ExxonMobil Holdings Corp (XOM)

Exxon Mobil Corporation, incorporated in the State of New Jersey in 1882, is a global energy and chemical company. Its principal business is the exploration for and production of crude oil and natural gas; the manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a wide variety of specialty products; and the pursuit of lower-emission and other new business opportunities. Affiliates conduct extensive research programs in support of these businesses. The company's divisions and affiliates operate under many names, including ExxonMobil, Exxon, Esso, Mobil and XTO.

The lower-emission and new business initiatives include carbon capture and storage, hydrogen and ammonia, lower-emission fuels, Proxxima resin systems, carbon materials, low-carbon data centers and lithium. Detailed industry segment and operating data, as well as oil and gas reserves information, are provided in the financial section of the report. ExxonMobil emphasizes proprietary technology and held over 8 thousand active patents worldwide at the end of 2025, although the profitability of each business segment does not depend on any individual patent, trade secret, trademark, license, franchise or concession.

Divisions and affiliates operate or market products in the United States and most other countries of the world, supplying the energy, fuel and chemical needs of industrial and individual consumers. The company competes in many national and international markets for the sale or purchase of goods and services.

The energy and petrochemical industries are highly competitive, both within the industries and with other industries, and some participants, including ExxonMobil, are expanding investments in lower-emission energy and emission-reduction technologies. The company operates in a complex global energy environment with decision horizons often spanning decades, and emphasizes career-oriented talent development, with career employees averaging about 30 years of service. Regular employees numbered about 58 thousand at year-end 2025, down from 61 thousand in 2024 and 62 thousand in 2023. More than 59 percent of employees are from outside the U.S., representing over 160 nationalities. Government regulations, including taxes and environmental rules, may materially affect capital expenditures, earnings and competitive position.