Mobil Corporation - MOB- Profile

Mobil Corporation operates primarily in the petroleum industry. It has oil and gas operations worldwide, a global marketing and refining complex, a network of pipelines and tankers linking this together and a highly sophisticated research and engineering operation. The company is also a manufacturer and marketer of petrochemicals, plastics and specialty chemical products. Through its subsidiaries, the company has business interests in about 140 countries. It also entered into an agreement to a merger transaction with Exxon Corporation in 1998. Marketing and refining accounted for 83% of 1998 revenues; exploration and producing, 11%; chemical, 5% and corporate and other, 1%.