ExxonMobil's research and development costs from 2001 to 2015 (in million U.S. dollars)

Loading statistic...
Complete Source Details
About This Statistic

This statistic outlines the research and development costs of ExxonMobil from 2001 to 2015. In 2008, ExxonMobil's research and development costs amounted to 847 million U.S. dollars. ExxonMobil is a United States-based multinational oil and gas corporation. In the last five years, ExxonMobil has held various rankings between being the first and sixth-largest company in the world, based on generated revenue. The ExxonMobil Corporation is headquartered in Irving, Texas.


ExxonMobil key facts

The ExxonMobil Corporation is a U.S. oil and gas corporation, headquartered in Irving, Texas. It was formed in 1999 through the fusion of Exxon and Mobil, previously known as Standard Oil of New York and Standard Oil of New Jersey respectively. The company traces its roots back to John D. Rockeffeller’s Standard Oil Company, which was founded in 1870. Today, ExxonMobil is one of the largest companies in the world.

According to the Financial Times Global 500 list for 2015, ExxonMobil is the world’s number one oil and gas company based on market value As of June 2015, ExxonMobil had a market value of some 356.5 billion U.S. dollars. When based on revenue, ExxonMobil is number five worldwide, topped by Wal-Mart and three other oil and gas companies: Sinopec, Royal Dutch Shell, and PetroChina.

Research and development expenditure in the oil and gas industry is not as high as in some other major industries. For example, the chemical industry spends around three percent of its revenue for R&D purposes. Pharmaceutical companies spend even more – often between 15 and 20 percent. In 2015, ExxonMobil spent around one billion US dollars on research and development. One decade earlier, in 2005, this figure stood at some 700 million U.S. dollars. However, oil and gas companies like ExxonMobil always have to cover exploration expenses. In 2015, these costs came to some 1.5 billion U.S. dollars for ExxonMobil. The highest expenditure of ExxonMobil was on crude oil and production purchases. These stood at some 130 billion U.S. dollars in 2015.

Show more…
Special Functions
Download as ...
Graphic (PNG)
Excel (XLS)
PowerPoint (PPT)
PDF
Options
Settings
Print
Research Alerts
Download started
Please be patient - this may take a moment

Statista Accounts: Access All Statistics. Starting from $828.00 / Year

Statistics on "ExxonMobil"

The most important statistics
The most important statistics
The most important statistics

Related Studies: Available to Download in PDF or PPTX Format

ExxonMobil

All Information
in One Presentation

ExxonMobil

Everything On "ExxonMobil" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista for Your Company: The Research and Analysis Tool

  • Product Film
  • Statistics
  • Downloads

Our Premium Statistics - facts for your business

Currently, Statista provides more than 1 million statistics. 93 percent (all Premium content) are exclusively accessible via our professional accounts.

Unlimited access

As a Statista Premium customer, you receive unlimited access to all statistics at all times. Including downloads of data in the most common formats (XLS, PDF & PNG). Create relevant and significant statistics in no time.

You are in good company

Further Content: Statistics, Studies, and Topic Pages

Our Business Solutions: Save Time and Money

only

$828*

per year
Your advantages
  • Full access to all our statistics
  • Download as XLS, PDF & PNG
  • Relevant data: complete source information
All functions of our platform illustrated face-to-face
  • Learn how Statista supports your company
  • Extensive tour across the whole portal
  • Personal guidance by our support team
The knowledge database for your company
  • All functions of the Premium Account
  • Access to dossiers, forecasts and studies
  • Access to our international database
  • Publishing rights and other exclusive functions