The world’s largest publicly-traded oil and gas company by market value has ridden out a collapse in crude prices better than most, its vertically-integrated model allowing downstream businesses to capture the value that upstream operations lose when oil prices are low. Even so, ExxonMobil’s once impregnable balance sheet is showing holes, and the company has tumbled a few spots compared to last year’s list. ExxonMobil remains the industry benchmark for everything from profitability to safety standards, but its rocky relationship with climate change remains its Achilles’ heel. The company has more than 35,000 gross and more than 29,000 net operated wells, was founded in 1870, and is headquartered in Irving, Texas.
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News about Exxon Mobil
It’ll be like the George W. Bush administration after 9/11.
The former ExxonMobil CEO is relinquished of his Secretary of State role.
It was a relationship made in hell.
According to his exit package with Exxon Mobil.