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XTO Energy Inc. is an American energy company and subsidiary of ExxonMobil principally operating in North America.Acquired by ExxonMobil in 2010 and based out of Spring, Texas, it is involved with the production, processing, transportation, and development of oil and natural gas resources.
According to Fortune Global 500, ExxonMobil was the second largest company, second largest publicly held corporation, and the largest oil company in the United States by 2017 revenue. [113] For the fiscal year 2020, ExxonMobil reported a loss of US$22.4 billion, with an annual revenue of US$181.5 billion, a decline of 31.5% over the previous ...
ExxonMobil: 244,363 71,200 Multinational oil and gas company and largest of the Big Oil entities. The firm is headquartered in Spring, Texas north of Houston. Subsidiaries include Exxon, Mobil, and Esso. 9 AT&T: 160,546 254,000 Multinational telecommunications holding company which includes many components of the former Bell System.
Exxon Mobil Corp. reported its highest-ever annual profit last year of $55.7 billion (Photo by Joe Raedle/Getty Images) ORG XMIT: 775934613 ORIG FILE ID: 1461166968 Fortune 500: Top 20 Texas companies
Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to ...
Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil.
And sometimes energy companies attract a big name ... Exxon Mobil (XOM) 18.1%. EQT (EQT) 17.7%. ... All investors are advised to conduct their own independent research into investment strategies ...
In 2009, the company sold its assets in the Barnett Shale. [5] In 2010, the company acquired Encore Acquisition Company in a $4.6 billion transaction. [6] [7] In 2012, the company acquired Thompson Field in Fort Bend County, Texas for $360 million. [8] [9] The company also sold its acreage in the Bakken Formation to ExxonMobil for $1.6 billion ...