Exxon Mobil Corp - Company Profile
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Business Description
Exxon Mobil Corp (ExxonMobil) is an integrated energy company which is engaged in the exploration, production, and sale of crude oil, natural gas, and petroleum products. The company serves industries that require fuels, lubricants, and petrochemicals. The company also carries out lower-emission businesses such as hydrogen, lower-emission fuels and carbon capture and storage. The company operates through four reportable business segments, which include Upstream; Energy Products; Chemical Products; and Specialty Products. In FY2025, the company’s capital expenditure stood at US$28,358 million, which was equivalent to 8.8% of its revenue and increased 16.7% YoY. The company markets products and has facilities across the world and explores oil and gas on six continents.
R&D Overview
Exxon Mobil is actively engaged in research and development initiatives to maintain its competitive position in the dynamic technological landscape. The company focuses on improving the efficiency of hydraulic fracturing technology, developing technologies to reduce greenhouse gas emissions, and capturing the benefits of emerging technologies such as AI. Exxon Mobil is also working on technologies like carbon capture and storage (CCS) to help mitigate atmospheric greenhouse gas levels and ensure reliable and affordable energy. The company has established a Low Carbon Solutions (LCS) business unit to advance the development and deployment of these technologies, including CCS, hydrogen and ammonia, lower-emission fuels, Proxxima resin systems, advanced energy-saving materials, low-carbon data centers, and lithium. At the end of FY2025, the company had over 8,000 patents worldwide. In FY2025, it spent US$1,228 million on R&D, which as a percentage of revenue, stood at 0.4% and grew 24.4% YoY.
Business Segments
Overview
The segment manufactures and markets petrochemical products. Its product portfolio includes olefins, polyolefins and other intermediates. In FY2025, the segment incurred a capital expenditure of US$1395 million, which declined 25.9% YoY.
Performance
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Overview
The segment consists of the fuel, aromatics, and NGL value chains alogn with catalysts and licensing operations. Manufactures, trades and markets petroleum products. Refining and supply operations include a global network of manufacturing plants, transportation systems, and distribution centers. Major products include gasoline, naphtha, heating oil, kerosene, diesel, aviation fuel, heavy fuel, and other products. In FY2025, the segment incurred a capital expenditure of US$1707 million, which declined 23% YoY.
Performance
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Overview
The segment produces and markets a wide range of performance products. Its range of specialty products includes lubricants, synthetics, waxes and base stocks, and elastomers and resins. In FY2025, the segment incurred a capital expenditure of US$623 million, which grew 52.7% YoY.
Performance
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Overview
The segment explores and produces crude oil and natural gas across the world. It extracts hydrocarbon from both conventional resources and unconventional resources such as shale rock formations and deep water. Its capital program focuses on low-cost supply opportunities. The projects for growth include development projects in Brazil, Guyana and the Permian Basin in the US and LNG expansion projects in Mozambique, Qatar, Papua New Guinea, and the US. In FY2025, the segment incurred a capital expenditure of US$24,659 million, which grew 21.7% YoY.
Performance
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Geographical Segments
Performance
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Performance
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