Leading oil and gas producers in the U.S. based on revenue 2022

ExxonMobil is the largest United States-based oil and gas producing company. As of June 2022, ExxonMobil's revenues amounted to nearly 307 billion U.S. dollars. ExxonMobil’s revenue was significantly higher than its competitors, earning more than 100 billion U.S. dollars more than Chevron, which ranked second in that same time.

ExxonMobil’s main operations and locations

Based in Irving, Texas, ExxonMobil is consistently ranked as one of the top oil and gas companies worldwide based on revenue. The company has early origins in John D. Rockefeller’s Standard Oil Company from the 1880s but became the entity it is today when two major oil companies, Exxon and Mobil, merged in 1999. The company is one of the leading global oil refiners, with refineries in 21 countries. The majority of ExxonMobil's refining capacity is in North America and Europe.

Two decades of cutbacks

ExxonMobil's revenue has seen a staggering decline in the past decade. While having been consecutively ranked among the largest worldwide companies in the late 2000s and early 2010s, the 2015/16 oil glut has eaten at the company's annual returns. The 2020 oil crisis further reduced ExxonMobil's revenue to its lowest value yet before rebounding in 2021.