Exxon Mobil Corporation
ExxonMobil Announces 2024 Financial Results
Summary
ExxonMobil reported full-year 2024 earnings of $33.7 billion, a decrease from $36.0 billion in 2023. Fourth-quarter earnings were $7.6 billion, or $1.72 per share, down from $8.6 billion, or $1.92 per share in the third quarter. The company also declared a first-quarter dividend of $0.99 per share, payable on March 10, 2025. Cash flow from operating activities was $55.0 billion, and free cash flow was $34.4 billion for the full year.
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About Exxon Mobil Corporation
Exxon Mobil Corporation is a leading integrated energy company engaged in the exploration, production, transportation, and sale of crude oil and natural gas. As one of the largest publicly traded oil and gas companies in the world, Exxon Mobil is involved in all stages of the petroleum value chain, from upstream operations like exploring and producing oil and gas, to downstream activities such as refining, marketing, and selling petroleum products. The corporation also engages in chemical manufacturing, producing and selling assorted petrochemicals to various industries. Founded by the merger of Exxon and Mobil in 1999, Exxon Mobil has played a significant role in global energy supply, employing advanced technology and emphasizing efficiency and sustainability in its operations. The company influences a wide array of sectors, including transportation, energy production, and manufacturing, highlighting its pivotal role in the broader economic landscape. Headquartered in Irving, Texas, Exxon Mobil remains a significant player in addressing energy needs and advancing initiatives towards environmentally responsible energy solutions.
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