Sector: Energy|Industry: Oil & Gas Integrated|Market Cap: $502.27B|Employees: 62K
ExxonMobil is one of the world's largest integrated oil and gas companies, engaged in the exploration and production of crude oil and natural gas, as well as the manufacturing, trading, transportation, and sale of petroleum products and petrochemicals. The company also pursues lower-emission business opportunities such as carbon capture and storage, hydrogen, and biofuels. ExxonMobil competes in numerous national and international markets, leveraging proprietary technology and a global network of assets for a competitive advantage.
Total revenues and other income for the three months ended September 30, 2024, were $90,016 million, compared to $90,760 million in the same period of 2023. This represents a slight decrease, however, sales and other operating revenue increased significantly, indicating strong performance in core business operations.
Net income attributable to ExxonMobil for the three months ended September 30, 2024, was $8,610 million, compared to $9,070 million in the same period of 2023. While this shows a decrease, the overall financial performance remains strong.
Total costs and other deductions for the three months ended September 30, 2024, were $76,990 million, compared to $77,061 million in the same period of 2023. This increase may indicate challenges in cost management or increased operational expenses.