How Many ExxonMobil Stores Are There?

by | Last updated on January 24, 2024

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There are 11,944 Exxon Mobil locations in the United States as of June 15, 2021.

How many stores does Exxon have?

There are 12,105 Exxon Mobil locations in the United States as of September 14, 2021. The state with the most number of Exxon Mobil locations in the US is Texas, with 1,952 locations, which is 16% of all Exxon Mobil locations in America.

How many ExxonMobil gas stations are there?

Out of the roughly 12,000 Exxon Mobil branded stations in the United States, Exxon, the world's largest publicly-traded oil company, owns about 2,220. Exxon plans to sell those service stations over several years. They include about 820 stations that it also operates.

Is ExxonMobil the largest oil company in the world?

Today, Exxon Mobil Corporation is one of the largest publicly traded international oil and gas companies and holds an industry-leading inventory of resources. We are also the largest refiner and marketer of products, and our chemical company is one of the largest in the world.

What states have Exxon gas stations?

The states with the largest number of ExxonMobil-owned stations are California and New York , each with more than 200. ExxonMobil also has a large concentration of stations in Texas, Florida, Maryland, Tennessee and Virginia.

Can Exxon go out of business?

While it is unlikely that Exxon is going to go out of business anytime soon , lingering low energy prices could lead to a dividend cut. ... You might be better off with Chevron, which is on stronger financial footing, or Total, which is diversifying its business by adding electricity assets to its portfolio.

What is the most used gas station?

Costco Tops List as Most Popular Gas Station. According to a recent Market Force survey, wholesale clubs continue to lure customers to their pumps.

Who is the richest oil company?

PetroChina and Sinopec Group lead the list of the world's biggest oil and gas companies of 2020 with revenues between $270 billion and $280 billion, ahead of Saudi Aramco and BP.

Who is the richest oil company in the world?

PetroChina and Sinopec Group lead the list of the world's biggest oil and gas companies of 2020 with revenues between $270 billion and $280 billion, ahead of Saudi Aramco and BP.

Who owns most of the oil in the world?

  1. Venezuela – 304 billion barrels. ...
  2. Saudi Arabia – 298 billion barrels. ...
  3. Canada – 170 billion barrels. ...
  4. Iran – 156 billion barrels. ...
  5. Iraq – 145 billion barrels. ...
  6. Russia – 107 billion barrels. ...
  7. Kuwait – 102 billion barrels. ...
  8. United Arab Emirates – 98 billion barrels.

Does Exxon still exist?

Type Public Website corporate.exxonmobil.com

Does Exxon own Esso?

Esso /ˈɛsoʊ/ is a trading name for ExxonMobil , primarily used by its predecessor Standard Oil of New Jersey after the breakup of the original Standard Oil company in 1911. ... Standard Oil of New Jersey started marketing its products under the Esso brand in 1926.

Is Exxon a good stock to buy?

Exxon stock has a weak IBD Composite Rating of 66 out of 99 and a 61 EPS Rating. As with other oil stocks to buy and watch, Exxon stock will rise and fall with crude oil prices. So even when Exxon looks good based on fundamentals and technicals, crude oil prices may suddenly plunge, taking XOM stock down too.

Is Exxon a good long-term investment?

Exxon Mobil currently has a nearly 6% dividend yield. We expect the company to continue generating strong FCF and growing going forward. That'll enable share buybacks and other forms of shareholder rewards. Putting these things together, Exxon Mobil is a valuable long-term investment .

Is XOM dividend at risk?

We're maintaining our $74 fair value estimate and narrow moat rating. It expects to be at the lower end of the range in 2021, which, along with the dividend, should be covered with operating cash flow at about $45/bbl, assuming continued poor downstream and chemical margins. ...

What is future of Exxon?

Exxon has remained committed to its dividend even amid pressures during the Covid-19 pandemic, slashing spending and jobs to protect the payout. In December, Exxon slashed its five-year spending plan. The company now plans to spend $20 billion-$25 billion a year between 2022 and 2025 .

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.