathon Petroleum is a major US refiner with branded retail fuel and a fleet fuel program for commercial customers, competing with ExxonMobil's branded-station fleet offering at scale across overlapping US geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Customer concentration

• LinkedInlinkedin.com/company/exxon-mobil-fleet-cards

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about exxon mobil corp