Is ExxonMobil a millionaire maker?

ExxonMobil (NYSE: XOM) is among the largest energy companies in the world. Whether it uses the Exxon, Mobil or Esso nameplate, there’s probably an ExxonMobil gas station somewhere near you. But being big and well known isn’t enough to make a stock millionaire. Here’s what investors need to understand before buying ExxonMobil.

ExxonMobil has a market capitalization of about $500 billion. That’s a big number for any company and certainly puts Exxon in the top tier of the energy sector. In particular, the company’s business spans the entire energy sector, including upstream (oil and natural gas production), midstream (pipelines) and downstream (chemicals and refining) segments.

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