Energy • Integrated Oil, LNG, Refining & Petrochemicals • SIC 2911
$187.25 ▲ +3.96
(+2.16%)
MKT CAP: $753.67B • VOL: 21.83M
52W L $68 52W H $189
XOM // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: Form 10-K (FY2025) // Item 1 Upstream, Energy Products & Chemical Products
01 // UPSTREAM SUPPLIERS & FOUNDRIES
SLB <GO>
CRITICAL
SLB (Schlumberger) & Halliburton Oilfield Services
SUPPLIER • Deepwater Guyana Subsea Drilling, Wireline Logging & Permian Frac Fleets
EST. COGS / CAPEX SHARE 34%
EVIDENCE: 10-K Upstream Capital & Exploration Expenditures ($27B+/yr)
BKR <GO>
CRITICAL
Baker Hughes & SBM Offshore FPSO Contractors
FOUNDRY / INFRA • LNG Liquefaction Turbomachinery & Guyana FPSO Production Vessels
EST. COGS / CAPEX SHARE 24%
EVIDENCE: 10-K Major Project Execution (Guyana FPSOs & Golden Pass LNG)
CORE VALUE-CHAIN HUB NYSE
XOM // Exxon Mobil Corporation
GROSS MARGIN
—
OP MARGIN
11.0%
ROIC %
9.9%
MKT CAP
$753.67B
UPSTREAM INPUTS ──► XOM OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
DAL <GO>
REV SHARE: ~58%
Global Airlines, Marine Bunkering & Fuel Wholesalers (Costco/TravelCenters)
CUSTOMER • Jet Fuel, Ultra-Low-Sulfur Diesel & Branded Exxon/Mobil Motor Gasoline
EVIDENCE: 10-K Energy Products Refining & Marketing Throughput (~5.4M bbl/d)
AMZN <GO>
REV SHARE: ~18%
Packaging, Automotive & Industrial Polymer Manufacturers
CUSTOMER • Polyethylene, Polypropylene & Mobil 1 Synthetic Lubricants
EVIDENCE: 10-K Chemical Products & Specialty Products Segments
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| XOM ★ | Exxon Mobil Corporation | $187.25 | $753.67B | — | 11.0% | 9.9% | 13.9x | -4.4% | SUBJECT ISSUER |
| CVX | Chevron Corporation | $231.46 | $457.31B | 41.3% | 8.1% | 5.8% | 21.5x | -4.6% | XOM VS CVX <GO> |
| SHEL | Shell PLC American | $107.67 | $297.82B | — | 13.9% | 9.9% | 21.0x | +3.3% | XOM VS SHEL <GO> |
| COP | ConocoPhillips | $150.03 | $180.24B | 56.9% | 18.8% | 9.4% | 16.9x | +4.9% | XOM VS COP <GO> |
| BHP | BHP Group Limited American | $81.82 | $207.99B | — | 13.9% | 9.9% | 21.0x | -3.3% | XOM VS BHP <GO> |
| TTE | TotalEnergies SE | $94.03 | $205.16B | — | 13.9% | 9.9% | 21.0x | +2.2% | XOM VS TTE <GO> |