ExxonMobil
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Exxon Mobil or ExxonMobil (NYSE: XOM) is the world's biggest oil and gas company. It was created when Exxon and Mobil, both companies formed after the John D. Rockefeller's original Standard Oil company split apart, joined together in a merger to become one company. ExxonMobil has been involved in global warming controversies,[1][2][3][4][5][6][7][8][9][10][11][12] as have other Big Oil corporations such as Royal Dutch Shell[13]
Company type | Public (NYSE: XOM) |
---|---|
ISIN | US30231G1022 |
Industry | Oil and Gas |
Founded | 1999 (merger) 1911 (Standard Oil of New Jersey) 1911 (Standard Oil of New York) 1882 (Standard Oil) |
Headquarters | Irving, Texas, United States |
Key people | Darren Woods (Chairman/CEO) |
Products | Fuels, Lubricants, Petrochemicals |
Revenue | $370.680 Billion USD(2005) |
52,783,000,000 United States dollar (2023) | |
$36.130 Billion USD (2005) | |
Total assets | 362,597,000,000 United States dollar (2019) |
Number of employees | 83,700 |
Website | www |
Board of directors
changeAs of July 28, 2021[update], the current ExxonMobil board members are:[14]
- Michael J. Angelakis, chair and chief executive officer of Atairos Group Inc.
- Susan Avery, president emerita of Woods Hole Oceanographic Institution
- Angela Braly, former president and CEO of WellPoint (now Anthem)
- Ursula Burns, former chair and CEO of Xerox
- Gregory J. Goff, former executive vice chair, Marathon Petroleum
- Kaisa H. Hietala, board professional
- Joseph L. Hooley, former chair, president and CEO of State Street
- Steven A. Kandarian, chair, president and CEO of MetLife
- Alexander A. Karsner, senior strategist at X Development
- Jeffrey W. Ubben, Founder, Portfolio Manager, and Managing Partner, Inclusive Capital Partners, L.P.
- Darren W. Woods, chair of the board and CEO, ExxonMobil Corporation
Hooley is presently the lead independent director, having succeeded former Merck CEO Kenneth Frazier upon his retirement in May 2022.[15] Three of the directors nominated at the last Annual General Meeting were nominated after a proxy battle against hedge fund Engine No.1 and were nominated against the suggestion of the board.[16]
Books
change- Form 10-K 2018: Exxon Mobil Corporation, Form 10-K for fiscal year ended December 31, 2018 (XBRL) (Report). U.S. SEC. February 27, 2019. Retrieved February 10, 2023.
- Form 10-K 2022: Exxon Mobil Corporation, Form 10-K for fiscal year ended December 31, 2022 (XBRL) (Report). U.S. SEC. February 22, 2023. Retrieved March 10, 2023.
- Form 10-K 2023: Exxon Mobil Corporation, Form 10-K for fiscal year ended December 31, 2023 (XBRL) (Report). U.S. SEC. February 28, 2024. Retrieved February 29, 2024.
- Bender, Rob, and Tammy Cannoy-Bender. An Unauthorized Guide to: Mobil Collectibles – Chasing the Red Horse. Atglen, Pennsylvania: Schiffer Publishing Co., 1999.
- Exxon Corp. Century of Discovery: An Exxon Album. 1982.
- Gibb, George S., and Evelyn H. Knowlton. The Resurgent Years, 1911–1927: History of Standard Oil Co. (New Jersey). New York: Harper & Brothers Publishers, 1956.
- Hidy, Ralph W., and Muriel E. Hidy. Pioneering in Big Business, 1882–1911: History of Standard Oil Co. (New Jersey). New York: Harper & Brothers Publishers, 1955.
- Larson, Henrietta M., and Kenneth Wiggins Porter. History of Humble Oil & Refining Co.: A Study in Industrial Growth. New York: Harper & Brothers Publishers, 1959.
- Larson, Henrietta M., Evelyn H. Knowlton, and Charles S. Popple. New Horizons, 1927–1950: History of Standard Oil Co. (New Jersey). New York: Harper & Row, 1971.
