Exxon Mobil Corp XOM

Alternate Symbol(s): N.XOM

Energy Oil & Gas Integrated

Exxon Mobil Corporation is an international energy and petrochemical company. Its primary businesses include exploration for, and production of, crude oil and natural gas; manufacturing, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels and lithium. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consist of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins. It also focuses on net-zero greenhouse gas emissions from its operated unconventional operations in the Permian Basin.

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Exxon Mobil Corp

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Post by jerryb1on Jan 30, 2009 12:51pm

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Post# 15740712

Exxon Reports

HOUSTON - Exxon Mobil is reporting a profit of US$45.2-billion for 2008, breaking its own record for full-year earnings by a U.S. company, but fourth-quarter profits tumbled 33 per cent.

The fourth-quarter decline is not a surprise with oil's swift 60 per cent plunge in the final three months of the year. The previous record for annual profit was $40.6 billion, which Exxon Mobil set in 2007.

Source www.bloomberg.com

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