Exxon Mobil Net Worth (Updated 2025).
Exxon Mobil, a name now synonymous with the global energy industry, traces its roots back to 1870 when John D. Rockefeller founded Standard Oil in Ohio. This company, which would later become Exxon Mobil, began as a small-scale oil refinery operation, marking the start of a career that would span over a century and transform the way the world powers its progress.
In 1911, following an antitrust lawsuit, Standard Oil was broken up into 34 independent companies, one of which was Jersey Standard, later renamed Exxon in 1972. Meanwhile, in 1891, a young entrepreneur named William Larimer Mellon established the Oil City Refinery in Pennsylvania, which would eventually become the Mobil Corporation. The careers of these two companies, Exxon and Mobil, would intersect and merge in 1999, creating the world’s largest publicly traded international oil and gas company, Exxon Mobil.
Exxon Mobil’s Current Net Worth
As of 2025, Exxon Mobil Corporation’s market capitalization stands at approximately $450 billion, according to the latest available information.
Career
Exxon Mobil, formed by the merger of Exxon and Mobil in 1999, is an American multinational oil and gas corporation. It is one of the largest publicly traded companies in the world by revenue. The company operates in over 50 countries and employs around 72,000 people worldwide.
Other Ventures
Exxon Mobil’s primary business is in the exploration, production, refining, and marketing of crude oil and natural gas. However, it also has interests in chemical manufacturing, power generation, and alternative energy. The company is involved in various research projects, including carbon capture and storage technologies, to address climate change.
Assets
Exxon Mobil’s assets are vast and diverse. As of 2021, the company’s proved reserves were approximately 20 billion oil-equivalent barrels. Its global refining capacity is around 4.6 million barrels per day. The company also has significant investments in liquefied natural gas (LNG) projects worldwide.
Annual Income
Exxon Mobil’s annual revenue has fluctuated over the years due to changes in oil prices. In 2021, the company’s revenue was $278.5 billion, a significant increase from the previous year due to higher commodity prices. The company’s net income in 2021 was $23 billion, compared to a net loss of $22.4 billion in 2020.
Frequently Asked Questions about Exxon Mobil
**Frequently Asked Questions: Exxon Mobil Net Worth**
1. What is Exxon Mobil’s net worth?
Exxon Mobil’s net worth is estimated to be around $350 billion.
2. How does Exxon Mobil rank among the world’s largest companies?
Exxon Mobil is consistently ranked among the world’s largest public companies by market capitalization and revenue.
3. What are the main business segments of Exxon Mobil?
Exxon Mobil operates in three primary business segments: Upstream (oil and gas exploration and production), Downstream (refining, marketing, and chemical manufacturing), and Chemical (manufacturing and marketing petrochemicals).
4. Where is Exxon Mobil headquartered?
Exxon Mobil’s headquarters are located in Irving, Texas, United States.
5. When was Exxon Mobil founded?
Exxon Mobil was founded on November 30, 1999, through the merger of Exxon and Mobil.
6. Who is the current CEO of Exxon Mobil?
The current CEO of Exxon Mobil is Darren Woods.
7. What is Exxon Mobil’s stock ticker symbol?
Exxon Mobil’s stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol ‘XOM’.
8. How many employees does Exxon Mobil have?
As of 2021, Exxon Mobil employed approximately 69,000 people worldwide.
9. What is Exxon Mobil’s approach to renewable energy and sustainability?
Exxon Mobil has been investing in lower-emission technologies and renewable energy sources, such as biofuels, wind, and solar power, as part of its commitment to reducing greenhouse gas emissions.
10. How does Exxon Mobil contribute to the local communities where it operates?
Exxon Mobil supports local communities through various initiatives, including education, health, and environmental programs. The company also provides economic opportunities through its operations and supply chain activities.
