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Exxon Mobil Corporation (XOM) is a multinational oil and gas company based in Irving, Texas, USA. It is one of the largest publicly traded companies in the world and is a component of the Dow Jones Industrial Average.
ExxonMobil is engaged in the exploration, production, refining, and marketing of oil, natural gas, and petrochemicals. The company operates in several geographic regions including North America, Europe, Asia-Pacific, and Africa.
In terms of earnings, ExxonMobil reported a profit of $20.8 billion in 2021, up from a loss of $22.4 billion in 2020. The company's revenue for 2021 was $285.6 billion, a significant increase from the $169.2 billion reported in 2020.
ExxonMobil has a track record of consistently paying dividends to its shareholders. The company has increased its annual dividend for 39 consecutive years, making it a Dividend Aristocrat.
In terms of growth, ExxonMobil has been investing in new projects in areas such as offshore drilling, liquefied natural gas (LNG), and advanced fuels. The company has also been focusing on reducing its carbon emissions and investing in renewable energy.
In conclusion, ExxonMobil is a well-established player in the global energy industry with a strong financial performance and a long history of dividend payments. The company is focused on growth through new projects and investments in renewable energy, as well as reducing its carbon emissions.