Exxon Mobil Corporation (ExxonMobil) is a United States-based multinational oil and gas corporation that can trace its origins back to Standard Oil, the oil and gas giant founded by John D Rockefeller in 1870. ExxonMobil was formed on 30 November 1999 by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York).
Exxon Mobil Corporation has many affiliates with the company's primary ones including ExxonMobil, Exxon, Mobil, Esso, and XTO. The company has operations in 45 countries and participates in all areas of the upstream global value chain, including exploration, development, production, and marketing.
For the year end 31 December 2019, ExxonMobil produced 2.38 million barrels per day of liquids (net), produced 3.95 million barrels of oil-equivalents per day (net), and produced 9,394 millions of cubic feet of natural gas (available for sale) per day (net).
Exxon Mobil Corporation is traded on the New York Stock Exchange (NYSE) under the code XOM.
Downstream - The downstream segment manufactures and sells petroleum products. ExxonMobil operates a network of manufacturing plants and a large-scale transportation systems, as well as distribution centres which provide fuels, basestocks, finished lubricants and other products to customers. For the the financial year end 31 December 2019, the downstream segment accounted for 80.20% (USD 204,983 million) of total revenue.
Chemical - The chemical segment manufactures and sells petrochemicals. The company's chemical products are uses as "building blocks" for a broad range of consumer goods and industrial products. For the the financial year end 31 December 2019, the chemical segment accounted for 10.73% (USD 27,416 million) of total revenue.
Upstream - The upstream segment explores for and produces crude oil and natural gas. The upstream segment is organised into five (5) sub-segments: unconventional; deepwater; liquified natural gas (LNG); heavy oil; and conventional. For the the financial year end 31 December 2019, the upstream segment accounted for 9.05% (USD 23,143 million) of total revenue.
Note: For the the financial year end 31 December 2019, the corporate and financing segment accounted for 0.02% (USD 41 million) of total revenue.
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