ExxonMobil, a publicly owned corporation headquartered in Spring, Texas, a suburb of Houston, was founded in 1972, with the modern company formed in 1999 following the merger of Exxon and Mobil. The company employs approximately 59,280 individuals and reported $323.9B in revenue as of 2025. Specializing in oil and gas as its main product, ExxonMobil is an American multinational corporation that is vertically integrated across the entire oil and gas industry and includes a chemicals division that produces plastic, synthetic rubber, and other chemical products. It operates as the largest U.S.-based oil and gas company and the largest investor-owned oil company globally. Approximately 55.56% of the company's shares are held by institutions, with the largest holders as of 2019 identified as The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%).
On September 11, 2026, a consortium comprising Saipem and Jan De Nul entered into a letter of intent with ExxonMobil for a liquefied natural gas development in Mozambique. This agreement specifically covers the upstream infrastructure for the planned Rovuma LNG project, located in Mozambique's Cabo Delgado facility. According to ExxonMobil, the project will have a production capacity of 18.6 million metric tons annually, liquefying gas from 18 wells in the Rovuma basin's Area 4 deepwater block.
Subscribe for full access to ExxonMobil's products in full detail 
