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
ExxonMobil Secures Vast Deepwater Block in Trinidad & Tobago
XOM secures exclusive rights to Trinidad & Tobago's vast UD-1 block, boosting its Caribbean deepwater expansion strategy.
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.
Russia appears to open door for potential Exxon return to Sakhalin-1 project
Russia's President Putin has signed a decree that could allow foreign investors, including Exxon Mobil, to regain shares in ...
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 ...
Can ExxonMobil's Low Carbon Drive Power Its Future?
Exxon Mobil Corporation XOM has integrated its low-carbon strategy into its core operations. It aims for net-zero (Scope 1 & ...
ExxonMobil Is Growing Quickly For Its Size
ExxonMobil drives growth with low-cost production, robust financials, and shareholder returns. Read the latest analysis on ...
Goldman Sachs Maintains ‘Neutral’ Rating on Exxon Mobil Corporation (XOM) With $117 Price Target
With a year-to-date decline in share price, along with strong hedge fund interest, Exxon Mobil Corporation (NYSE:XOM) secures a place on our list of the 11 Best Rebound Stocks to Buy According to ...
ExxonMobil could invest up to $21.7 billion in new Trinidad deepwater oil and gas block
ExxonMobil is expected to explore a large deepwater block off Trinidad and Tobago, with plans for seismic surveys and ...
Energy Dividend Aristocrats Shine Amid Market Uncertainty
Dividend aristocrats — companies with 25+ years of dividend growth — remain attractive for income investors. Exxon Mobil and ...
Morgan Stanley Raises Exxon Mobil (XOM) Price Target, Keeps Overweight Rating
Exxon Mobil Corporation (NYSE: XOM) is one of the 12 Best American Energy Stocks to Buy Right Now. On August 4, Morgan ...
Exxon Mobil Hits Record Production, CEO Reaffirms Hunt For Value-Driven Deals
Q2 earnings beat estimates with $7.1B profit on record production and revenues, plans for growth and acquisitions.
Exxon Mobil Corp. sues California attorney general for ... - News4JAX
SAN FRANCISCO – Exxon Mobil Corp. filed a federal defamation lawsuit against California Attorney General Rob Bonta and several environmental groups, months after Bonta sued the oil and gas giant ...
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