Foreign Market & Diversification

In 1866 , Matthew Ewing and Hiram Bond Everest founded the Vacuum Oil company, which eventually became Mobil Oil Corporation in 1966. In 1870, John D. Rockefeller led a group of men in the establishment of Standard Oil Company of Ohio, which operated the largest refining facility in the world at the time. Through a long history of mergers, acquisitions, anti-trust break-up, and then mergers and acquisitions again, the ExxonMobil corporation was officially formed on November 30, 1999.ExxonMobil Headquarters:

The ExxonMobil world headquarters are located in Irving, Texas, which was the headquarters of the Exxon corporation prior to its merger with Mobil. The headquarters for the ExxonMobil retail convenience stores (downstream operations) are located in Fairfax, Virginia.

Mission Statement of ExxonMobil Corporation:

As one of the most profitable companies in the world, ExxonMobil Corporation makes no secret that it is on a money mission, and the company has been extremely successful in accomplishing that mission. The mission of ExxonMobil Corporation is…

“Exxon Mobil Corporation is committed to being the world’s premier petroleum and petrochemical company. To that end, we must continuously achieve superior financial and operating results while simultaneously adhering to high ethical standards..”

In addition to this mission statement, ExxonMobil has Guiding Principles which helps guide and define its relationships with shareholders, customers, employees, and the community in general. The Guiding Principles of ExxonMobil are…

“Shareholders We are committed to enhancing the long-term value of the investment dollars entrusted to us by our shareholders.CustomersSuccess depends on our ability to consistently satisfy ever changing customer preferences.EmployeesThe exceptional quality of our workforce provides a valuable competitive edge.

CommunitiesWe commit to be a good corporate citizen in all the places we operate worldwide.”