Energy • Integrated Oil, LNG, Refining & Petrochemicals • SIC 2911
$187.25 ▲ +3.96
(+2.16%)
MKT CAP: $738.90B • VOL: 21.16M
52W L $113 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 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 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
$738.90B
UPSTREAM INPUTS ──► XOM OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
DAL 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 | $738.90B | — | 11.0% | 9.9% | 13.7x | -4.4% | SUBJECT ISSUER |
| AAPL | Apple Inc. | $344.63 | $5.07T | 48.6% | 33.2% | 81.4% | 30.3x | +14.2% | XOM VS AAPL <GO> |
| NVDA | NVIDIA Corporation | $204.64 | $4.98T | 74.7% | 65.2% | 65.1% | 23.4x | +83.4% | XOM VS NVDA <GO> |
| MSFT | Microsoft Corporation | $521.91 | $3.88T | 67.7% | 47.1% | 26.5% | 19.9x | +17.9% | XOM VS MSFT <GO> |
| GOOGL | Alphabet Inc. | $279.84 | $3.41T | 60.9% | 33.3% | 16.6% | 19.9x | +22.2% | XOM VS GOOGL <GO> |