How much is Exxon Mobil net worth?
ExxonMobil held total assets worth 332.8 billion U.S. dollars as of 2020….Total assets of ExxonMobil from 2001 to 2020 (in million U.S. dollars)
| Characteristic | Total assets in million U.S. dollars |
|---|---|
| 2019 | 362,597 |
| 2018 | 346,196 |
| 2017 | 348,691 |
| 2016 | 330,314 |
Is ExxonMobil making money?
ExxonMobil explores for, and produces, crude oil and natural gas, as well as petrochemicals and other related products. The Downstream segment generates the most revenue, but the Chemical segment was the only one that made a profit in 2020.
How much did ExxonMobil make in 2019?
Compare XOM With Other Stocks
| Exxon Annual Revenue (Millions of US $) | |
|---|---|
| 2020 | $181,502 |
| 2019 | $264,938 |
| 2018 | $290,212 |
| 2017 | $244,363 |
Are Chevron and Exxon competitors?
Chevron is the biggest rival of Exxon Mobil. Chevron is headquartered in San Ramon, California, and was founded in 1879. Like Exxon Mobil, Chevron also operates in the Oil & Gas Exploration, Production, Sales space.
How much money did Exxon make last year?
ExxonMobil’s operating revenue amounted to approximately 178.6 billion U.S. dollars in 2020….Operating revenue of ExxonMobil from 2001 to 2020 (in million U.S. dollars)
| Characteristic | Revenue in million U.S. dollars |
|---|---|
| 2019 | 255,583 |
| 2018 | 279,332 |
| 2017 | 237,162 |
| 2016 | 200,628 |
Does Exxonmobil have a layoff?
As Business Insider first reported, Exxon is slashing its global workforce by 15%, or 14,000 people, through 2022, relative to the company’s headcount in 2019. The cuts include both contractors and employees. US: Up to 1,900 of the job cuts will be in the US, including at least 723 from the Houston area.
What are the largest oil companies?
10 Biggest Oil Companies
- #1 China Petroleum & Chemical Corp. (SNP)
- #2 PetroChina Co. Ltd. (PTR)
- #3 Saudi Arabian Oil Co. (Saudi Aramco) (Tadawul: 2222)
- #4 Royal Dutch Shell PLC (RDS. A)
- #5 BP PLC (BP)
- #6 Exxon Mobil Corp. (XOM)
- #7 Total SE (TOT)
- #8 Chevron Corp. (CVX)
How much is Exxonmobil debt?
According to the Exxon Mobil’s most recent balance sheet as reported on November 4, 2020, total debt is at $68.80 billion, with $46.89 billion in long-term debt and $21.91 billion in current debt. Adjusting for $8.83 billion in cash-equivalents, the company has a net debt of $59.97 billion.
Is XOM in debt?
Exxon is facing record debt of nearly $70 billion, nearly double the level at the end of 2018, Bloomberg reported. In January, the Houston Chronicle reported that more than 100 oil and gas companies declared bankruptcy in 2020 due to the pandemic.
Does BP have a lot of debt?
BP plunged to a $5.7 billion loss last year and had a debt pile of $39 billion at the end of 2020. It had expected that debt level to rise in the first half of 2021 due to several payments due. BP said on Tuesday it expects sale proceeds in 2021 to be at the top end of its existing $4 billion to $6 billion range.
Why is Exxon Mobil stock dropping?
As with other oil stocks to buy and watch, Exxon stock will rise and fall with crude oil prices. So even when Exxon looks good based on fundamentals and technicals, crude oil prices may suddenly plunge, taking XOM stock down too.
Will oil stocks recover?
Oil stocks have been pretty slick in 2021, rising sharply in anticipation of a massive recovery in global economic activity as the COVID-19 pandemic fades. Indeed, oil stocks have been one of the strongest recovery plays to be found – and analysts say the sector has plenty of room left to run.