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ExxonMobil Corporation

Company Summary

Description

ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. We hold an industry-leading inventory of resources and are one of the world’s largest integrated refiners, marketers of petroleum products and chemical manufacturers.

Website

http://corporate.exxonmobil.com/

Operational Regions

  • Montney Formation
  • Duvernay Formation
  • Alberta Basin Bakken
  • Uinta Basin
  • Piceance Basin
  • San Juan Basin
  • Raton Basin
  • Oklahoma STACK Play
  • SCOOP
  • Permian Basin
  • Eagle Ford
  • Barnett Shale
  • Haynesville-Bossier Shale
  • Fayetteville Shale
  • Utica
  • Marcellus Shale
  • South America
  • Worldwide

Financial Data:

NYSE:XOM from Google Finance

Tickers:

  • XOM - New York Stock Exchange

Related Entities

Firm Transport Commitments

Project: Wenzhou LNG Import Terminal
Firm Commitment: 1 mtpa

Project: Sage Draw Wind Farm
Firm Commitment: 250 MW

Project: Permian Basin Solar Farm
Firm Commitment: 250 MW

Recent news

  • 12/1/2020 - Exxon Writing Down... (subscriber access)
  • 12/1/2020 - Exxon Aiming to Double... (subscriber access)
  • 12/1/2020 - Exxon On Pace to Reduce... (subscriber access)
  • 12/1/2020 - Exxon Issues 2021 CapEx... (subscriber access)
  • 11/30/2020 - Exxon & Total Discussing... (subscriber access)

Investor Presentations

  • 3Q20 Investor Presentation
  • 3Q20 Earnings Presentation (subscriber access)
  • 2Q20 Earnings Presentation (subscriber access)
  • XOM Earnings Presentation 1Q20 (subscriber access)
  • 4Q19 Investor Presentation (subscriber access)
  • 3Q19 Earnings Presentation (subscriber access)
  • 1Q19 Investor Presentation (subscriber access)
  • 4Q18 Investor Presentation (subscriber access)
  • 3Q18 Investor Presentation (subscriber access)
  • 2Q18 Investor Presentation (subscriber access)
  • 1Q18 Investor Presentation (subscriber access)
  • 2018 Analyst Meeting Presentation (subscriber access)
  • Fourth Quarter 2017 Investor Deck (subscriber access)
  • Third Quarter 2017 Earnings (subscriber access)
  • 2Q17 Earnings Presentation (subscriber access)
  • 1Q17 Earnings Presentation (subscriber access)
  • 2017 Analyst Meeting (subscriber access)
  • 4Q16 Earnings Call (subscriber access)
  • 2Q16 Investor Presentation (subscriber access)
  • 1Q16 Earnings Release (subscriber access)

Company Transactions

Date: 2/15/2021
Type: Acquisition

NOTES:
Easton Energy has acquired Exxon's South Texas Pipeline System for an undisclosed amount. The asset includes 720-miles of pipeline that run from Exxon's Clear Lake & Katy Gas Plants to Energy Transfers King Ranch Gas Plant and Corpus Christi. The line can flow oil and NGL's, but mostly it ships refinery grade propylene,
REGIONS:
  • Gulf Coast
  • Date: 12/30/2019
    Type: Acquisition

    BUYERS:
  • Var Energi
  • DETAILS:

    COST: 4.5 $B

    VOLUMES: 150 MBOE/d

    NOTES:
    ExxonMobil reported it will sell its Norwegian oil and gas assets to Var Energi for $4.5 billion.
    REGIONS:
  • North Sea
  • Date: 9/19/2019
    Type: Acquisition

    DETAILS:
    NOTES:
    In the Gulf of Mexico, Talos acquired ExxonMobil's Hershey prospect, located in Green Canyon Blocks 326, 327, 370, and 371.
    REGIONS:
  • Gulf of Mexico
  • Date: 8/30/2019
    Type: Acquisition

    DETAILS:

    COST: 200 $MM

    VOLUMES: 19.8 MBOE/d

    NOTES:
    W&T Offshore entered into a purchase and sale agreement with ExxonMobil to acquire their interests in and operatorship of oil and gas producing properties in the eastern region of the Gulf of Mexico, offshore Alabama, and related onshore processing facilities for $200 million. The effective date for the transaction is January 1, 2019.
    REGIONS:
  • Gulf of Mexico
  • Date: 5/16/2019
    Type: Acquisition

    NOTES:
    Santos has acquired a 14.3% stake in the P'yang gas field in Papa New Guinea for $187 million.
    REGIONS:
  • Asia Pacific
  • Date: 4/25/2019
    Type: Acquisition

    DETAILS:

    ACRES: 7000000 Acres

    NOTES:
    ExxonMobil acquired roughly 7 million net acres through signing an agreement with the government of Namibia and the National Petroleum Corporation of Namibia ("NAMCOR") for blocks 1710 and 1810, and farm-in agreements with NAMCOR for blocks 1711 and 1811A.
    REGIONS:
  • Africa
  • Date: 6/30/2018
    Type: Acquisition

    SELLERS:
  • Equinor ASA
  • DETAILS:

