v3.26.1
Basis of Financial Statement Preparation
6 Months Ended
Jun. 30, 2026
Basis Of Financial Statement Preparation [Abstract]  
Basis of Financial Statement Preparation Note 1. Basis of Financial Statement Preparation
On July 1, 2026, Exxon Mobil Corporation, a New Jersey corporation ("EMC"), completed its previously announced
redomiciliation reorganization (the "Redomiciliation Merger"), pursuant to which ExxonMobil Holdings Corporation, a Texas
corporation ("EMHC"), became the publicly traded parent company of the ExxonMobil consolidated group. The
Redomiciliation Merger became effective on July 1, 2026.
At the effective time of the Redomiciliation Merger, each outstanding share of EMC common stock, without par value, was
automatically exchanged for one share of EMHC common stock with a par value of $0.001 per share, and former EMC
shareholders became shareholders of EMHC holding the same number and percentage ownership interests immediately
following the transaction. EMHC replaced EMC as the publicly held corporation traded on the New York Stock Exchange
under the ticker symbol "XOM" and became the successor registrant of EMC's common stock pursuant to Rule 12g-3(a) under
the Securities Exchange Act of 1934.
As of the effective time of the Redomiciliation Merger, the rights of EMHC shareholders are governed by the Texas Business
Organizations Code and the governing organizational documents of EMHC. Prior to the Redomiciliation Merger, shareholder
rights were governed by the New Jersey Business Corporation Act and EMC's governing organizational documents.
Unless otherwise indicated, references herein to "ExxonMobil," the "Corporation," "we," "our," and "us" refer to the
ExxonMobil consolidated group, which was headed by EMC through June 30, 2026, and by EMHC thereafter. The
accompanying Condensed Consolidated Financial Statements reflect periods prior to the completion of the Redomiciliation
Merger. The Redomiciliation Merger did not change the Corporation's consolidated business, operations, assets, liabilities, or
financial reporting basis.
These unaudited Condensed Consolidated Financial Statements should be read in the context of the Consolidated Financial
Statements and notes thereto filed with the Securities and Exchange Commission in the Corporation's 2025 Annual Report on
Form 10-K. In the opinion of the Corporation, the information furnished herein reflects all known accruals and adjustments
necessary for a fair statement of the results for the periods reported herein. All such adjustments are of a normal recurring
nature.
The Corporation's exploration and production activities are accounted for under the "successful efforts" method.