ExxonMobil
Finds, pumps and refines oil and gas, and makes chemicals and plastics.
📖 Its story
In 1870, John D. Rockefeller started Standard Oil, which came to control almost all the oil in the United States. In 1911, the courts ordered it to be split into many smaller companies. Two of those “daughters,” Exxon and Mobil, joined together again in 1999.
💵 How it makes money
By selling oil, natural gas, gasoline, lubricants and chemical products.
🤯 Fun fact
Exxon and Mobil were two “sisters” split up in 1911 that got back together 88 years later.
👍 The good part
It produces energy the world still uses every day for transportation, factories and electricity.
⚠️ The risk
Many countries want to use less oil to protect the climate, and the price of oil goes up and down a lot.
🧠 Did you get it?
What big company started by Rockefeller did ExxonMobil come from?
🗂️ Quick facts
- Founded in: 1870
- Founded by: John D. Rockefeller and his partners (Standard Oil)
- Home: Spring, Texas (near Houston), USA
🔎 How to find it on the stock market
- Search the internet for XOM stock.
- You can also find it in your parents' investing app with the letters XOM.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
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