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The 3 Most Important Businesses for Exxon Mobil

Exxon Mobil (NYSE:XOM) has been dealing with a storm of negative PR lately as the company's record profits in times of rising fuel prices are unjustified, and politicians are putting pressure on Congress to look at tax subsidies provided to oil and gas companies. Below we take a quick look at the company's main business divisions and highlight which divisions account for our $92.44 price estimate for Exxon Mobil. It competes with other oil & gas majors like BP ( BP ), ConocoPhillips ( COP ), Chevron ( CVX ) Chesapeake ( CHK ) and Anadarko ( APC ).

The 3 Important Business Divisions for Exxon Mobil

1) Crude Oil and Natural Gas Liquids (NGL) Production division- represents 51% of the company's stock value

Crude oil and NGL production is part of Exxon Mobil's upstream activities that are reported in the Exploration and Production (E&P) division. Upstream activities include oil and natural gas exploration, field development and production.

See the top forecasts for the Crude Oil and NGL Production division

2) Natural Gas Production division- 13%

Natural gas is also a part of the upstream division that is reported in the Exploration and Production (E&P) segment by Exxon Mobil. In the recent past, Exxon has added considerably more natural gas than liquids to its reserves, with the demand for natural gas expected to increase at a faster rate than for crude oil.

See the top forecasts for the Natural Gas Production division

3) Refined Products and Marketing division- 12%

The refined products and marketing division is responsible for refining and marketing various products such as gasoline, aviation fuel, fuel oil and middle distillates. These products are sold through four main channels namely retail, industrial, wholesale, and aviation & marine.

See the top forecasts for the Refined Products and Marketing division

See our full analysis for the Exxon Mobil stock here

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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