- McIntyre, J. Sam. The Esso Collectibles Handbook: Memorabilia from Standard Oil of New Jersey. Atglen, Pennsylvania: Schiffer Publishing Co., 1998.
- Sampson, Anthony. The Seven Sisters: The 100-year Battle for the World's Oil Supply. New York: Bantom Books, 1991.
- Standard Oil Co. (New Jersey). Ships of the Esso Fleet in World War II. 1946.
- Tarbell, Ida M. All in a Day's Work: An Autobiography.. New York: The MacMillan Co., 1939.
- Tarbell, Ida M., and David Mark Chalmers. The History of the Standard Oil Co.. New York: Harper & Row, 1966.
- Wall, Bennett H. Growth in a Changing Environment: A History of Standard Oil Co. (New Jersey) 1950–1972 and Exxon Corp. (1972–1975). New York: McGraw-Hill Book Co., 1988.
- Yergin, Daniel. The Prize: The Epic Quest for Oil, Money, and Power. New York: Simon & Schuster, 1991.
References
change- ↑ David Kaiser; Lee Wasserman (December 8, 2016). "The Rockefeller Family Fund vs. Exxon". The New York Review of Books. Retrieved December 3, 2016.
- ↑ David Kaiser; Lee Wasserman (December 22, 2016). "The Rockefeller Family Fund Takes on ExxonMobil". The New York Review of Books. Retrieved December 3, 2016.
- ↑ Clifford Krauss (October 28, 2016). "Exxon Concedes It May Need to Declare Lower Value for Oil in Ground". The New York Times. Retrieved December 3, 2016.
- ↑ David Hasemyer (5 January 2017). "Federal Climate Investigation of Exxon Likely to Fizzle Under Trump". InsideClimate News. Retrieved 31 January 2017.
- ↑ Clifford Krauss (20 September 2016). "S.E.C. Is Latest to Look Into Exxon Mobil's Workings". The New York Times. Retrieved 31 January 2017.
- ↑ Aruna Viswanatha and Bradley Olson (20 September 2016). "SEC Probes Exxon Over Accounting for Climate Change; Probe also examines company's practice of not writing down the value of oil and gas reserves". The Wall Street Journal. Retrieved 31 January 2017.
- ↑ Liam Denning (21 September 2016). "Just Another Cloud In Exxon's Sky". Bloomberg.com. Retrieved 31 January 2017.
- ↑ Hiroko Tabuchi and Clifford Krauss (20 September 2016). "A New Debate Over Pricing the Risks of Climate Change". The New York Times. Retrieved 31 January 2017.
- ↑ "How to deal with worries about stranded assets, Oil companies need to heed investors' concerns". The Economist. 26 November 2016. Retrieved 31 January 2017.
- ↑ Clifford Krauss (28 October 2016). "Exxon Concedes It May Need to Declare Lower Value for Oil in Ground". The New York Times. Retrieved 31 January 2017.
- ↑ David Halperin (12 January 2017). "Should America Pick A Secretary Of State Who Faces Fraud Investigations?". HuffPost. Retrieved 31 January 2017.
- ↑ "How Exxon Won the 2016 Election". Center for American Progress. 10 January 2017. Retrieved 31 January 2017.
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ignored (help) - ↑ "'Shell knew': oil giant's 1991 film warned of climate change danger; Public information film unseen for years shows Shell had clear grasp of global warming 26 years ago but has not acted accordingly since, say critics". The Guardian. 28 February 2017. Retrieved 8 March 2017.
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ignored (help) - ↑ "Exxon Mobil Corp. Board of Directors". Exxon Mobil Corp. Retrieved December 29, 2021.
- ↑ "ExxonMobil Lead Director Ken Frazier to Retire; Jay Hooley to Become Lead Director". www.businesswire.com. 2022-03-22. Retrieved 2022-03-29.
- ↑ Herbst-Bayliss, Svea (2021-06-29). "Little Engine No. 1 beat Exxon with just $12.5 mln – sources". Reuters. Retrieved 2022-06-11.