Stratrix
On the Record · Exxon Mobil

Exxon Mobil acquisitions, on the record

The businesses Exxon Mobil bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Billings refinery and select midstream assets
Word for word“In October 2022, ExxonMobil and its affiliates reached an agreement with Par Pacific Holdings for the sale of the Billings Refinery and select midstream assets in Montana and Washington.” 10-K for 2022
agreed divestitureOctober 2022—
Italy fuels business
Word for word“In December 2022, ExxonMobil reached an agreement with Italiana Petroli to sell its interest in the Trecate Refinery joint venture, select midstream assets, and the fuels marketing business.” 10-K for 2022
agreed divestitureIn December 2022—
Esso Thailand
Word for word“In January 2023, ExxonMobil reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand, which includes the Sriracha Refinery, select distribution terminals, and a network of Esso-branded retail stations.” 10-K for 2022
agreed divestitureIn January 2023—
Materia
Word for word“In 2021, ExxonMobil completed the acquisition of Materia, a U.S.-based specialty chemical company.” 10-K for 2022
acquisitionIn 2021—
Mobil California Exploration and Producing Asset Company (United States)
Word for word“In August 2022, the Corporation executed an agreement for the sale of Mobil California Exploration and Producing Asset Company (United States), consisting of ExxonMobil's interest in the Aera Energy joint venture, to Green Gate Resources E, LLC.” 10-K for 2022
agreed divestitureIn August 2022—
Santa Ynez Unit and associated assets in California
Word for word“In November 2022, the Corporation executed an agreement for the sale of the Santa Ynez Unit and associated assets in California.” 10-K for 2022
agreed divestitureIn November 2022—
Denbury Inc.
Word for word“On November 2, 2023, the Corporation acquired Denbury, a developer of carbon capture, utilization and storage solutions and enhanced oil recovery producing assets.” 10-K for 2023
acquisitionNovember 2, 2023—
Billings Refinery and select midstream assets in Montana and Washington
Word for word“Billings divestment: In June 2023, ExxonMobil divested the Billings Refinery and select midstream assets in Montana and Washington.” 10-K for 2023
divestitureJune 2023—
Trecate Refinery joint venture, select midstream assets, and the fuels marketing business
Word for word“Italy Fuels divestment: In October 2023, ExxonMobil sold its interest in the Trecate Refinery joint venture, select midstream assets, and the fuels marketing business.” 10-K for 2023
divestitureOctober 2023—
Miro refinery
Word for word“Miro Refinery sale: In October 2023, ExxonMobil reached an agreement to sell its interest in the Miro refinery located in Karlsruhe, Germany, and we expect the transaction to close in 2024.” 10-K for 2023
agreed divestitureOctober 2023—
Pioneer Natural Resources Company
Word for word“On May 3, 2024, the Corporation acquired Pioneer Natural Resources Company (Pioneer), an independent oil and gas exploration and production company. ” 10-K for 2024
acquisitionMay 3, 2024—
Fos refinery and select midstream assets in France
Word for word“Fos-sur-Mer Refinery divestment: In October 2024, ExxonMobil divested the Fos refinery and select midstream assets in France.” 10-K for 2024
divestitureOctober 2024—
MiRO refinery interest in Karlsruhe, Germany
Word for word“MiRO Refinery sale: In October 2023, ExxonMobil reached an agreement to sell its interest in the MiRO refinery located in Karlsruhe, Germany.” 10-K for 2024
agreed divestitureOctober 2023—
Esso Société Anonyme Française SA and ExxonMobil Chemical France SAS
Word for word“France divestment: In November 2025, ExxonMobil completed the divestments of Esso Société Anonyme Française SA and ExxonMobil Chemical France SAS, including the refinery and related assets.” 10-K for 2025
divestitureIn November 2025—
Superior Graphite
Word for word“In 2025, ExxonMobil acquired key technology and assets from Superior Graphite.” 10-K for 2025
acquisitionIn 2025—

Deal filings since 2016

Read from Exxon Mobil’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.