Exxon Mobil Corporation at a Glance


  • Employees praise the stable employment and good pay.


  • Some insiders say that long hours leads to lousy work/life balance.

The Bottom Line

  • Working for the world's most profitable company has its advantages. It pays well, but it can be a rat race.

About Exxon Mobil Corporation

It's not necessarily the oil standard, but Exxon Mobil is one of the world's largest integrated oil companies (with Royal Dutch Shell and BP) engaging in oil and gas exploration, production, supply, transportation, and marketing. In 2015 it had proved reserves of 24.7 billion barrels of oil equivalent, including oil sands assets through Imperial Oil. Exxon Mobil's 23 refineries in 14 countries have a throughput capacity of 5 million barrels per day and daily lubricant basestock manufacturing capacity of 136,000 barrels. It supplies refined products to more than 19,000 gas stations worldwide and is a major petrochemical producer. In 2017 Exxon Mobil CEO Rex Tillerson was confirmed as US Secretary of State.


Exxon Mobil is primarily engaged in oil and gas exploration and production, natural gas marketing, and refining operations in North America; natural gas exploration, production and distribution, and downstream operations in Europe; and exploration, production, liquefied natural gas (LNG) operations, refining operations, petrochemical manufacturing, and fuel sales in Asia. It also had several refining, petrochemical manufacturing, and marketing ventures.

In addition to it conventional exploration, production, and refining activities, Exxon Mobil holds 69.6% of Imperial Oil, which owns 25% of the Syncrude joint venture, which extracts crude bitumen from Alberta's oil sands and upgrades it to produce a synthetic crude oil.

Through ExxonMobil Chemical, the company also develops and sells petrochemicals (including ethylene, propylene, and their derivatives, which make up the base of most other petrochemicals and plastics). Another unit mines coal and other minerals. Exxon Mobil also has stakes in electric power plants in China.

The company's downstream segment (refining and marketing) accounted for 81% of its total revenues in 2014.

Geographic Reach

With assets in 100 countries the company has major operations in Abu Dhabi, Angola, Australia Canada, Equatorial Guinea, Malaysia, Nigeria, Norway, Qatar, Russia, the UK, and the US.

In 2015 the US accounted for 36% of Exxon Mobil's total revenues.

Sales and Marketing

Exxon Mobil's fuels and lubes marketing businesses have significant global reach, with multiple channels to market serving a diverse customer base. It brands includes Exxon, Mobil, Esso, and Mobil 1.

Financial Performance

The company's revenues have been declining over the last five years

In 2015 Exxon Mobil's net revenues decreased by 34%. Revenues from upstream decreased due to lower production as a result of a decline in crude oil prices. "All other items" decreased earnings primarily due to lower asset management gains and $500 million of lower favorable one‑time tax effects, partly offset by lower expenses of about $230 million.

Downstream earnings increased from 2014. Stronger margins increased earnings, while volume and mix effects decreased earnings by $200 million.

Exxon Mobil's chemical earnings increased, and stronger margins grew earnings, along with favorable volume and mix effects. All other items decreased, reflecting unfavorable foreign exchange effects and in negative tax and inventory impacts, partly offset by asset management gains. Prime product sales of 24.7 million metric tons were up 478,000 metric tons from 2014. US Chemical earnings were down while non US Chemical rose.

The company has recorded a declining trend in net income in the last five years.

In fiscal 2015 Exxon Mobil's net income decreased by 50% due to lower net sales.

Cash from operating activities decreased by 33%.


Exxon Mobil's business model includes organic growth, complementary acquisitions, strategic partnerships, and joint ventures. In response to global rising energy demand the company in investing in developing energy-efficient and lower-emission fuels, technologies and practices to help significantly reduce energy consumption and emissions. In response to market demand for cleaner fuels, Exxon Mobil is investing more than $1 billion in three refineries (Baton Rouge, Louisiana; Baytown, Texas; and Antwerp, Belgium) to increase the supply of cleaner burning diesel by about 6 million gallons per day.

Exxon Mobil is also investing heavily in deepwater exploration (in water depths greater than 1,350 feet).

On the cost management side, in 2015 the company agreed to sell its troubled Southern California refinery for $537 million. The refinery had been shut down since a February explosion that injured four contractors.

The company started up six major projects in 2015, adding nearly 300,000 barrels per of capacity a day. These include two capital-efficient subsea tiebacks offshore West Africa - Kizomba Satellites Phase 2 in Angola and Erha North Phase 2 in Nigeria - as well as an expansion of the Kearl oil sands development in Canada.

