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Here at FxPro, we’re delighted to offer our clients the opportunity to invest in Exxon Mobil, through our CFDs Product. This is one of the largest oil companies in the world.
According to the official open sources, the company’s history began in 1999. Headquarters is located in Irving, Texas, USA.
One of the largest corporations in terms of market capitalization ($330 billion in February 2019). It was founded as a result of the merger of the largest American oil companies Exxon and Mobil: the cost of the agreement was $73.7 billion. This deal allowed reducing the expenses of both companies by $2.8 billion per year.
At the end of 2018, proved reserves were 9.26 billion barrels of oil and 1.467 trillion cubic meters of natural gas. The main oil reserves are placed in Asia and the United States, and the natural gas is in the USA, Australia, Asia, and Europe. The major business lines are oil and gas production, oil refining and sales, chemical industry, corporate center, and finance. The retail network includes 20.8 thousand gas stations, the income from them comes in the form of royalties for the use of Exxon and Mobil trademarks.
Since the Second World War, Exxon Mobil retained the status of the world's largest oil company but in 1989 it has passed to Royal Dutch Shell. One reason for this was the collapse of a branded tanker off the coast of Alaska. Oil spill response cost the company several billion dollars.
The company is one of the companies providing the American Enterprise Institute.Today this brand is listed on the NYSE and its name is firmly established in our life.
Exxon Mobil Corporation stock price is subject to the observations of many traders in the world. At the beginning of 2019, Exxon Mobil share price was 69,04 USD.
Among the reasons to keep a close eye to the CFDs on ExxonMobil securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at the Exxon Mobil Corporation share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).
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