XOM 📈 Exxon Mobil - Overview

Exxon Mobil Corporation is a multinational energy and chemical company that operates in the United States and globally. The company's primary business segments include Upstream, Energy Products, Chemical Products, and Specialty Products.

The Upstream segment is responsible for exploring and producing crude oil and natural gas, which are the raw materials used to create various energy products. This segment is critical to the company's operations, as it provides the foundation for its downstream businesses.

The Energy Products segment is involved in the refining, manufacturing, and marketing of fuels, aromatics, and catalysts. This segment also offers licensing services to other companies. Exxon Mobil's energy products are sold under three well-known brands: Exxon, Esso, and Mobil. These brands are recognized globally and are synonymous with quality and reliability.

The Chemical Products segment focuses on the manufacturing and marketing of petrochemicals, including olefins, polyolefins, and intermediates. These products are used in a wide range of applications, from packaging and plastics to textiles and automotive parts.

The Specialty Products segment offers a diverse range of performance products, including lubricants, basestocks, waxes, synthetics, elastomers, and resins. These products are used in various industries, such as automotive, aerospace, and construction.

In addition to its core businesses, Exxon Mobil is also involved in the manufacturing, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products. The company is committed to pursuing lower-emission business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. This focus on sustainability is critical to the company's long-term success and its ability to adapt to changing environmental regulations and consumer preferences.

Exxon Mobil Corporation was founded in 1870 and is headquartered in Spring, Texas. With a rich history and a strong commitment to innovation, the company is well-positioned to continue playing a leading role in the global energy and chemical industries.