Exxon Mobil is progressing strategic investments focused on improving feedstock flexibility, increasing production of higher-value products, expanding and diversifying logistics capabilities, and enhancing operating efficiency. In 2015, the company was building a joint venture specialty elastomers facility in Saudi Arabia that will produce higher-margin synthetic rubber products. It also announced an expansion at the Rotterdam Refinery in the Netherlands, using proprietary hydrocracking technology to produce high-quality lube basestocks and ultra-low sulfur diesel to meet growing demand.

Exxon Mobil regularly adjusts its portfolio through investment, restructuring or divestment consistent with overall global and regional business strategies. The company remain committed to a large, global refining portfolio as part of their integrated business strategy. The company will continue to make significant investments across the globe to strengthen their facilities and integration with chemicals and lubricant manufacturing. In 2015, the company also reached an agreement to sell Torrance Refinery to PBF Energy.

In 2014 Exxon Mobil began construction of a major expansion at Texas facilities, including a new world-scale ethane cracker and polyethylene lines, to capitalize on low-cost feedstock and energy supplies in North America and meet rapidly growing demand for premium polymers.

That year Exxon Mobil and working interest owners invested more than $2.6 billion in the development of Point Thomson as a key part in unlocking Alaska's North Slope gas resources.

In 2013 Exxon Mobil started up the Singapore Chemical Expansion Project (the company's largest integrated petrochemical complex), more than doubling steam‑cracking capacity at the site and significantly increasing premium and specialty products capacity. Singapore is now Exxon Mobil's largest integrated petrochemical complex.

That year Exxon Mobil opened its new Asia Pacific Signum Laboratory in Shanghai, the company's first in the Asia/Pacific region to provide customers direct access to high quality oil analysis to help improve their equipment performance. The new Signum Laboratory at the Shanghai Technology Center extends Exxon Mobil's technology footprint in China and the region and enables it to better support customers.

Mergers and Acquisitions

In a move to more than double its output from the prolific Permian Basin In West Texas, in 2017 Exxon Mobil agreed to buy companies owned by the Bass family of Fort Worth in a deal worth up to $6.6 billion. The targeted companies hold 275,000 acres of leasehold land that produce more than 18,000 net barrels of oil equivalent per day.

To boost its gas assets in Papua New Guinea, in 2016 the company bid $2.5 billion to acquire InterOil, besting TOTAL's offer.

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Exxon Mobil Corporation

5959 Las Colinas Blvd
Irving, TX 75039-2298
Phone: 1 (972) 444-1000
Fax: 1 (972) 444-1198


  • Employer Type: Public
  • Stock Symbol: XOM
  • Stock Exchange: NYSE
  • Chairman and CEO: Darren W. Woods
  • SVP and Principal Financial Officer: Andrew P. Swiger
  • Chairman and CEO: Darren W. Woods
  • 2016 Employees: 71,100

