Exxon Mobil (XOM)

Frequently Asked Questions About Exxon Mobil (XOM)

How can investors buy Exxon Mobil stock?

Investors can buy Exxon Mobil stock through brokerage accounts by placing an order to purchase shares of XOM, its ticker symbol on the NYSE. They can also invest in the company through mutual funds or exchange-traded funds (ETFs) that include Exxon Mobil as part of their portfolio.

How does Exxon Mobil address climate change?

Exxon Mobil acknowledges climate change as a significant global challenge and is actively investing in technologies that reduce greenhouse gas emissions. The company focuses on enhancing energy efficiency, developing biofuels, advancing carbon capture and storage technologies, and investing in renewable energy initiatives to transition towards a lower-carbon future.

How does Exxon Mobil handle environmental regulations?

Exxon Mobil actively complies with environmental regulations in all the countries where it operates. The company works to ensure that its operations meet or exceed environmental standards through diligent assessments, risk management practices, and investments in technology that minimize pollution and uphold environmental stewardship.

How does Exxon Mobil perform financially?

Exxon Mobil has traditionally been recognized as one of the most financially robust companies in the oil and gas sector. The company reports strong revenues due to its extensive global operations and diversified portfolio. Financial performance varies with changes in oil and gas prices, but the company has a history of paying dividends and maintaining solid earnings even through market fluctuations.

How many employees does Exxon Mobil have?

Exxon Mobil employs approximately 71,000 people worldwide across various functions and regions. The workforce encompasses a diverse range of skills and expertise, reflecting the company's expansive operations in exploration, production, refining, and marketing in the oil and gas sector.

Is Exxon Mobil involved in any partnerships?

Yes, Exxon Mobil routinely engages in partnerships and joint ventures with other companies, research institutions, and governments to maximize resource development and share technology. These collaborations enable the sharing of expertise, risk, and capital while also fostering innovation in the energy sector.

What are Exxon Mobil's core values?

Exxon Mobil’s core values emphasize safety, integrity, and respect for people. The company is committed to conducting its business ethically and transparently while prioritizing the health and safety of its employees, minimizing environmental impact, and engaging positively with local communities.

What are Exxon Mobil's main products?

Exxon Mobil produces a wide range of products, including crude oil, natural gas, gasoline, diesel fuel, jet fuel, lubricants, and petrochemicals. Its chemical division also manufactures products that are used in various industries, including packaging, plastics, and electronics, showcasing the company's diverse portfolio.

What does Exxon Mobil do?

Exxon Mobil is one of the largest publicly traded oil and gas companies in the world. It operates in various segments, including exploration and production of oil and natural gas, refining, and marketing of petroleum products, and the production of chemicals. The company is involved in every aspect of the oil and gas industry value chain, from discovering new energy sources to refining and selling fuels and lubricants.

What initiatives does Exxon Mobil have for community engagement?

Exxon Mobil is committed to engaging with the communities where it operates by supporting local development initiatives, education programs, and responding to community needs. The company often collaborates with local governments and organizations to foster sustainable economic growth and improve the quality of life in those areas.

What is Exxon Mobil's approach to sustainability?

Exxon Mobil integrates sustainability into its business strategy by focusing on reducing its environmental footprint, promoting energy efficiency, and investing in research and innovation for sustainable energy solutions. The company aims to balance economic growth with social responsibility, contributing to sustainable development while meeting global energy demands.

What is Exxon Mobil's dividend policy?

Exxon Mobil has a long-standing commitment to returning value to shareholders through dividends. The company has consistently paid dividends for over a century, and it aims to maintain a competitive dividend yield, reflecting its financial health and commitment to shareholders even during periods of downturn in commodity prices.

What is Exxon Mobil's stock symbol?

Exxon Mobil is traded on the New York Stock Exchange (NYSE) under the ticker symbol 'XOM'. Investors widely track this symbol as it represents one of the largest companies in the energy sector and is a significant component of various stock market indices.

What is Exxon Mobil's strategy for exploring new energy sources?

Exxon Mobil employs a systematic and technologically advanced approach to exploring new energy sources, focusing on geological surveys, advanced seismic imaging, and strategic partnerships. The company invests in research and development to identify and assess potential new oil and gas reserves while also exploring alternatives such as renewables and biofuels.

What is the history of Exxon Mobil?

Exxon Mobil's history dates back to the late 19th century, with the founding of John D. Rockefeller's Standard Oil Company in 1870. After a series of breakups and mergers, the company evolved through several names and forms, eventually becoming Exxon and then merging with Mobil in 1999 to form Exxon Mobil Corporation. This merger solidified its position as a leading player in the oil and gas industry.

What regions does Exxon Mobil operate in?

Exxon Mobil operates on a global scale, with significant investments and operations in North America, Europe, Asia, Africa, and Australia. The company's diverse geographical presence allows it to tap into various energy markets while mitigating risks associated with regional fluctuations in energy demand and supply.

What role does technology play in Exxon Mobil's operations?

Technology plays a crucial role in Exxon Mobil's operations by enhancing efficiency, productivity, and safety. The company invests significantly in technological innovations across its operations, from exploration and production to refining and distribution, enabling it to optimize processes, minimize costs, and reduce environmental impact.

What steps is Exxon Mobil taking toward renewable energy?

Exxon Mobil is taking proactive steps toward enhancing its investments in renewable energy, including biofuels, hydrogen, and advanced batteries. The company sees these technologies as complementary to its traditional hydrocarbon operations and is committed to developing scalable, cost-effective solutions to meet the world’s increasing demand for cleaner energy.

Where is Exxon Mobil headquartered?

Exxon Mobil Corporation is headquartered in Irving, Texas, USA. This location serves as the operational and administrative center for the company, allowing it to coordinate its extensive global operations in the energy sector.

What is the current price of Exxon Mobil?

The current price of Exxon Mobil is 118.67

When was Exxon Mobil last traded?

The last trade of Exxon Mobil was at 7:00 pm EDT on April 2nd, 2025

What is the market capitalization of Exxon Mobil?

The market capitalization of Exxon Mobil is 502.40B

How many shares of Exxon Mobil are outstanding?

Exxon Mobil has 4.23B shares outstanding.