Exxon Mobil, a multinational oil and gas corporation headquartered in Texas, has been operating for over a century.As one of the largest publicly traded companies in the world, Exxon Mobil has a significant impact on the global energy market.In this blog post, we will take a closer look at the financial performance of Exxon Mobil in recent years, as well as its future outlook.Whether you are a potential investor or simply interested in the energy industry, this post will provide valuable insights into Exxon Mobil's current and future state.Įxxon Mobil NYSE:XOM OverviewExxon Mobil Corporation (NYSE:XOM) is one of the largest publicly traded international oil and gas companies in the world.The company has a long history of more than 135 years and operates in almost all countries around the globe.Exxon Mobil is involved in various activities related to energy and petrochemicals, including exploration, production, transportation, refining, and marketing of crude oil, natural gas, and petroleum products.In terms of size and revenue, Exxon Mobil is one of the leading players in the oil and gas industry.Īs of 2021, the company has a market capitalization of over $250 billion and generated nearly $180 billion in revenue in 2020.Exxon Mobil employs more than 70,000 people worldwide and has a diverse portfolio of assets, including oil and gas fields, pipelines, refineries, petrochemical plants, and retail stations.Over the years, Exxon Mobil has faced various challenges related to changing market trends, geopolitical risks, and environmental concerns.However, the company has managed to maintain its position as a dominant player in the industry through its robust business strategies and long-term vision.Įxxon Mobil has a strong balance sheet and cash flow, which allows it to fund its growth projects and return value to shareholders through dividends and share buybacks.Year Revenue (in billions) Net Income (in billions) 2018 $279.3 $20.8 2019 $265.Ġ $14.3 2020 $179.3 -$22.4 In conclusion, Exxon Mobil is a well-established and financially sound company that operates in a highly competitive and dynamic industry.
0 kommentar(er)
