| Exxon Annual Revenue (Millions of US $) | 2020 $181,502 | 2019 $264,938 | 2018 $290,212 | 2017 $244,363 |
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How much did ExxonMobil make in 2019?
| Characteristic Revenue in million U.S. dollars | 2020 178,574 | 2019 255,583 | 2018 279,332 | 2017 237,162 |
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How much money did Exxon make last year?
| Characteristic Revenue in million U.S. dollars | 2020 178,574 | 2019 255,583 | 2018 279,332 | 2017 237,162 |
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How much is ExxonMobil worth 2020?
ExxonMobil reported a market valuation of 174.5 billion U.S. dollars at the end of 2020. It was a notable decrease compared to the previous year, when ExxonMobil had a market value of 295.4 billion U.S. dollars.
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 petroleum products, and our chemical company is one of the largest in the world.
Is ExxonMobil losing money?
The company reported a net annual loss of $22.4 billion for 2020 , on the writedown and losses in oil production and refining, compared with a full-year profit of $14.34 billion in 2019.
Does Exxon 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.
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.
How much money is Apple worth?
Apple’s net worth at the end of the fiscal year 2020 was $65.34 billion . 11 Its market capitalization, however, is $2.08 trillion as of March 15, 2021.
How many employees does ExxonMobil have 2020?
| Type Public | Net income −US$22.44 billion (2020) | Total assets US$332.75 billion (2020) | Total equity US$157.15 billion (2020) | Number of employees 72,000 (2020) |
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Who is the richest oil company?
| Country Company Name Revenue 2017 (US$ billion) | Saudi Arabia Saudi Aramco 314.4 | Netherlands UK Royal Dutch Shell 265 | China China National Petroleum Corporation 299.1 | United Kingdom BP 222.8 |
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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?
According to the most recent data, the top five oil-producing nations are the United States, Saudi Arabia, Russia, Canada , and China. The United States overtook Russia in 2017 for the second-place spot and surpassed former leader Saudi Arabia a year later to become the world’s top oil producer.
Does Exxon have debt?
Exxon paid down $2.7 billion of debt in the period but net borrowings still stand at about $57 billion, almost 20% higher than the first quarter of 2020.
Why did Exxon lose so much?
Pandemic pushes Exxon to historic annual loss, $20 billion cut in shale value. HOUSTON (Reuters) -Exxon Mobil Corp on Tuesday posted a historic annual loss after the COVID-19 pandemic hammered energy prices and the company reduced the value of shale gas properties by more than $20 billion.
Why is XOM stock down?
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.