    COST: 250 $MM

    NOTES:
    Statoil reported that once the acquisition of a 10% stake in the BM-S-8 Block from Queiroz Galvão Exploração e Produção closes, they will divest a 3.5% stake in the block to Exxon and a 3% stake to Galp for $250 million. Upon closing of this transaction, and several others, Statoil and Exxon will each own a 36.5% interest in the BM-S-8 Block and Galp will own 17%.
    REGIONS:
  • Santos Basin
  • Date: 6/28/2018
    Type: Acquisition

    NOTES:
    ExxonMobil has entered into a deal to acquire PT Federal Karyatama, one of the largest manufacturers and marketers of motorcycle lubricants in Indonesia. The deal includes Federal Oil Brand with a 700 Mbbl/d blending plant in Cilegon, Indonesia. The deal is expected to close in the third quarter of 2018.
    REGIONS:
  • Asia
  • Date: 6/6/2018
    Type: Acquisition

    SELLERS:
  • Equinor ASA
  • DETAILS:

    COST: 800 $MM

    NOTES:
    ExxonMobil has entered into a deal to acquire half of Statoil's 66% interest in the BM-S-8 block of offshore Brazil for an upfront cash payment of $800 million and contingent payments of up to $500 million
    REGIONS:
  • South America
  • Date: 5/2/2018
    Type: Acquisition

    NOTES:
    Production for the Ram Powell field averaged approximately 6,100 barrels of oil equivalent per day during 2017. The Ram Powell TLP is located in 3,200 feet of water in Viosca Knoll Area, Block 956, and is capable of processing 60,000 barrels of oil per day and 200 million cubic feet of gas per day.
    REGIONS:
  • Gulf of Mexico
  • Date: 4/26/2018
    Type: Acquisition

    NOTES:
    Hess reported that they have reached a deal with Esso Exploration and Production Guyana Limited to acquire a 15% stake in the Kaieteur Block of offshore Guyana.
    REGIONS:
  • South America
  • Date: 3/31/2018
    Type: Acquisition

    DETAILS:

    COST: 744 $MM

    NOTES:
    Woodside will pay $444 million initially and a contingent payment of $300 million once a final investment decision is decided on in the field. The deal includes a 50% interest in unit WA-1-R of the field
    REGIONS:
  • Western Australia
  • Date: 12/13/2017
    Type: Acquisition

    NOTES:
    25 percent indirect interest in Mozambique’s gas-rich Area 4 block
    REGIONS:
  • East Africa
  • Date: 12/4/2017
    Type: Acquisition

    NOTES:
    ExxonMobil reported that it has entered into production sharing contracts on three offshore blocks in Mauritania with the country's government. The acreage is located on Blocks C22, C17 and C14 which are 200-km offshore and the blocks total 8.4 million acres.
    REGIONS:
  • West Africa
  • Date: 10/18/2017
    Type: Acquisition

    DETAILS:

    VOLUMES: 100 M Bbls/d

    NOTES:
    The terminal is interconnected to the Plains Alpha Crude Connector Pipeline System and is currently permitted for 100 Mbbl/d in throughput. The terminal also provides logistical options such as truck, rail and pipeline.
    REGIONS:
  • Delaware Basin
  • Date: 9/27/2017
    Type: Acquisition

    DETAILS:

    ACRES: 22000 Acres

    NOTES:
    ExxonMobil reported that it has added 22,000 acres since May 2017 to its Permian Basin portfolio through a series of acquisitions and acreage trades. The asset deals have added 6 billion boe to the Company's resource base.
    REGIONS:
  • Permian Basin
  • Date: 8/28/2017
    Type: Acquisition

    Date: 6/5/2017
    Type: Acquisition

    DETAILS:

    ACRES: 307000 Acres

    NOTES:
    Acquisition of an offshore block from the Government of Equatorial Guinea
    REGIONS:
  • West Africa
  • Date: 3/9/2017
    Type: Acquisition

    SELLERS:
  • Eni SpA
  • DETAILS:

    COST: 2.8 $B

    NOTES:
    ExxonMobil entered an agreement to acquire 25% stake in Mozambique Area 4 offshore block from ENI for a purchase price of $2.8 billion.
    REGIONS:
  • Africa
  • Date: 2/23/2017
    Type: Acquisition

    DETAILS:

    COST: 2.5 $B

    NOTES:
    InterOil shareholders received 0.5459 shares of ExxonMobil for each InterOil common share and a contingent resource payment (that has been deposited into escrow on closing and will be subsequently released, with applicable adjustments, following certification of the Elk-Antelope resource).
    REGIONS:
  • South America
  • Date: 1/17/2017
    Type: Acquisition

    DETAILS:

    COST: 6.6 $B

    VOLUMES: 18 MBOE/d

    ACRES: 275000 Acres

    NOTES:
    ExxonMobil announced an acquisition of 275,000 acres in the Permian basin from a group of companies owned by the Bass family of Texas. Additionally, the assets are currently producing more than 18.0 Mboe/d and add more than 3.4 billion barrels of oil equivalent in resources to Exxon's portfolio.
    REGIONS:
  • Permian Basin
  • Date: 7/1/2016
    Type: Acquisition

    BUYERS:
  • PBF Energy Inc.
  • DETAILS:

    COST: 537.5 $MM

    VOLUMES: 900 Bbls/d

    REGIONS:
  • PADD V