ExxonMobil is the world's largest publicly traded energy company, operating in about 200 countries and territories. In 2004, the company had net income of $25.3 billion.
Rex W. Tillerson, President, Exxon Mobil Corporation was very optimistic in a speech he gave in Dallas, Texas on March 4, 2005, reassuring his audience that his company can meet the formidable future challenges." The message I want to leave with you today is that the challenge of supplying energy to the world's economies today and in the future is immense, but there is good reason to be confident about our ability to continue to meet this critical objective.
The petroleum industry has demonstrated it is a master of change throughout our history. Collectively, companies in our industry have gone from producing less than three billion barrels of oil equivalent energy in 1930 to supplying nearly 50 billion barrels annually today.
In the coming decades, meeting the expected increase in global energy demand will require a broad portfolio of energy options. At the same time, hydrocarbon fuels - and more particularly oil and gas - are likely to remain the primary energy source through the middle of the century. That said, it is absolutely vital that we pursue policies and actions that reflect the facts and realities of national and international energy markets."
Special Recognition
In 2004, ExxonMobil Foundation, Exxon Mobil Corporation, and its divisions and affiliates provided more than $106 million in charitable contributions worldwide, with more than $40 million dedicated to education.
IW 50 Best Manufacturing Company