Major Office Locations

  • Irving, TX

Other Locations

  • Kenai, AK
  • Foley, AL
  • Selma, AL
  • Theodore, AL
  • Bentonville, AR
  • Brinkley, AR
  • Clinton, AR
  • Glenwood, AR
  • Heber Springs, AR
  • Ozark, AR
  • Chandler, AZ
  • Goodyear, AZ
  • Mesa, AZ
  • Aliso Viejo, CA
  • Cerritos, CA
  • City Of Industry, CA
  • Corona, CA
  • Fallbrook, CA
  • Garden Grove, CA
  • Goleta, CA
  • Laguna Niguel, CA
  • Lebec, CA
  • Long Beach, CA
  • Los Angeles, CA
  • Mc Kittrick, CA
  • Modesto, CA
  • Moreno Valley, CA
  • Oxnard, CA
  • Rancho Cucamonga, CA
  • Riverside, CA
  • San Ardo, CA
  • San Diego, CA
  • San Gabriel, CA
  • Santee, CA
  • Taft, CA
  • Englewood, CO
  • Meeker, CO
  • Rifle, CO
  • Vail, CO
  • Hartford, CT
  • Orange, CT
  • Washington, DC
  • Bonita Springs, FL
  • Boynton Beach, FL
  • Cantonment, FL
  • Deerfield Beach, FL
  • Fort Lauderdale, FL
  • Fort Myers, FL
  • Greenacres, FL
  • Jensen Beach, FL
  • Lake Buena Vista, FL
  • Miami, FL
  • Naples, FL
  • Orlando, FL
  • Royal Palm Beach, FL
  • Saint Petersburg, FL
  • Sanford, FL
  • South Pasadena, FL
  • Summerfield, FL
  • Sunrise, FL
  • Valrico, FL
  • Venice, FL
  • West Palm Beach, FL
  • Winter Park, FL
  • Winter Springs, FL
  • Lagrange, GA
  • Lithia Springs, GA
  • Savannah, GA
  • Bement, IL
  • Calumet City, IL
  • Carlinville, IL
  • Channahon, IL
  • Chicago, IL
  • Cicero, IL
  • Des Plaines, IL
  • Downers Grove, IL
  • Elk Grove Village, IL
  • Elmhurst, IL
  • Elwood, IL
  • Gibson City, IL
  • Hinsdale, IL
  • Hoffman Estates, IL
  • Joliet, IL
  • Lake Forest, IL
  • Lincolnwood, IL
  • Lockport, IL
  • Lombard, IL
  • Mchenry, IL
  • Mokena, IL
  • Morton Grove, IL
  • Naperville, IL
  • Patoka, IL
  • Steeleville, IL
  • Vernon, IL
  • Wheeling, IL
  • Wilmington, IL
  • Hammond, IN
  • Hugoton, KS
  • Kansas City, KS
  • Lakin, KS
  • Olathe, KS
  • Ulysses, KS
  • Avery Island, LA
  • Baton Rouge, LA
  • Bernice, LA
  • Cameron, LA
  • Chalmette, LA
  • Dubach, LA
  • Franklin, LA
  • Grand Isle, LA
  • Gueydan, LA
  • Haynesville, LA
  • Jena, LA
  • Lisbon, LA
  • Monroe, LA
  • Port Allen, LA
  • Saint James, LA
  • Shreveport, LA
  • Slidell, LA
  • Sorrento, LA
  • Thibodaux, LA
  • Boston, MA
  • Bridgewater, MA
  • Everett, MA
  • South Yarmouth, MA
  • Taunton, MA
  • Tewksbury, MA
  • Annapolis, MD
  • Baltimore, MD
  • Germantown, MD
  • Suitland, MD
  • South Portland, ME
  • Bridgeport, MI
  • Commerce Township, MI
  • Detroit, MI
  • Grosse Pointe Woods, MI
  • Hazel Park, MI
  • Riverview, MI
  • Saint Clair Shores, MI
  • Southfield, MI
  • Troy, MI
  • Waterford, MI
  • White Lake, MI
  • Jackson, MS
  • Pascagoula, MS
  • Billings, MT
  • Bozeman, MT
  • Bridger, MT
  • Laurel, MT
  • Sidney, MT
  • Charlotte, NC
  • Durham, NC
  • Alexander, ND
  • North Platte, NE
  • Exeter, NH
  • Hampton, NH
  • Henniker, NH
  • Manchester, NH
  • Nashua, NH
  • Absecon, NJ
  • Annandale, NJ
  • Colonia, NJ
  • Edison, NJ
  • Egg Harbor Township, NJ
  • Farmingdale, NJ
  • Lambertville, NJ
  • Linden, NJ
  • Mount Laurel, NJ
  • Northvale, NJ
  • Paulsboro, NJ
  • Piscataway, NJ
  • Teaneck, NJ
  • Aztec, NM
  • Albany, NY
  • Brooklyn, NY
  • Buffalo, NY
  • Cedarhurst, NY
  • Central Valley, NY
  • Falconer, NY
  • Latham, NY
  • Liverpool, NY
  • Macedon, NY
  • Mahopac, NY
  • Manorville, NY
  • New York, NY
  • Poughkeepsie, NY
  • Schenectady, NY
  • Staten Island, NY
  • Syracuse, NY
  • Waterloo, NY
  • Wurtsboro, NY
  • Bellaire, OH
  • Bridgeport, OH
  • Mcalester, OK
  • Oklahoma City, OK
  • Ringwood, OK
  • Shawnee, OK
  • Wilson, OK
  • Portland, OR
  • Allentown, PA
  • Conshohocken, PA
  • Export, PA
  • Exton, PA
  • Harrisburg, PA
  • Malvern, PA
  • Montoursville, PA
  • Newtown Square, PA
  • Pittsburgh, PA
  • Reading, PA
  • Renfrew, PA
  • Upper Darby, PA
  • Warrendale, PA
  • Riverside, RI
