About the Company
Mobil Oil Corporation, or just Mobil, is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil, formerly known as Exxon, which took its name after it and Mobil merged in 1999. A direct descendant of Standard Oil, Mobil was originally known as the Standard Oil Company of New York (shortened to Socony) after Standard Oil was split into 43 different entities in a 1911 Supreme Court decision. Socony merged with Vacuum Oil Company, from which the Mobil name first originated, in 1931 and subsequently renamed itself to "Socony-Vacuum Oil Company". Over time, Mobil became the company's primary identity, which prompted a renaming in 1955 to the "Socony Mobil Oil Company", and then in 1966 to the "Mobil Oil Corporation". Mobil credits itself as the first company to introduce paying at the pump at its gas stations, the first company to produce aviation fuel, as well as the first company to introduce a mobile payment device, called Speedpass. In 1998, Mobil announced it was merging with Exxon to form ExxonMobil, reuniting the two largest descendants of Standard Oil. The technicalities of the merger, which was completed on November 30, 1999, showed that Exxon bought Mobil, and Mobil shareholders received a payment of stock in Exxon. Mobil continues as a brand name within the combined company, as well as still being a gas station sometimes paired with its own store or On the Run. Mobil's brand name is primarily used to market motor oils, such as Mobil 1. The former Mobil headquarters in Fairfax County, Virginia, was used as ExxonMobil's downstream headquarters until 2015 when ExxonMobil consolidated employees into a new corporate campus in Spring, Texas.
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest News on EXXON MOBIL CORP
Strong Cash Flow Keeps ExxonMobil Ahead in a Volatile Energy Market
Exxon Mobil Corporation XOM continues to demonstrate robust financial strength built on consistent free cash flow generation ...
Why ExxonMobil's Strong Fundamentals And Technical Setup Make It A Compelling Buy
ExxonMobil's integrated model, consistent earnings, reliable dividends, Pioneer acquisition, and share buybacks make it a ...
Exxon Mobil Corp. stock underperforms Monday when compared to competitors
This was the stock's fourth consecutive day of losses.
Exxon Mobil, Cerebre Ink Long-Term Digital Agreement
Technology company Cerebre on Aug. 18 said it has signed a long-term agreement to accelerate Exxon Mobil ’s Foundational Digital Backbone. The agreement was announced as the energy major continues to ...
Exxon Mobil Sees Shares Rally, But Prepares Investors For $1 ... - Benzinga
Analysts are currently forecasting earnings of $1.53 per share for the quarter. Despite the company’s cautious outlook, Wall Street analysts largely maintain a bullish stance on Exxon Mobil.
ExxonMobil Brings Fourth FPSO Online, Boosts Stabroek Block Output
XOM starts production at Yellowtail with its largest FPSO, One Guyana, boosting Stabroek Block capacity to over 900,000 ...
Piper Sandler Sticks to Their Buy Rating for Exxon Mobil (XOM)
Detailed price information for Exxon Mobil Corp (XOM-N) from The Globe and Mail including charting and trades.
Exxon Mobil To Cut 400 Texas Jobs In Stages Through 2026
The company plans to lay off 110 employees by the end of 2024 and schedule another 178 layoffs for 2025. The remaining job cuts, affecting about 100 workers, are expected to occur in 2026.
Why Exxon Mobil Crushes Chevron In 2025
Exxon Mobil trades cheaper than Chevron across most valuation metrics. Click here to find out why I rate XOM stock a buy and ...
ExxonMobil Eyes $21.7B in Trinidad Deepwater Exploration Push
XOM secures full control of a vast Trinidad deepwater block, eyeing up to $21.7B investment if reserves prove significant.
ExxonMobil returns to Trinidad with huge exploration programme
US supermajor ExxonMobil is returning to Trinidad & Tobago following an award of a large offshore deepwater block, agreeing ...
What Kind Of Shareholders Own Exxon Mobil Corporation (NYSE:XOM)?
Our most recent data indicates that insiders own less than 1% of Exxon Mobil Corporation. It is a very large company, so it would be surprising to see insiders own a large proportion of the company.
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