ExxonMobil's operating revenue amounted to approximately 344.6 billion U.S. dollars in 2023. ExxonMobil is a United States-based multinational oil and gas corporation. It ranks among the largest companies worldwide based on revenue alongside other publicly-traded supermajors such as Shell and BP, as well as state-owned entities like Sinopec and Saudi Aramco.
ExxonMobil's financials
2022 was one of ExxonMobil's most profitable years since its founding through a merger in 1999. The Russia-Ukraine war led to a steep rise in oil and gas prices as traders feared supply bottlenecks. The ensuing business year reflected how much company's within the industry profited from such high commodity prices, with ExxonMobil's net income climbing to nearly 58 billion U.S. dollars.
ExxonMobil's production output and product sales
In 2023, the company's Upstream division produced some 2.4 million barrels of oil and other liquids per day, in addition to 7.7 billion cubic feet of natural gas. ExxonMobil's production output increased for liquids, while natural gas figures decreased. By comparison, ExxonMobil's petroleum product sales increased in every year since 2020, reaching around 5.5 million barrels per day in 2023.
Annual revenue of ExxonMobil from 2001 to 2023
(in million U.S. dollars)
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Exxon Mobil. (February 29, 2024). Annual revenue of ExxonMobil from 2001 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 31, 2024, from https://www.statista.com/statistics/264119/revenue-of-exxon-mobil-since-2002/
Exxon Mobil. "Annual revenue of ExxonMobil from 2001 to 2023 (in million U.S. dollars)." Chart. February 29, 2024. Statista. Accessed August 31, 2024. https://www.statista.com/statistics/264119/revenue-of-exxon-mobil-since-2002/
Exxon Mobil. (2024). Annual revenue of ExxonMobil from 2001 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 31, 2024. https://www.statista.com/statistics/264119/revenue-of-exxon-mobil-since-2002/
Exxon Mobil. "Annual Revenue of Exxonmobil from 2001 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/264119/revenue-of-exxon-mobil-since-2002/
Exxon Mobil, Annual revenue of ExxonMobil from 2001 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/264119/revenue-of-exxon-mobil-since-2002/ (last visited August 31, 2024)
Annual revenue of ExxonMobil from 2001 to 2023 (in million U.S. dollars) [Graph], Exxon Mobil, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/264119/revenue-of-exxon-mobil-since-2002/