Exxon Mobil, headquartered in Spring, Texas, employs 62,000 and engages in oil and gas exploration, production, and distribution while pursuing lower-emission business opportunities. Its segments include upstream exploration and manufacturing of energy, chemical, and specialty products.
XOM has been in the news recently: Despite rising volatility in oil markets due to tensions in the Middle East, the U.S. economy's vulnerability to oil price shocks has significantly decreased. This context is relevant for Exxon Mobil, a major player in the oil industry, as it navigates changing market dynamics.
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