Exxon Mobil Corporation Maintains Strong Market Position Across Key Business Areas

Exxon Mobil Corporation, a prominent oil group with a diverse business structure, has received a reaffirmed Buy recommendation from UBS.

The company's net sales are derived from various sectors, with 85.8% coming from refining and distribution. In 2023, Exxon sold 5.5 million barrels of petroleum products daily. Hydrocarbon exploration and production account for 7.6% of sales, with Exxon producing 2.4 million barrels of oil and 219.1 million m³ of natural gas each day, solidifying its position as a global leader in this field. Additionally, Exxon's petrochemical segment, representing 6.6% of net sales, focuses on a range of products including oils, aromatics, and polymers. In 2023, the company sold a total of 19.4 million tons of these products.

Geographically, Exxon's net sales are distributed across various regions, with significant contributions from the U.S. (38%), Canada (8.7%), and the U.K. (7%), among others. This strong operational framework positions Exxon Mobil favorably in the global energy market.

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