ExxonMobil's operating revenue amounted to approximately 178.6 billion U.S. dollars in 2020 . ExxonMobil is a United States-based multinational oil and gas corporation and has consistently been ranked among the largest companies worldwide based on revenue.
How much cash does Exxon have?
| Exxon Annual Cash on Hand (Millions of US $) | 2019 $3,089 | 2018 $3,042 | 2017 $3,177 | 2016 $3,657 |
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Is ExxonMobil the largest oil company in the world?
Today, Exxon Mobil Corporation is one of the largest publicly traded international oil and gas companies and holds an industry-leading inventory of resources. We are also the largest refiner and marketer of petroleum products, and our chemical company is one of the largest in the world.
What is the net worth of Exxon?
ExxonMobil held total assets worth 332.8 billion U.S. dollars as of 2020.
Does Exxon make money?
ExxonMobil explores for, and produces, crude oil and natural gas , as well as petrochemicals and other related products. The Downstream segment generates the most revenue, but the Chemical segment was the only one that made a profit in 2020.
Who is the richest oil company?
| Country Company Name Revenue 2017 (US$ 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 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.
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.
Is Exxon a good company?
Within the energy industry, ExxonMobil is very well-respected company that values high-quality, safe operations & long-term career growth. ... Most jobs (at least with the ExxonMobil Research & Engineering company) boast good work-life balance, especially as compared to consulting or the financial industry.
What is richest company in the world?
1. Apple Inc – 2.4 Trillion USD. Apple Inc, a Cupertino-based American tech company is the most valuable company in the world with a record market cap of $ 2.4 Trillion.
Is Exxon upstream or downstream?
Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. ... The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.
How do upstream companies make money?
The companies say they making their money through crude oil exploration and production , the “upstream” part of the business, but not in refining and selling fuel, the “downstream” part of the business.
Does ExxonMobil have midstream?
Recently, news was published about Exxon Mobil (NYSE: XOM) selling midstream assets to Easton Energy for an undisclosed sum. ... Exxon Mobil's financial struggles, as the company focuses on paying its near 10% dividend, have pushed the company towards asset sales.
Who are the big 5 oil companies?
The supermajors are considered to be BP, Chevron, Eni, ExxonMobil, Royal Dutch Shell, TotalEnergies, and ConocoPhillips . The term, analogous to others such as Big Steel and Big Tech that describe industries dominated by a few giant corporations, was popularized in print from the late 1960s.
Who owns Saudi oil?
| Headquarters in Dhahran, Eastern Province, Saudi Arabia | Net income US$49.0 billion (2020) | Total assets US$510.4 billion (2020) | Total equity US$264.2 billion (2020) | Owner Government of Saudi Arabia (98.5%) |
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What country has the most oil?
| # Country Oil Reserves (barrels) in 2016 | 1 Venezuela 299,953,000,000 | 2 Saudi Arabia 266,578,000,000 | 3 Canada 170,863,000,000 | 4 Iran 157,530,000,000 |
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