@xtoenergy.com
From a company of eight employees working in a cramped Fort Worth office, to a team of nearly 4,000, XTO has come a long way β and we believe this is only the beginning.
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ExxonMobil is an American multinational oil and gas corporation headquartered in Irving, Texas. Established in 1999 through the merger of Exxon and Mobil, both companies have a long and rich history in the energy industry. Exxon was founded in 1882 by John D.
Rockefeller and was originally named Standard Oil Company of New Jersey. Mobil, on the other hand, had its roots in 1866 when the Vacuum Oil Company was established. Both companies played significant roles in the development of the oil and gas industry, exploring and producing petroleum reserves worldwide.
ExxonMobil's headquarters in Irving, Texas, is a state-of-the-art complex that covers over 385 acres. It serves as the center for executive leadership, global functions, and research and engineering operations for the company. ExxonMobil is primarily engaged in the exploration, production, refining, and marketing of oil and gas products.
It operates in multiple segments, including Upstream, Downstream, and Chemicals. The Upstream segment focuses on exploration, production, and development of oil and gas resources. The Downstream segment involves refining, marketing, and distributing petroleum products.
The Chemicals segment produces and markets petrochemicals globally. As a global player, ExxonMobil has operations in more than 50 countries, with significant presence in the United States, Europe, Asia, and Africa. The company has several noteworthy subsidiaries, including XTO Energy, Imperial Oil, and ExxonMobil Chemical, among others.
Additionally, it has formed various joint ventures and partnerships with international companies to enhance its operating and growth capabilities. ExxonMobil holds a prominent market position in the oil and gas industry. It is one of the largest publicly traded companies globally and consistently ranks among the top energy companies in terms of market capitalization and revenue.
The company's strong presence across the value chain and its global footprint contribute to its competitive advantage. Over the years, ExxonMobil has achieved several milestones and received recognition for its commitment to operational excellence and environmental stewardship. The company has been actively investing in research and development to develop innovative technologies and solutions to address global energy challenges.
As of the latest information available, ExxonMobil continues to navigate the ever-changing energy landscape. It is focused on maximizing shareholder value, pursuing sustainable growth, and remaining at the forefront of energy innovation. The company prioritizes safety, efficiency, and environmental responsibility in all its operations.
In summary, ExxonMobil is a leading multinational oil and gas corporation with a rich history and global presence. It offers a wide range of products and services, operates globally, and holds a strong market position. With a commitment to innovation and sustainability, ExxonMobil remains a key player in the energy industry
Company Type
Public Company
Company Size
1001-5000
Year Founded
1986
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