COVID Stimulus Watch Individual Entry

Recipient Company:
Exxon Mobil Corp
Loan or Loan Guarantee Amount:
$2,195,420

Recipient Details

Ownership Structure: publicly traded (ticker symbol NYSE: XOM)

Award Details

Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Exxon Mobil
Headquartered in: Texas
Parent Sector: oil and gas
Parent Industry: oil & gas
Employees (prior to pandemic): 74,900

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $2,367,963
Contracting icon
Government-contracting-related Penalties: $33,090,000
Environment icon
Environmental / Healthcare / Safety Penalties: $945,481,309
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $2,000,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 135 to 1
CEO Compensation: $23,529,292
Worker Median Pay: $173,712
Tax icon
Total Federal, State, and Local Subsidies: $872,440,923
Federal Corporate Income Tax Rate: 9.0%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues