Exxon

Exxon Mobil Corporation or ExxonMobil (NYSE: XOM) is the largest publicly traded oil producer and distributor in the world, formed on November 30, 1999, by the merger of Exxon and Mobil, and the sixth-largest company in the world via Forbes Global 2000. more...

It is one of the four largest Oil "Super Majors" in the world, along with BP, Royal Dutch Shell, and Total. By some measures, it is the largest publicly traded company in the world. Its operating profit in 2005 was $36.13 billion (an all-time record for any publicly traded company), slightly less than the gross domestic product of Azerbaijan, while its revenues were larger than the GDP of Saudi Arabia. Its headquarters are in Irving, a suburb of Dallas, Texas. The merger of Exxon and Mobil is symbolic in American history because it once again consolidated the two largest companies (Standard Oil Company of New Jersey/Exxon and Standard Oil Company of New York/Mobil) of John D. Rockefeller's Standard Oil trust. Exxon Mobil is a component of the Dow Jones Industrial Average.

The current ExxonMobil is the parent of Exxon, Mobil, and Esso companies around the world and is the largest oil company in the world by profit and market value.

Name

Exxon formally replaced the Esso, Enco, and Humble brands on January 1, 1973, in the USA. The name Esso, pronounced S-O, attracted protests from other Standard Oil spinoffs because of its similarity to the name of the parent company, Standard Oil. Hence, the company was restricted from using Esso in the USA except in those states awarded to it in the 1911 Standard Oil antitrust settlement. In states where the Esso brand was blackballed, the company marketed its gasoline under the Humble or Enco brands. The Humble brand was used at Texas stations for decades as those operations were under the direction of Jersey Standard affiliate, Humble Oil, and in the mid-to-late 1950s expanded to other Southwestern states including New Mexico, Arizona and Oklahoma.

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