Exxon Mobil Corporation Closed Now

Exxon Mobil Corporation is one of the world’s largest publicly traded oil and gas companies, with roots dating back to Standard Oil’s formation in the 19th century. Headquartered in Irving, Texas, and operating major assets in the Houston region, ExxonMobil was ranked among the top 12 companies in the 2025 Fortune Global 500 by revenue (approximately US $414 billion in 2023 reported as $344.6B, with variations depending on exchange rates†) Wikipedia+1Fortune+1.

In fiscal year 2024, ExxonMobil reported net earnings of about US $33.7 billion, one of the highest results in its history, with operational cash flow hitting US $55 billion—among the best performances of the decade corporate.exxonmobil.com. The company achieved record production in key regions such as the Permian Basin and Guyana, with annual output topping 4.3 million barrels of oil-equivalent per day, a 16% increase over the prior year lowcarbon.exxonmobil.com+4investopedia.com+4investor.exxonmobil.com+4. ExxonMobil also made structural cost savings of around US $12.1 billion (since 2019), and it has distributed over US $36 billion of capital to shareholders through dividends and buybacks in 2024 alone corporate.exxonmobil.com+3corporate.exxonmobil.com+3reddit.com+3.

ExxonMobil’s operations span exploration and production, refining, chemicals, and downstream product distribution—with major assets such as the Baytown Refinery in Texas and international chemical and energy investments Wikipedia. The company is actively investing in “low-carbon solutions,” including carbon capture and storage, hydrogen energy, advanced recycling (e.g. Proxxima resin systems), and clean fuels—targeting new markets and long-term energy transition opportunities reddit.com+1reddit.com+1.

Looking ahead, ExxonMobil plans to capitalize on advantaged capital projects in Guyana, strengthen low-carbon initiatives, and maintain financial discipline to deliver sustainable growth. It remains one of the largest profit generators globally and continues to position itself as a technology-driven energy major navigating the energy transition while optimizing legacy hydrocarbon businesses.