Exxon Mobil Corporation

Industry: Oil Gas

Fortune Rank: 2

XOM is engaged in the exploration, production, manufacture, transportation and sale of crude oil, natural gas, and petroleum products, and the manufacture of petrochemicals, packaging films and specialty chemicals. For the 6 months ended 6/30/05, revenues rose 23% to $170.62B. Net income rose 38% to $15.50B. Revenues reflect strong crude oil and natural gas prices. Net income also reflects higher margins and a decrease in exploration expenses.

ExxonMobil Corporation is engaged in the petrochemical business. The Company has several divisions and hundreds of affiliates, many with names that include ExxonMobil, Exxon, Esso or Mobil. Divisions and affiliated companies of Exxon Mobil operate or market products in the United States and approximately 200 other countries and territories. Their principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. Exxon Mobil is a major manufacturer and marketer of basic petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It also has interests in electric power generation facilities. Affiliates of Exxon Mobil conduct extensive research programs in support of these businesses.

Exxon Mobil Corporation

Exxon Mobil Corporation is a Fortune 500 company. In 2010 Exxon Mobil Corporation was ranked number 2 on the Fortune 500 list, making it the 2nd largest company in the United States when judged by revenue.

Exxon Mobil Corporation achieved revenue of $284,650.00 million in 2010 and earned a profit of $19,280.00 million.

Exxon Mobil Corporation's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 1st on the Fortune 500. The Previous ranking was based on its 2009 revenue of $442,851 million (a change of -158 million compared to 2010) and profits of $45,220 million (a change of -26 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Exxon Mobil Corporation would be ranked 1st rather than 2nd due to its profits of $19,280 in 2010.

Exxon Mobil Corporation Revenue* Profit* Fortune Ranking
2010284,65019,2802
2009442,85145,2201
2008372,82440,6102
2007347,25439,5002
2006339,93836,1301

* US$ Million

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