Exxon Mobil Mergers and Acquisitions Summary

Oil/gas Exploration Company

Exxon Mobil has acquired 8 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 5 assets.

Exxon Mobil’s largest acquisition to date was in 1999, when it acquired Mobil for $81.0B. It’s largest disclosed sale occurred in 2019, when it sold Exxon Mobil - Upstream Operations to for $4.5B. Exxon Mobil has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include oil/gas exploration (88%) and chemicals (13%).

Join Mergr and gain access to Exxon Mobil’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the oil/gas exploration sector.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity8
    • M&A Sell Activity5
  • Total Sectors Invested 2
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 8
  • M&A Advisors 2

Exxon Mobil Corp.

5959 Las Colinas Boulevard,
Irving, Texas 75039
United States,
(972) 940-6000
www.corporate.exxonmobil.com

Exxon Mobil Corp. is a global oil and gas exploration company. Exxon Mobil's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. ExxonMobil is a major manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. Exxon Mobil was founded in 1870 and is based in Irving, Texas.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.2/yr) # 7 1 - - - - 8
vol $126.5B $2.5B $129.0B
Sell (0.2/yr) # 4 - - - 1 - 5
vol $580M $4.5B $5.1B
  13

Most Recent M&A

Company Date Value Type
Exxon Mobil Corp. - Upstream Operations 2019-09-25 4.5B USD Divestiture
, Texas
InterOil Corp. 2016-07-21 2.5B USD Add-on Acquisition
Singapore, Singapore · www.interoil.com
Chalmette Refining LLC 2015-06-18 322M USD Divestiture
Chalmette, Louisiana · www.chalmetterefining.com
Hong Kong Pumped Storage Development Co.,Ltd. 2014-05-12 258M HKD Stake Purchase
Hong Kong, Hong Kong
Exxon Mobil Corp. - Esso Card Program 2013-11-08 - Divestiture
, United Kingdom · www.essocard.com
BOPP Films Business 2012-10-29 - Divestiture
Macedon, New York
Celtic Exploration Ltd. 2012-10-17 2.2B CAD Add-on Acquisition
Calgary, Alberta
Debury Resources, Inc. - Bakken Assets 2012-09-20 1.6B USD Divestiture
, North Dakota
The Lucius oil field 2011-09-13 - Stake Purchase
, United States
Ellora Energy, Inc. 2010-10-29 695M USD Add-on Acquisition
Boulder, Colorado · www.elloraenergy.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Esso Norge AS    - Esso Norge AS - Retail Petrol Station Network 2017-02-07 1
Sandnes, Norway · www.exxonmobil.no Sandnes, Norway
ExxonMobil Energy Ltd.    - Castle Peak Power Co.,Ltd. 2014-05-12 1
Hong Kong, Hong Kong Hong Kong, Hong Kong
XTO Energy, Inc.    - Hassie Hunt Exploration Co. 2008-09-02 3
Forth Worth, Texas · www.xtoenergy.com Dallas, Texas
XTO Energy, Inc.    - Hassie Hunt Production Co. 2008-09-02 2
Forth Worth, Texas · www.xtoenergy.com Dallas, Texas
XTO Energy, Inc.    - Linn Energy LLC - Appalachian Properties 2008-07-01 1
Forth Worth, Texas · www.xtoenergy.com , Texas

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 7 (88%) 129.0B (100%) 1 (20%) 4.5B (89%)
Chemicals 1 (13%) - 1 (20%) -
Business Services - - 2 (40%) 258M (5%)
Energy Services and Equipment - - 1 (20%) 322M (6%)
Total 8 $129.0B 5 $5.1B

By Geo

State/Country Buy Value Sell Value
United States 6 124.3B 3 4.8B
  Texas 2 41.0B 1 4.5B
  Virginia 1 81.0B - -
  North Dakota 1 1.6B - -
  Colorado 1 695M - -
  New York - - 1 -
  Louisiana - - 1 322M
Canada 1 2.2B - -
  Alberta 1 2.2B - -
Hong Kong - - 1 258M
Singapore 1 2.5B - -
United Kingdom - - 1 -
Domestic 6 (75%) 124.3B (96%) 3 (60%) 4.8B (95%)
Cross-border 2 (25%) 4.7B (4%) 2 (40%) 258M (5%)
Total 8 $129.0B 5 $5.1B

Top M&A Advisors

Legal Deals
Davis Polk & Wardwell LLP
1
Blake, Cassels & Graydon LLP
1

Deal Values

buy # Total
> $1B 5 $128.3B
$100M to $1B 1 $695M
TOTAL $129.0B
Largest Mobil Corp.
$81.0B (1999-11-30)
sell # Total
> $1B 1 $4.5B
$100M to $1B 2 $580M
TOTAL $5.1B
Largest Exxon Mobil Corp. - Upstream Operations
$4.5B (2019-09-25)

M&A Connections

Deals %
Acquired from
PE Firm(s)
50%
1 50%
Strategic(s)
50%
1 50%
Divested to
Strategic(s)
100%
4 100%

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