Exxon Mobil Common Stock (NYSE: XOM)

Exxon Mobil Inc. is a publicly traded company listed on the New York (NYSE) stock exchange under the ticker symbol "XOM". Exxon Mobil is a component of the S&P 500 Index.

Exxon Mobil Corporation (XOM) is one of the world's largest publicly traded oil and gas companies. The company has a long history of paying dividends and is considered by some investors to be a reliable income stock. However, like any investment, there are risks associated with buying Exxon Mobil stock, including fluctuations in the price of oil, regulatory changes, and geopolitical risks.

Exxon Mobil Corporation is classified under the GICS (Global Industry Classification Standard) Energy Sector, which includes companies involved in the exploration, production, and distribution of oil, gas, and other energy products.

Within the Energy Sector, Exxon Mobil falls under the GICS Sub-Industry of Integrated Oil & Gas. This sub-industry comprises companies engaged in the exploration and production of oil and gas, as well as the refining, marketing, and transportation of petroleum products.

It is important to note that the GICS classification is a widely recognized industry standard, used by many investors and financial professionals to categorize and compare companies. However, it is not a perfect system and may not fully capture all the nuances of a particular company's business or industry. As always, investors should conduct their own research and analysis before making any investment decisions.

Investors who are interested in buying or selling Exxon Mobil stock can do so through a brokerage account or an online trading platform. It's important to keep in mind that investing in stocks carries risks, and past performance is not necessarily indicative of future results. Therefore, it's always recommended to do your own research and consult with a licensed financial advisor before making any investment decisions.

Exxon Mobil Common Stock Dividend

Exxon Mobil raised its quarterly dividend from $0.88 to $0.91 per share in October of 2022.

Exxon Mobil Corporation is known for its long history of paying dividends to its shareholders. The company has been paying a dividend for more than 100 years, and is considered by many investors to be a reliable income stock.



About Exxon Mobil (NYSE: XOM)

ExxonMobil is a multinational oil and gas corporation headquartered in Irving, Texas, United States. The company was formed in 1999 through the merger of Exxon and Mobil, two of the largest oil companies in the world.

The company has a long history, with its roots dating back to the late 19th century when John D. Rockefeller founded Standard Oil. Here are some significant events in ExxonMobil's history:

    John D. Rockefeller and his partners form Standard Oil Company of Ohio.

    The U.S. Supreme Court orders the dissolution of Standard Oil Company into 34 separate companies, including Standard Oil of New Jersey (later Exxon) and Standard Oil of New York (later Mobil).

    Exxon discovers the first commercially viable field of crude oil in Saudi Arabia.

    Mobil discovers the largest natural gas field in the Western Hemisphere in Texas.

    Exxon discovers a major oil field off the coast of Newfoundland, Canada.

    Mobil becomes the first major oil company to establish a corporate environmental affairs office.

    Exxon's oil tanker, the Exxon Valdez, spills 11 million gallons of crude oil into Alaska's Prince William Sound, causing a major environmental disaster.

    Exxon and Mobil merge to form ExxonMobil, creating the world's largest publicly traded oil company.

    Hurricane Katrina damages ExxonMobil's refinery and chemical plant in Baton Rouge, Louisiana, causing a temporary shutdown.

    An explosion at the Deepwater Horizon oil rig owned by BP and in which ExxonMobil is a minority partner, causes the largest marine oil spill in history.

    ExxonMobil reports a net loss of $22.4 billion, the first annual loss in decades, due to the COVID-19 pandemic and falling oil prices.

ExxonMobil is involved in all aspects of the oil and gas industry, from exploration and production to refining and marketing. The company operates in over 50 countries and has a workforce of approximately 72,000 employees.

ExxonMobil is one of the largest integrated oil and gas companies in the world, with operations spanning the entire value chain of the industry. The company's activities include exploration and production of oil and gas, refining and marketing of petroleum products, production of chemicals and lubricants, and the sale of petrochemicals.

ExxonMobil is one of the largest publicly traded companies in the world, with a market capitalization of over $200 billion. ExxonMobil shares are listed on the New York Stock Exchange (NYSE) under the ticker symbol XOM.

The company's primary business segments are upstream (exploration and production), downstream (refining and marketing), and chemicals. Upstream accounted for approximately 22% of revenue, downstream for 63%, and chemicals for 15%.

In terms of exploration and production, ExxonMobil has operations in various regions across the globe, including the United States, Canada, South America, Europe, Africa, Asia, and the Middle East. The company has significant reserves of oil and gas, with proven reserves totaling approximately 22 billion barrels of oil equivalent.

ExxonMobil's refining and marketing operations involve the processing of crude oil into various petroleum products, such as gasoline, diesel, and jet fuel, which are then sold to customers around the world. The company also has a large network of gas stations and convenience stores, primarily under the Exxon and Mobil brands.

In addition to its oil and gas operations, ExxonMobil is also involved in the production of chemicals and lubricants, which are used in a variety of industrial and consumer applications. The company produces a range of products, including plastics, synthetic rubber, and industrial chemicals.

ExxonMobil has a significant presence in the United States, where it operates several refineries and produces oil and gas in multiple states. The company also has a large international presence, with major operations in countries such as Canada, Russia, Qatar, and Papua New Guinea.

In 2020, ExxonMobil reported revenue of $181.5 billion and net income of $4.7 billion. This was a significant drop from 2019, when the company reported revenue of $264.9 billion and net income of $14.3 billion, due in part to the COVID-19 pandemic and its impact on oil demand.

ExxonMobil has been involved in several high-profile controversies over the years. These include its role in the 1989 Exxon Valdez oil spill, which released millions of gallons of oil into Alaska's Prince William Sound, and its alleged efforts to mislead the public about the risks of climate change.

In recent years, ExxonMobil has faced increased pressure from shareholders and activists to address its environmental impact and shift towards renewable energy. The company has announced some initiatives in response, such as plans to reduce emissions and invest in lower-carbon technologies, but it remains a major player in the fossil fuel industry.

ExxonMobil is known for its emphasis on technology and innovation, and has made significant investments in research and development to improve its operations and reduce its environmental impact. However, the company has also faced criticism for its role in contributing to climate change and for its opposition to efforts to combat it.