ExxonMobil - statistics & facts

Production and marketing focus

The daily production output of ExxonMobil’s Upstream division includes over eight billion cubic feet of natural gas and around two million barrels of liquids. Despite a net decline of roughly 35 percent since 2011, natural gas remains the company’s most heavily extracted fossil fuel type. In 2021, proved reserves of ExxonMobil increased to over 18 billion barrels of oil-equivalent.
Despite fluctuations noted by its Upstream division, ExxonMobil’s chemical prime product sales saw relatively minor changes in the past two decades. Overall, ExxonMobil's operations contributed to net equity greenhouse gas emissions of around 111 million metric tons of carbon dioxide equivalent in 2020.

Company financials and recovery from pandemic slump

ExxonMobil has been among the leading oil and gas companies worldwide based on revenues for many years. The energy sector has historically been dominated by oil and gas supermajors such as Saudi Aramco, Gazprom, and Royal Dutch Shell. However, the coronavirus pandemic and its effect on oil demand and oil prices in 2020 has resulted in a shakeup of that order – with state-owned enterprises the main profiteers. That year, ExxonMobil’s net income fell into negative numbers for the first time in the company’s history. Nevertheless, by 2021, profits had recovered enough to reach a seven-year high largely carried by an energy supply shortage in the latter half of the year that brought oil prices to over 80 U.S. dollars per barrel.

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