Exxonmobil Net Worth (Updated 2026).
ExxonMobil, a name that has become synonymous with the oil and gas industry, traces its origins back to the early 20th century. Founded in 1870 as the Standard Oil Company by the legendary John D. Rockefeller, it was one of the first major oil companies in the United States. The company’s rise to prominence was swift and steady, thanks to Rockefeller’s innovative business strategies and the nation’s growing demand for oil.
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ExxonMobil’s Current Net Worth
As of 2025, ExxonMobil’s current net worth stands at approximately $230 billion, according to the latest available information. This figure is a reflection of the company’s extensive global operations and significant market presence.
ExxonMobil’s Career
Founded in 1870, ExxonMobil has a rich history in the energy industry. It began as the Standard Oil Company, established by John D. Rockefeller. Through mergers and acquisitions, it evolved into the Exxon Corporation in 1972, and merged with Mobil in 1999 to form ExxonMobil. Today, it’s one of the world’s largest publicly traded international oil and gas companies.
ExxonMobil’s Other Ventures
Beyond oil and gas, ExxonMobil has diversified into other areas. It’s involved in chemical manufacturing, with products ranging from plastics to performance chemicals. Additionally, it’s exploring low-emission energy solutions, such as carbon capture and storage technologies, and has invested in biofuels and wind power.
ExxonMobil’s Assets
ExxonMobil’s assets are vast and varied. As of 2021, its total proved reserves were approximately 24 billion oil-equivalent barrels. It operates in over 50 countries, with significant assets in the United States, Canada, Europe, and the Middle East. Its global refinery system has a crude oil processing capacity of over 5 million barrels per day.
ExxonMobil’s Annual Income
In 2021, ExxonMobil’s total revenue was $278.5 billion. This figure reflects the company’s global operations and market conditions. The company’s net income for the year was $23 billion, demonstrating its profitability despite market fluctuations and the impact of the COVID-19 pandemic on energy demand.
Frequently Asked Questions about Exxonmobil
**Frequently Asked Questions: ExxonMobil Net Worth**
1. What is ExxonMobil’s net worth?
ExxonMobil’s net worth is estimated to be around $330 billion.
2. How does ExxonMobil compare to other oil and gas companies in terms of net worth?
ExxonMobil is one of the world’s largest publicly traded international oil and gas companies. Its net worth is comparable to other major oil and gas companies such as Shell and BP.
3. What are the main factors contributing to ExxonMobil’s net worth?
The main factors contributing to ExxonMobil’s net worth include its extensive global operations, vast oil and gas reserves, and strong financial performance over the years.
4. How has ExxonMobil’s net worth changed over time?
ExxonMobil’s net worth has fluctuated over the years due to changes in oil prices, market conditions, and other factors. However, it has consistently remained one of the most valuable companies in the world.
5. What is ExxonMobil’s market capitalization?
ExxonMobil’s market capitalization is around $300 billion.
6. How does ExxonMobil generate revenue?
ExxonMobil generates revenue through its various business segments, including Upstream (exploration and production of crude oil and natural gas), Downstream (refining, marketing, and chemical operations), and Chemical (manufacturing and marketing of chemical products).
7. What are some of ExxonMobil’s most significant assets?
Some of ExxonMobil’s most significant assets include its extensive global oil and gas reserves, refineries, chemical plants, and pipelines. It also has a strong brand and a large retail network.
8. How does ExxonMobil invest in renewable energy?
ExxonMobil has invested in various renewable energy projects, including biofuels, wind, and solar. However, its primary focus remains on oil and gas production.
9. What is ExxonMobil’s approach to sustainability and climate change?
ExxonMobil has taken steps to reduce its greenhouse gas emissions and invest in low-carbon technologies. However, it has faced criticism for not doing more to address climate change.
10. How does ExxonMobil contribute to the global economy?
ExxonMobil contributes to the global economy through its significant investments in exploration and production, refining, marketing, and chemical operations. It also provides employment to a large number of people worldwide.
