How much does ExxonMobil make a year?
ExxonMobil’s operating revenue amounted to approximately 178.6 billion U.S. dollars in 2020….Operating revenue of ExxonMobil from 2001 to 2020 (in million U.S. dollars)
| Characteristic | Revenue in million U.S. dollars |
|---|---|
| 2019 | 255,583 |
| 2018 | 279,332 |
| 2017 | 237,162 |
Is ExxonMobil losing money?
Exxon Mobil reported its fourth consecutive quarterly loss on Tuesday as the pandemic continued to weigh on energy demand and oil and natural gas prices. In the worst year for the company in four decades, Exxon said it lost $22.4 billion in 2020, compared with a profit of $14.3 billion in 2019.
Is Exxon Mobil a good investment?
In 2021 Exxon Mobil (NYSE:XOM) stock has been a very good place to have your money. Shares are up 53% during the first half of the year, against a 14% gain for the S&P 500. The company has also delivered fat dividends, 87 cents per share each quarter. Even at $64/share the yield is nearly 5.4%.
How does ExxonMobil make money?
ExxonMobil explores for, and produces, crude oil and natural gas, as well as petrochemicals and other related products. The Downstream segment generates the most revenue, but the Chemical segment was the only one that made a profit in 2020.Farv
What does the CEO of Exxon make?
Compensation by Company
| Name And Title | Total Compensation |
|---|---|
| D. W. Woods Chairman and CEO | Total Compensation $16,424,332 View details |
| N. W. Duffin President, ExxonMobil Global Projects Company | Total Compensation $7,309,481 View details |
| N. A. Chapman Senior Vice President | Total Compensation $8,924,231 View details |
Is ExxonMobil American?
Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. ExxonMobil’s primary brands are Exxon, Mobil, Esso, and ExxonMobil Chemical.
Who are Exxon competitors?
Chevron Corporation
BPValero Energy
ExxonMobil/Competitors
Is ExxonMobil a buy or sell?
The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change….Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 25.60% |
| 2 | Buy | 19.21% |
| 3 | Hold | 10.85% |
| 4 | Sell | 6.62% |
What is the future of Exxon stock?
Analysts estimate that Exxon will earn $4.29 per share for 2021 and $4.76 per share for 2022. Cash flow from operating activities came in at $9.7 billion. The cash was used to fund dividend payments, capital investments and debt reduction. In fact, Exxon has cut down its debt by $7 billion during 2021.Shah
Why is ExxonMobil successful?
ExxonMobil Corporation (XOM ) is one of the largest energy companies in the world, with a current market capitalization of over $330 billion. ExxonMobil has remained profitable in a lower-priced oil environment due to its lower-cost reserves, thanks to investments in oil sands and liquefied natural gas.B
Who is Mobil owned by?
ExxonMobil
Mobil
| Formerly | Standard Oil Company of New York (1911–31) Socony-Vacuum Oil Co. (1931–63) Mobil (1963–99) |
|---|---|
| Brands | Mobilgas Mobiloil (1920) |
| Owner | ExxonMobil |
| Subsidiaries | Magnolia (1925–59) Standard Vacuum Oil Co. (1933–62) |
| Website | mobil.com |
What is the gross profit of Exxon Mobil?
Exxon gross profit for the twelve months ending March 31, 2021 was $33.820B, a 32.74% decline year-over-year. Exxon annual gross profit for 2020 was $30.942B, a 42.47% decline from 2019. Exxon annual gross profit for 2019 was $53.786B, a 16.86% decline from 2018. Exxon annual gross profit for 2018 was $64.695B, a 21.26% increase from 2017.
How many people are employed by ExxonMobil in the US?
At the end of 2018, ExxonMobil had a market valuation of approximately 289 billion U.S. dollars. More than 71 thousand people were employed by ExxonMobil in 2018. ExxonMobil is composed of three divisions: Upstream, Downstream, and Chemical. Upstream, which includes exploration and extraction, is by far the most important division.
How big is the refining capacity of ExxonMobil?
The company owns oil refineries all over the world, with a refining capacity of some 4.91 million barrels per day. That makes ExxonMobil one of the world’s top refiners. The company’s total proved reserves reach a total oil equivalent of more than 21 billion barrels.
Which is the most important division of ExxonMobil?
ExxonMobil is composed of three divisions: Upstream, Downstream, and Chemical. Upstream, which includes exploration and extraction, is by far the most important division. With approximately 14.1 billion U.S. dollars, it was responsible for around 68 percent of the company’s total net income in 2018.