Exxon Mobil, headquartered in Spring, Texas, employs 62,000 and engages in oil and gas exploration, production, and distribution while pursuing lower-emission business opportunities. Its segments include upstream exploration and manufacturing of energy, chemical, and specialty products.
XOM has been in the news recently: Exxon Mobil Corporation is focusing on improving oil production efficiency in the Permian Basin to maintain stable cash flow and growth in the face of market uncertainties by 2025. Additionally, the company plans to reduce its workforce by approximately 2,000 jobs, representing about 3% to 4% of its total employees, as part of a corporate restructuring effort.
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