Is ExxonMobil A Franchise Or Corporation?

by | Last updated on January 24, 2024

, , , ,
Type

Public
Website corporate.exxonmobil.com

Is ExxonMobil a franchise?

The ExxonMobil Company has

an On the Run franchise system

which offers a new, and a better type of convenience store, providing a world class destination of sorts that offers retail products designed to meet the needs of consumers in a changing marketplace.

What type of corporation is ExxonMobil?

Exxon Mobil , stylized as ExxonMobil, is an

American multinational oil and gas corporation

headquartered in Irving, Texas.

Is ExxonMobil a public or private company?

1 Today, Exxon Mobil is the world's second-largest

public energy company

with a market capitalization of about $175 billion, and posted revenue of $255.6 billion in 2019.

Are Exxon gas stations owned by Exxon?

Those branded service stations may be the most public aspect of Exxon's business, but they account for a small part of the company's profits. 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

.

Is Chevron owned by Exxon?

The “Seven Sisters”: Exxon (now

ExxonMobil

), Mobil (now ExxonMobil), Chevron, Gulf Oil (now Chevron), Texaco (now Chevron), BP and Shell.

How many employees does ExxonMobil have 2021?

Exxon Mobil has

71,000 employees

and is ranked 3rd among it's top 10 competitors. The top 10 competitors average 29,168.

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

How many employees does ExxonMobil have 2020?

There were some

72,000 people

employed by ExxonMobil at the end of 2020.

Can Exxon go out of business?

Based on the latest financial disclosure, Exxon Mobil Corp

has a Probability Of Bankruptcy of 37.0%

. This is 23.27% lower than that of the Energy sector and 14.17% lower than that of the Oil & Gas Integrated industry. The probability of bankruptcy for all United States stocks is 7.11% higher than that of the company.

Who is the CEO of Exxon?


Darren Woods

is a graduate of Texas A&M University, where he earned a Bachelor of Science degree in electrical engineering. He also holds a Master of Business Administration degree from Northwestern's Kellogg School of Management in Evanston, Illinois.

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.

Who is bigger Exxon or Chevron?


Exxon is the larger of the two companies by market cap

, weighing in at $260 billion. Chevron's market capitalization is roughly $200 billion. Both have assets across the industry, from the upstream (drilling) to the downstream (chemicals and refining).

Is 76 owned by Chevron?

76 (formerly Union 76) is a chain of gas stations located within the United States. The 76 brand is

currently owned by Phillips 66 Company

. Union Oil Company of California, dba Unocal, the original owner and creator of the 76 brand, merged with Chevron Corporation in 2005.

What is biggest oil company in 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.

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.