  • Myrtle Beach, SC
  • Custer, SD
  • Bristol, TN
  • Lewisburg, TN
  • Memphis, TN
  • Murfreesboro, TN
  • Nashville, TN
  • Alto, TX
  • Andrews, TX
  • Austin, TX
  • Baytown, TX
  • Beaumont, TX
  • Bryan, TX
  • Carthage, TX
  • Center, TX
  • Coahoma, TX
  • Conroe, TX
  • Corpus Christi, TX
  • Corsicana, TX
  • Cypress, TX
  • Dallas, TX
  • Denver City, TX
  • Donie, TX
  • Duncanville, TX
  • Fort Worth, TX
  • Garland, TX
  • Goldsmith, TX
  • Hawkins, TX
  • Hillsboro, TX
  • Houston, TX
  • Humble, TX
  • Jersey Village, TX
  • Katy, TX
  • Kilgore, TX
  • Lewisville, TX
  • Longview, TX
  • Lorena, TX
  • Midland, TX
  • Mont Belvieu, TX
  • Murchison, TX
  • Nacogdoches, TX
  • New London, TX
  • Perryton, TX
  • Plano, TX
  • Rockwall, TX
  • Rosenberg, TX
  • San Antonio, TX
  • Sherman, TX
  • Spring, TX
  • Sugar Land, TX
  • Talco, TX
  • Tokio, TX
  • Tyler, TX
  • Waco, TX
  • Waskom, TX
  • Webster, TX
  • Winnsboro, TX
  • Yoakum, TX
  • Orangeville, UT
  • Roosevelt, UT
  • Arlington, VA
  • Ashburn, VA
  • Chantilly, VA
  • Fairfax, VA
  • Falls Church, VA
  • Hampton, VA
  • Leesburg, VA
  • Newport News, VA
  • Norfolk, VA
  • Richmond, VA
  • Stafford, VA
  • Sterling, VA
  • Thornburg, VA
  • Virginia Beach, VA
  • Williamsburg, VA
  • Bristol, VT
  • Burlington, VT
  • Everett, WA
  • Eau Claire, WI
  • Green Bay, WI
  • La Crosse, WI
  • Osceola, WI
  • Tomah, WI
  • Beckley, WV
  • Jane Lew, WV
  • Logan, WV
  • Kemmerer, WY
  • La Barge, WY
  • Antwerpen, Belgium
  • Brussel, Belgium
  • Doornik, Belgium
  • Luik, Belgium
  • Machelen (Bt.), Belgium
  • Meerhout, Belgium
  • Seraing, Belgium
  • Zwijndrecht, Belgium
  • Canoas, Brazil
  • Cuiaba, Brazil
  • Mogi Das Cruzes, Brazil
  • Paulinia, Brazil
  • Rio De Janeiro, Brazil
  • Santos, Brazil
  • Sao Francisco, Brazil
  • Sao Paulo, Brazil
  • Ajax, Canada
  • Amherst, Canada
  • Bonnyville, Canada
  • Brampton, Canada
  • Brantford, Canada
  • Brooks, Canada
  • Brossard, Canada
  • Burnaby, Canada
  • Calgary, Canada
  • Canmore, Canada
  • Cannifton, Canada
  • Carstairs, Canada
  • Corner Brook, Canada
  • Cynthia, Canada
  • Deer Lake, Canada
  • Devon, Canada
  • Dorval, Canada
  • Dundalk, Canada
  • East St Paul, Canada
  • Edmonton, Canada
  • Estevan, Canada
  • Fenwick, Canada
  • Fort Macleod, Canada
  • Fort Nelson, Canada
  • Fort St. John, Canada
  • Goldboro, Canada
  • Gull Lake, Canada
  • Halifax, Canada
  • Happy Valley-Goose Bay, Canada
  • Inuvik, Canada
  • Jonquière, Canada
  • Lancaster, Canada
  • Langley, Canada
  • Lewisporte, Canada
  • Lloydminster, Canada
  • Markham, Canada
  • Mckerrow, Canada
  • Midland, Canada
  • Mississauga, Canada
  • Moncton, Canada
  • Musquodoboit Harbour, Canada
  • Nanaimo, Canada
  • Nanticoke, Canada
  • Napanee, Canada
  • Nepean, Canada
  • Newcastle, Canada
  • Nobel, Canada
  • Norman Wells, Canada
  • North York, Canada
  • Orangeville, Canada
  • Oshawa, Canada
  • Point Tupper, Canada
  • Port Moody, Canada
  • Prince Albert, Canada
  • Prince George, Canada
  • Radville, Canada
  • Red Deer, Canada
  • Regina, Canada
  • Saint-Andre, Canada
  • Saint-Jean-Port-Joli, Canada
  • Saint-Laurent, Canada
  • Sarnia, Canada
  • Sault Ste. Marie, Canada
  • Sept-Îles, Canada
  • St Catharines, Canada
  • St. John'S, Canada
  • Sudbury, Canada
  • Sydney, Canada
  • Terrace, Canada
  • Thornhill, Canada
  • Toronto, Canada
  • Uxbridge, Canada
  • Vancouver, Canada
  • Vernon, Canada
  • Victoria, Canada
  • Waterdown, Canada
  • Whitecourt, Canada
  • Woodbridge, Canada
  • Beijing, China
  • Chengdu, China
  • Fuzhou, China
  • Guangzhou, China
  • Huhehaote, China
  • Bengaluru, India
  • Gurgaon, India
  • Hyderabad, India
  • Mumbai, India
  • Navi Mumbai, India
  • New Delhi, India
  • Sandnes, Norway
  • Stavanger, Norway
  • Taipei City, Taiwan
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