On-site in Bangalore (Bengaluru), Karnataka, India.
ExxonMobil operates a global network of Exxon and Mobil fuel stations offering gasoline, diesel, motor oil, and convenience-store items to individuals and commercial customers, and it also supplies wholesale fuels. Customers purchase fuel and related products at stations, use loyalty programs, and may add services like car washes; Alexa voice-pay options are available at many stations to speed transactions. The company differentiates itself with a vast, vertically integrated retail and wholesale network, broad loyalty programs, and technology-enabled payments. Its goal is to provide reliable energy and fuel access worldwide while delivering value through a wide range of services and payment options, maintaining leadership in the energy sector.
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
Irving, Texas
Founded
1866
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Health Insurance
Life Insurance
401(k) Retirement Plan
Competitive compensation
Medical plans
Maternity Leave
Retirement benefits
Annual vacations & holidays
Day care assistance program
Training and development program
Tuition assistance program
Workplace flexibility policy
Relocation program
Transportation facility
ExxonMobil has fully recovered its $55 billion investment in offshore Guyana, about two years ahead of schedule. The field now produces roughly 100,000 barrels per day above initial projections, with a fifth vessel due to start operations before the end of 2026. Under the cost recovery structure, ExxonMobil recouped expenses from up to 75% of production, splitting remaining revenue evenly with Guyana's government. With the cost bank now cleared, more revenue will flow directly to free cash flow rather than reimbursement. The company generated over $17 billion in free cash flow during the second quarter of 2026, returning more than $9 billion to shareholders through dividends and buybacks. Management cautions that entitled volumes in Guyana will decline slightly post-recovery, whilst cash flow remains dependent on oil prices.
Exxon Mobil shares initially rallied 2.1% to $167.67 on Thursday as Brent crude surged 4% to $105.26 per barrel, but surrendered nearly all gains to trade at $164.01. The reversal reflects investor caution about treating the oil spike as both an earnings boost and an economic warning. The company generated $14.5 billion in second-quarter earnings and $17.2 billion in free cash flow, with upstream operations contributing 54.6% of total earnings. However, Exxon's current share price sits 28.79% above its GF Value of $127.35. Whilst one quarter's free cash flow equals 2.3% of Exxon's $738 billion market capitalisation, conflict-driven oil profits remain unreliable. Higher crude prices boost upstream earnings but potentially damage consumption and economic growth.
President Donald Trump's nine largest oil and gas holdings gained between $1.5 million and $4.4 million in the first six months of the Iran war, according to a CNBC analysis of his financial disclosure and market data. The holdings include Chevron, ExxonMobil, and seven other energy companies. CNBC calculated gains using share-price movements from 27 February, the day before hostilities began, through 31 August. Trump's accounts showed at least 23 sell transactions across the nine stocks through 29 June. A White House spokesman said Trump plays no role in trading decisions, with all investments managed independently. Ethics watchdogs disputed this, noting Trump still knows his heavy energy investment positions. The nine firms posted combined second-quarter profits of $47.6 billion, triple the prior year's figure. US crude prices rose roughly 36% since the war started.
ExxonMobil CEO Darren Woods called Venezuela "uninvestable" in January during a White House meeting. However, President Trump recently announced that "Exxon is going in" to Venezuela, though the company hasn't confirmed plans to reenter the country it exited two decades ago. At a recent press event, Trump stated that ExxonMobil and Chevron are among major oil companies heading into Venezuela. Chevron has confirmed its expansion, announcing plans to invest over $7 billion over five years to double production to around 600,000 barrels per day. Chevron's agreements include "enhanced fiscal, commercial, and legal terms intended to support durable and competitive long-term investments." These improved terms align with ExxonMobil's previously stated conditions for returning to Venezuela, suggesting the country may be willing to make necessary concessions.
Exxon Mobil fell 0.8% to $163.24 on Wednesday despite Brent crude surging towards $95.18 amid renewed US-Iran tensions. The stock trades 28.86% above its estimated value of $126.68, signalling potential overvaluation. The energy giant reported strong second-quarter results with $14.5 billion in earnings, $23.6 billion in operating cash flow, and $17.2 billion in free cash flow. The company returned $9.4 billion to shareholders during the period. President Donald Trump suggested Exxon would return to Venezuela, according to Reuters. However, the company has announced no formal investment deal. Sanctions, contracts, infrastructure, and legal protections remain unresolved nearly two decades after nationalisation forced Exxon's exit from the country.