Exxon Mobil Corporation, founded in 1870 and headquartered in Irving, Texas, is a leading global energy company dedicated to providing reliable and affordable energy to support economic growth. The company is primarily engaged in the exploration, production, and distribution of oil, natural gas, and petrochemicals, offering products that power transportation, heat homes, and produce a range of consumer goods.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Exxon Mobil began issuing bonds as early as the 1920s and has since become a significant player in the bond market, often being viewed as a benchmark issuer in the energy sector. Notable issuances include a $7 billion bond offering in 2020, which significantly helped fund its capital expenditures during the pandemic. Currently, Exxon Mobil’s bond yields are generally in line with industry averages, reflecting solid credit ratings, while its recent offerings feature attractive terms that appeal to retail investors looking for stability amidst market volatility. The company has maintained a reputation for resilience and financial strength, enabling it to navigate through various economic cycles effectively.