Exxon Mobil Corporation (EXXO34)

Overview

Exxon Mobil Corporation, established in 1870 and headquartered in Spring, Texas, is a global leader in the energy industry. The company's operations span the exploration and production of crude oil and natural gas, both in the United States and internationally. Exxon Mobil is structured into four main segments: Upstream, Energy Products, Chemical Products, and Specialty Products, through which it delivers a wide range of energy solutions and products. In addition to its core activities, the company is actively engaged in pursuing lower-emission business opportunities, including advancements in carbon capture and storage, hydrogen, lower-emission fuels, and lithium, underscoring its commitment to addressing climate change and promoting sustainable energy sources.

Products and Services

• Upstream

  Focuses on the exploration and production of crude oil and natural gas. This segment is the cornerstone of Exxon Mobil's operations, seeking to secure and develop resources to meet global energy demand.

• Energy Products

  Offers a range of fuels, aromatics, and catalysts, alongside licensing services. The products under this segment are marketed under well-known brands such as Exxon, Esso, and Mobil, catering to the energy needs of a diverse set of customers.

• Chemical Products

  Manufactures and markets petrochemicals, including olefins, polyolefins, and intermediates. These essential chemicals serve as foundational components for a vast array of industries, underpinning the production of everyday goods.

• Specialty Products

  Delivers performance products that include lubricants, basestocks, waxes, synthetics, elastomers, and resins. These specialty products find applications in various industrial and consumer sectors, enhancing performance and efficiency.

• Lower-emission Business Opportunities

  Engages in the development and implementation of technologies and solutions aimed at reducing emissions. This includes initiatives in carbon capture and storage, hydrogen production, the development of lower-emission fuels, and advancements in lithium extraction and usage, highlighting Exxon Mobil's commitment to sustainable energy.