Exxon Mobil (NYSE:XOM) is the world’s largest independent oil and gas exploration and production company. The gargantuan size of the company comprises of a mix of its own extensive operations spread across the world, along with its equity investments in various global affiliates.
Below we take a brief look at Exxon’s equity investments and their value to the company’s stock. The company competes with other industry giants like BP (NYSE:BP), Chesapeake (NYSE:CHK), Anadarko (NYSE:APC), ConocoPhillips (NYSE: COP) and Chevron (NYSE:CVX).