Exxon Net Worth (Updated 2026).
Exxon, originally known as the Standard Oil Company of New Jersey, was founded in 1870 by John D. Rockefeller and his associates. The company was established during the height of the oil industry’s infancy, and it quickly became a dominant force in the market.
In the early 1900s, Exxon, then still part of Standard Oil, began to expand its operations internationally, setting up refineries and drilling operations in countries like Venezuela and Indonesia. This strategic move allowed the company to secure a steady supply of oil and expand its customer base, contributing to its growing fame and influence in the global energy landscape.
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Exxon’s Current Net Worth (as of 2025)
As of 2025, ExxonMobil’s current net worth is approximately $320 billion, according to the latest available information. This figure reflects the company’s market capitalization, which is a measure of its overall value based on its stock price and the number of outstanding shares.
Exxon’s Career
ExxonMobil, originally founded as the Standard Oil Company in 1870, is one of the world’s largest publicly traded international oil and gas companies. It was formed by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil in 1999. ExxonMobil has a long history of growth and innovation, operating in over 50 countries and employing approximately 75,000 people worldwide.
Exxon’s Other Ventures
In addition to its core oil and gas operations, ExxonMobil has expanded into other ventures to diversify its business. These include chemical manufacturing, through its subsidiary, ExxonMobil Chemical, and a global lubricants business that markets and sells a wide range of lubricants under the Mobil brand. The company also has significant investments in renewable energy, including biofuels and carbon capture and storage technologies.
Exxon’s Assets
ExxonMobil’s extensive assets include oil and gas reserves, refineries, chemical plants, and a vast network of service stations under the Exxon, Mobil, and Esso brands. As of 2021, the company’s proven oil and gas reserves totaled approximately 25 billion oil-equivalent barrels. Its refinery system has a crude oil processing capacity of over 4.9 million barrels per day, and its chemical manufacturing capacity is among the largest in the world.
Exxon’s Annual Income
ExxonMobil’s annual income, or revenue, has fluctuated over the years due to changes in oil prices and market conditions. In 2021, the company’s revenue was $278.5 billion, a significant increase from the previous year due to higher oil prices and strong demand for its products. ExxonMobil’s net income in 2021 was $23 billion, compared to a net loss of $22.4 billion in 2020, reflecting the company’s strong financial performance in 2021.
Frequently Asked Questions about Exxon
**Frequently Asked Questions: Exxon Net Worth**
1. What is Exxon’s net worth?
Exxon’s net worth is estimated to be over $300 billion.
2. How does Exxon compare to other oil and gas companies in terms of net worth?
Exxon is one of the world’s largest publicly traded international oil and gas companies by market capitalization and net worth. It is often in the top 3 along with companies like Royal Dutch Shell and Chevron.
3. What are Exxon’s main sources of income?
Exxon’s main sources of income are its exploration and production of oil and natural gas, as well as its refining and marketing of petroleum products.
4. How many employees does Exxon have?
As of 2021, Exxon employs approximately 53,000 people worldwide.
5. In which countries does Exxon operate?
Exxon operates in over 50 countries across six continents.
6. What is Exxon’s role in the development of alternative energy sources?
Exxon is investing in lower-emission technologies, such as carbon capture and storage, and biofuels. However, it is also criticized for not doing enough to transition to renewable energy.
7. How has the COVID-19 pandemic impacted Exxon’s net worth?
The COVID-19 pandemic has significantly impacted Exxon’s net worth due to reduced demand for oil and gas, leading to a decrease in its stock price and profits.
8. What are some of Exxon’s notable acquisitions and mergers?
Some of Exxon’s notable acquisitions and mergers include its merger with Mobil in 1999, the acquisition of XTO Energy in 2010, and its acquisition of several assets from Imperial Oil in 2019.
9. How does Exxon contribute to environmental conservation and sustainability?
Exxon has several initiatives focused on environmental conservation and sustainability, such as its Methane Emissions Management Program and its support for the Ocean Conservancy’s Trash Free Seas initiative. However, it also faces criticism for its environmental impact and climate change policies.
10. Who is the current CEO of Exxon?
The current CEO of Exxon is Darren Woods, who succeeded Rex Tillerson in 2017.
