Tuesday, June 18, 2013 3:00 PM EST

Exxon Mobil

The Exxon Mobil Corporation, or ExxonMobil, is an American  multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. It has its headquarters in Irving, Texas.

ExxonMobil is one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years. The company has 38 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels.

ExxonMobil is the largest of the six oil supermajors with daily production of 3.921 million BOE (barrels of oil equivalent).
When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.

Headlines Around the Web

U.S., Arkansas sue Exxon over Pegasus pipeline spill

Jun 14 - Financial Post

Marathon Oil taps Exxon Mobil executive as next CEO

Jun 14 - Financial Post

China reaps huge benefits of Iraq’s post-Saddam oil boom

Jun 04 - Financial Post

Exxon CEO concerned about world’s poor? Tillerson says cutting oil use to fight climate change would make poverty reduction harder

May 31 - Financial Post

Indications: Stock futures up ahead of Dow Chemical, claims

Apr 25 - MarketWatch

Slide Show: Chevron vs. Exxon? Morgan Stanley names a favorite

Apr 11 - MarketWatch

Exxon hit with lawsuit over Arkansas spill

Apr 07 - MarketWatch

Exxon replacing oiled Arkansas lawns, ruptured pipeline still shut

Apr 05 - Financial Post

Exxon, BHP plan world’s largest floating LNG plant off Australia

Apr 02 - Financial Post

Exxon’s spill of thousands of barrels of Canadian crude in Arkansas is moving oil prices

Apr 01 - Financial Post

Arkansas town hit by oil spill

Apr 01 - MarketWatch

Keystone XL plan attacked after thousands of barrels of Canadian crude spills from Exxon pipeline

Apr 01 - Financial Post

Slide Show: Exxon to Wall Street: Pain before gain

Mar 07 - MarketWatch

Energy Stocks: Energy stocks gain, Exxon adds to proven reserves

Feb 20 - MarketWatch

Exxon says shale and Canada growth expanded 2012 reserves

Feb 20 - Financial Post

Production miss takes toll on Exxon shares

Feb 02 - MarketWatch

Refining margins help Exxon, Imperial beat Street expectations

Feb 02 - Financial Post

Exxon Mobil profit is just short of record

Feb 02 - CNN Money

Stocks to Watch: Big earnings on Friday: Exxon Mobil, Chevron

Feb 01 - MarketWatch

Dow challenges Exxon’s push to export U.S. gas

Jan 25 - Financial Post

Articles About Exxon Mobil

Insight: Threat of break-up looms over Mexican telecoms tycoon Slim

By Reuters

As Mexico gets ready to unleash a battery of regulations to curb the power of telecoms mogul Carlos Slim, the government is sending clear signals that it will not shy away from breaking up his business if necessary. (Jun 10)

MORE TOPICS: BILL GATES, GDP, TELECOMS, MEXICO, INVESTMENT, CONGRESS

Wall Street drops in late slide, but ends May with gains

By Reuters

Stocks sold off in late trading to close sharply lower on Friday, with the S&P 500 posting consecutive weekly losses for the first time since November, as investors retreated after a seven-month run of gains. (Jun 01)

MORE TOPICS: FEDERAL RESERVE, DOW JONES, NYSE, MANUFACTURING, PFIZER, NEW YORK

Wall Street falls after late selloff; monthly gains intact

By Reuters

Stocks sold off in late trading to close sharply lower on Friday, with the S&P 500 posting consecutive weekly losses for the first time since November, as investors were willing to take some money off the table after a seven-month run of gains. (Jun 01)

MORE TOPICS: FEDERAL RESERVE, DOW JONES, MANUFACTURING, PFIZER, MICHIGAN, NEW JERSEY

Apple, former Washington wallflower, now at center of tax fight

By Reuters

For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America's tax code. (May 23)

MORE TOPICS: MICROSOFT, IPHONE, APPLE INC., CALIFORNIA, WHITE HOUSE, IPAD

Liberia's Johnson-Sirleaf defends governance record

By Reuters UK

Liberian President Ellen Johnson-Sirleaf on Friday defended her government's record on good governance and transparency, following an independent audit that cast doubt on her anti-corruption efforts. (May 18)

MORE TOPICS: CHEVRON, INVESTMENT

Wall Street ends up, posts third week of gains

By Reuters

The Dow and S&P 500 ended at record highs on Friday, and stocks posted a third consecutive week of gains as a rise in Google and other technology shares offset a slide in energy stocks. (May 11)

MORE TOPICS: GOLD, DOW JONES, NYSE, CRUDE OIL, NEW YORK, MANAGEMENT

S&P 500, Nasdaq rise; market eyes third week of gains

By Reuters

The S&P 500 and Nasdaq rose modestly on Friday and indexes were on track for a third week of gains as an earnings-driven rally in Priceline's stock helped offset a slide in energy shares. (May 11)

MORE TOPICS: GOLD, DOW JONES, S&P, CRUDE OIL, GOLD PRICES, PFIZER

The Energy Report - There President is starting to get it!

By Price Futures Group

I almost could not believe what I was hearing. The President touting the boom in US energy and manufacturing boom and said that we can't get in the way with needless regulation. President Obama's Jobs Tour in Texas, the home of "Big Oi... (May 10)

MORE TOPICS: MICROSOFT, S&P, CHEVRON, CONOCOPHILLIPS, CRUDE OIL, MANUFACTURING

A Walmart store. Wal-Mart Stores Inc. (NYSE: WMT) is being sued by CalSTRS over allegations of bribery by the company's Mexican subsidiary.
Wal-Mart Regains No.1 Post in Fortune 500 List for 2012

By IBTimes AU

Because of its low prices that attracted American consumers who were still reeling from the prolonged recession, Wal-Mart Stores regained the number 1 ranking in the Fortune 500 list for 2012. (May 08)

MORE TOPICS: CHINA, GENERAL MOTORS, WAL-MART, GENERAL ELECTRIC, CHEVRON, CONOCOPHILLIPS

Exxon cleans up Arkansas oil spill as concerns rise
Scientists Develop New Material That Soaks Up Oil Spills

By IBTimes AU

Results of a study published by a blogger on Tuesday of the Exxon Mobil Pegasus pipeline oil spill in Arkansas said there are 30 chemicals found in the sample. (May 02)

MORE TOPICS: OIL SPILL, ATTORNEY GENERAL, CANCER