" Exxon Mobil buys Bass family holdings in Permian for $6.6 billion." " ExxonMobil to acquire companies doubling Permian Basin resource to 6 billion barrels."įort Worth Star-Telegram. " InterOil Corp.: 2013 ANNUAL REPORT."Įxxon Mobil Corp. " InterOil Announces Completion of ExxonMobil Transaction." " Form 10-K for the fiscal year ended December 31, 2019," page 78.Ĭision PR Newswire. " Exxon Bets Big on Gas With Deal For XTO."Įxxon Mobil Corp. " Exxon Mobil Corporation and XTO Energy Inc. " XOM's Competition by Segment and its Market Share."ĬNN Money. " Form 10-K for the fiscal year ended December 31, 2019," page 1.ĬSI Market. " Form 10-K for the fiscal year ended December 31, 2019," page 37.Įxxon Mobil Corp. Saudi Aramco, which went public in December of 2019, is the world's largest energy company.Įncyclopaedia Britannica.
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.
The two companies merged in 1999 to become Exxon Mobil Corp. Another was the Standard Oil Company of New Jersey, which was renamed Exxon Corp. One of those holdings was the Standard Oil Company of New York, which eventually became Mobil Oil Corp. government ordered the company to divest its major holdings.
The trust shifted its headquarters to New York City and later incorporated as a holding company in New Jersey in 1899. Despite a court order to dissolve in 1892, the company, which had been combined into a trust, maintained its power and operations. in Ohio in 1870, and by 1880 had grown into an oil empire controlling between 90% and 95% of all oil produced in the U.S. The business first incorporated as the Standard Oil Co. Clark, and Samuel Andrews in 1863 in Cleveland, Ohio. ( XOM), one of the world's largest oil and gas companies, traces its origins to an oil-refining business started by John D.
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