XOM Stock Analysis
XOM Stock Analysis
The History of XOM
XOM, or ExxonMobil Corporation, is a multinational oil and gas corporation based in the United States. The company was formed in 1999 through the merger of Exxon and Mobil. Exxon was founded in 1870 as Standard Oil Company of New Jersey while Mobil was founded in 1911 as the Standard Oil Company of New York. Over the years, XOM has grown to become one of the largest oil and gas companies in the world
Useful site: https://www.exxonmobil.com/
The Representative of XOM
The current CEO and chairman of XOM is Darren Woods. He succeeded Rex W. Tillerson in 2017 who left the company to become the U.S. Secretary of State. Woods joined the company in 1992 as a planning analyst and worked his way up the ranks over the years.
Useful site: https://www.bloomberg.com/profile/person/16920533
The Vision of XOM
XOM’s vision is to be the world’s premier energy company, providing reliable and affordable energy while also working towards reducing emissions and mitigating the risks of climate change. The company also aims to promote economic growth and improve living standards in the regions where it operates.
Useful site: https://corporate.exxonmobil.com/
Corporate Information
XOM has its headquarters in Irving, Texas, and has operations in more than 70 countries around the world. The company has a diversified portfolio of energy products and services, including exploration and production, refining and marketing, chemicals, and natural gas. XOM also has a strong commitment to corporate responsibility and sustainability.
Useful site: https://www.statista.com/topics/5550/exxonmobil/
Frequently Asked Questions
What is XOM?
XOM is a multinational oil and gas corporation based in the United States. It was formed in 1999 through the merger of Exxon and Mobil.
Who is the current CEO of XOM?
The current CEO and chairman of XOM is Darren Woods.
What is the vision of XOM?
XOM’s vision is to be the world’s premier energy company, providing reliable and affordable energy while also working towards reducing emissions and mitigating the risks of climate change.
What are XOM’s main products and services?
XOM has a diversified portfolio of energy products and services, including exploration and production, refining and marketing, chemicals, and natural gas.
Conclusion
XOM is a major player in the oil and gas industry and has a strong commitment to both corporate responsibility and sustainability. With operations in more than 70 countries, the company’s vision is to be the world’s premier energy company, while also working towards reducing emissions and mitigating climate change risks. As a leader in the industry, XOM’s continued success will undoubtedly have a significant impact on the global energy landscape.
Useful site: https://www.nyse.com/quote/XOM