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ExxonMobil's Baytown Refinery is a major oil refinery named after and located in Baytown, Texas.It has capacity of 588,000 barrels per day (93,500 m 3 /d). [1] The site first opened in 1919 and was originally operated by the Humble Oil Company.
As Magnolia Petroleum Company expanded its influence in the southwestern United States, Standard Oil Company of New York (SOCONY Mobil) began acquiring shares in the company. In December 1925, all Magnolia stock was exchanged for Standard Oil of New York shares, and the Texas assets were subsequently transferred to Magnolia Petroleum Company. [ 6 ]
ExxonMobil's primary retail brands worldwide are Exxon, Esso, Mobil, with the former being used exclusively in the United States and the latter two being used in most other countries where ExxonMobil operates. Esso is the only one of its brands not used widely in the United States. Since 2008, Mobil is the only brand for the company lubricants.
ExxonMobil's Baton Rouge Refinery in Baton Rouge, Louisiana is the sixth-largest oil refinery in the United States and seventeenth-largest in the world, [1] with an input capacity of 540,000 barrels (86,000 m 3) per day as of January 1, 2020. [2]
The Billings Refinery is an American oil refinery located in Billings, Montana, owned and operated by Par Pacific Holdings which took over operations from ExxonMobil on June 1, 2023. [1] ExxonMobil previously announced on October 20, 2022, that it would sell the refinery to Par Pacific with the sale expected to complete in the second quarter of ...
Meanwhile, ExxonMobil has raised its dividend for 42 consecutive years. Based on its new dividend payout of $1.71 per share per quarter, Chevron has a forward dividend yield of 4.6% compared to 3. ...
Mobil is ExxonMobil's primary retail motor fuel brand in California, Florida, New York, New England, the Great Lakes and the Midwest. Exxon is the primary brand in the rest of the United States, with the highest concentration of retail outlets located in New Jersey, Pennsylvania, Texas and in the Mid-Atlantic and Southeastern states.
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.