Exxon Mobil Corporation is an international energy and petrochemical company. Its primary businesses include exploration for, and production of, crude oil and natural gas; manufacturing, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels and lithium. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products and Specialty Products segments manufacture and sell petroleum products and petrochemicals. We show 59 historical shares outstanding datapoints in our XOM shares outstanding history coverage, used to compute XOM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing XOM market cap history over the course of time is important for investors
interested in comparing XOM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of XOM versus a peer is one thing; comparing
XOM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like XOM can fluctuate over the course of history.
With this page we aim to empower investors researching XOM by allowing them to research the XOM market cap history. |
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Video: The Importance of Market Cap
