Business Chief USA June 2019
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TOP 10<br />
02<br />
Exxon Mobil<br />
$244bn<br />
98<br />
ExxonMobil is the largest publicly traded international<br />
gas and oil company in the world. The company posted<br />
revenues of more than $244bn, with profits exceeding<br />
$19bn in 2018. Headquartered in Irving, Texas, Exxon<br />
Mobil has seen revenue rise by 17.4% and profits have<br />
skyrocketed by a staggering 151.%, due to the US oil<br />
boom of recent years. Founded in 1859, when Edwin<br />
Drake and Billy Smith drilled an oil well in Titusville,<br />
Pennsylvania, Exxon Mobil is led by CEO Darren<br />
W. Woods. The company employs upwards of 71,200<br />
people and has made bold intentions to ramp up oil<br />
production to 600,000 barrels per day by 2025.<br />
Woods reportedly plans to invest $1bn in research<br />
and development to combat carbon emissions.<br />
JUNE <strong>2019</strong>
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