Exxon Mobil Corporation
Industry: Oil & Gas - Integrated
The corporate entities that would become Exxon and Mobil began the 20th century as components of one company. At the end of the century, they came together as a single premier organization. For most of the years in between, they blazed separate trails as independent, competing enterprises. Each company placed a singular imprint on the energy industry.
Business Summary
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.
Financial Summary
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.







