Exxon Mobil (NYSE:XOM) is a multinational energy company engaged in all aspects of the oil and natural gas industry. The company’s operations span exploration, production, transportation, and sale of crude oil and natural gas, as well as the manufacturing and marketing of petroleum products. Integrated within its business model are chemical manufacturing facilities that produce a variety of petrochemicals, plastics, and specialty products for industries ranging from automotive to consumer goods.
In its upstream segment, Exxon Mobil explores for and produces crude oil and natural gas in locations across North America, Europe, Asia, Latin America, and Africa. The downstream business encompasses refining, supply, and distribution, operating a network of refineries and terminals that deliver gasoline, diesel, jet fuel, and lubricants. Its chemical division manufactures base and intermediate chemicals, including olefins, aromatics, polyethylene, and polypropylene, which serve customers worldwide.
Tracing its roots to the Standard Oil Company founded by John D. Rockefeller in 1870, the modern Exxon Mobil Corporation was formed in 1999 through the merger of Exxon and Mobil. Headquarters are located in Irving, Texas, and the company maintains significant facilities and joint ventures in major oil- and gas-producing regions. Over its history, the company has invested in research and development focused on improving reservoir performance, refining efficiency, and developing lower-emissions technologies.
Leadership is headed by President and Chief Executive Officer Darren W. Woods, who was appointed in January 2017. Under his tenure, the company has emphasized operational excellence, technological innovation, and a strategic approach to meeting growing global energy demand while addressing environmental challenges. Exxon Mobil continues to advance projects in liquefied natural gas, chemical capacity expansion, and carbon capture and storage, reflecting its commitment to long-term value creation.
