Stock FAQs

who owns exxon stock

by Cordelia Gibson Published 2 years ago Updated 2 years ago
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Top 3 Institutional Shareholders

  • Vanguard Group Inc. Vanguard Group owned 353 million shares of ExxonMobil, representing 8.34% of total shares outstanding as of Q1 2022. ...
  • BlackRock Inc. BlackRock owns 283.3 million shares of ExxonMobil, representing 6.6% of total shares outstanding, as of February 2022. ...
  • State Street Corp. ...

Top 10 Owners of Exxon Mobil Corp
StockholderStakeShares owned
The Vanguard Group, Inc.8.26%347,842,779
SSgA Funds Management, Inc.5.96%251,154,186
BlackRock Fund Advisors4.68%196,969,122
Fidelity Management & Research Co...1.96%82,611,336
6 more rows

Full Answer

What companies does ExxonMobil own?

What is biggest oil company in world?

  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 does ExxonMobil make money?

  • ExxonMobil's proved reserves by product type 2012-2020
  • ExxonMobil's upstream production by type 2001-2020
  • ExxonMobil's refining capacity by region 2012-2020
  • ExxonMobil's petroleum product sales 2001-2020
  • ExxonMobil Chemical's prime product sales 2001-2020
  • ExxonMobil's upstream net profit 2001-2020
  • ExxonMobil's Downstream net profit 2001-2020

More items...

Who owns Shell Gas Company?

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this release "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.

Is Exxon an American company?

San Diego, CA, based Investment company American Assets Investment Management, LLC (Current Portfolio) buys Shell PLC, Walmart Inc, Exxon Mobil Corp, Chevron Corp, Intel Corp, sells Viatris Inc ...

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What Does The Institutional Ownership Tell Us About Exxon Mobil?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

Insider Ownership Of Exxon Mobil

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

General Public Ownership

With a 47% ownership, the general public have some degree of sway over Exxon Mobil. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Next Steps

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Exxon Mobil has 1 warning sign we think you should be aware of.

Who are the largest shareholders of Exxon Mobil?

As of March 2019, ExxonMobil's largest shareholders include The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%). ExxonMobil is one of the largest of the world's Big Oil companies. As of 2007. [update]

What was the name of the oil company that merged with Exxon?

In 1998, Exxon and Mobil signed a US$73.7 billion merger agreement forming a new company called Exxon Mobil Corp. (ExxonMobil), the largest oil company and the third-largest company in the world. This was the largest corporate merger at that time. At the time of the merger, Exxon was the world's largest energy company while Mobil was the second-largest oil and gas company in the United States. The merger announcement followed shortly after the merge of British Petroleum and Amoco, which was the largest industrial merger at the time. Formally, Mobil was bought by Exxon. Mobil's shareholders received 1.32 Exxon's share for each Mobil's share. As a result, the former Mobil's shareholders receives about 30% in the merged company while the stake of former Exxon's shareholders was about 70%. The head of Exxon Lee Raymond remained the chairman and chief executive of the new company and Mobil chief executive Lucio Noto became vice-chairman. The merger of Exxon and Mobil was unique in American history because it reunited the two largest companies of the Standard Oil trust.

How many acres does Exxon Mobil own?

As of December 31, 2014, ExxonMobil owned 14.6 million acres (59,000 km 2) in the United States, of which 1.7 million acres (6,900 km 2) were offshore, 1.5 million acres (6,100 km 2) of which were in the Gulf of Mexico.

What was the merger of Exxon and Mobil?

At the time of the merger, Exxon was the world's largest energy company while Mobil was the second-largest oil and gas company in the United States . The merger announcement followed shortly after the merge of BP and Amoco, which was the largest industrial merger at the time. Formally, Mobil was bought by Exxon.

Where is Exxon Mobil located?

Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller 's Standard Oil, and was formed on November 30, 1999 by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil ...

What is ExxonMobil's research?

ExxonMobil conducts research on clean energy technologies, including algae biofuels, biodiesel made from agricultural waste, carbonate fuel cells, and refining crude oil into plastic by using a membrane and osmosis instead of heat. However, it is unlikely the company will commercialize these projects before 2030.

When did ExxonMobil sign documents with Rosneft?

William Holbrook, a company spokesman, said that the ExxonMobil had followed "clear guidance from the White House and Treasury Department when its representatives signed [in May 2014 ] documents involving ongoing oil and gas activities in Russia with Rosneft".

Who owns ExxonMobil?

ExxonMobil was formed in 1999 after the merger of two major oil companies, Exxon and Mobil. Exxon and Mobil both merged out of Standard Oil, which was established by John D Rockefeller and partners in 1870 as the Standard Oil Company of Ohio.

History with Trump and his administration

In 2016, CEO of ExxonMobil, Rex Tillerson, was nominated as Secretary of State by Trump.

Twitter reactions

After Trump’s statements and clarification by ExxonMobil, Twitter started discussing the matter.

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Overview

Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). ExxonMo…

History

ExxonMobil was formed in 1999 by the merger of two major oil companies, Exxon and Mobil.
Both Exxon and Mobil were descendants of Standard Oil, established by John D. Rockefeller and partners in 1870 as the Standard Oil Company of Ohio. In 1882, it together with its affiliated companies was incorporated as the Standard Oil …

Operations

ExxonMobil is the largest non-government-owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy.
ExxonMobil is organized functionally into a number of global operating divisions. These divisions are grouped into three categories for reference purposes, though the company also has several ancillary divisions, such as Coal & Minerals, which are stand alone. It also owns hundreds of sm…

Corporate affairs

According to Fortune Global 500, ExxonMobil was the second largest company, second largest publicly held corporation, and the largest oil company in the United States by 2017 revenue. For the fiscal year 2020, ExxonMobil reported a loss of US$22.4 billion, with an annual revenue of US$181.5 billion, a decline of 31.5% over the previous fiscal cycle.

Controversies

ExxonMobil is the target of human rights violations accusations for actions taken by the corporation in the Indonesian territory of Aceh. In June 2001, a lawsuit against ExxonMobil was filed in the Federal District Court of the District of Columbia under the Alien Tort Claims Act. The suit alleges that the ExxonMobil knowingly assisted human rights violations, including torture, murder and rape, by employing and providing material support to Indonesian military forces, who commit…

Environmental record

ExxonMobil's environmental record has faced much criticism for its stance and impact on global warming. In 2018, the Political Economy Research Institute ranks ExxonMobil tenth among American corporations emitting airborne pollutants, thirteenth by emitting greenhouse gases, and sixteenth by emitting water pollutants. A 2017 report places ExxonMobil as the fifth largest contribu…

See also

• Connecticut v. ExxonMobil Corp.
• Exxon Corp. v Exxon Insurance Consultants International Ltd
• Kivalina v. Exxon Mobil Corp.
• List of companies by revenue

Further reading

• Coll, Steve (2012). Private Empire: ExxonMobil and American Power. New York, NY: The Penguin Press. ISBN 978-1-594-20335-0.
• Painter, David S. (1987). Private Power and Public Policy: Multinational Oil Corporations and United States Foreign Policy, 1941–1954. London: I.B.Tauris. ISBN 978-1-850-43021-6.

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