COVID Stimulus Watch Individual Entry

Recipient Company:

Exxon Mobil Corporation

Loan or Loan Guarantee Amount:

$2,574,048

Recipient Details

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

Award Date: Jun 28, 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:

Parent Company: Exxon Mobil

Headquartered in: Texas

Parent Sector: oil and gas

Parent Industry: oil & gas

Employees (prior to pandemic): 74,900

Employment-related Penalties: $2,367,963

Government-contracting-related Penalties: $33,090,000

Environmental / Healthcare / Safety Penalties: $945,481,309

Consumer Protection / Financial / Competition-related Penalties: $2,000,000

Ratio of CEO Pay to that of Median Worker: 135 to 1

CEO Compensation: $23,529,292

Worker Median Pay: $173,712

Total Federal, State, and Local Subsidies: $872,440,923

Federal Corporate Income Tax Rate: 9.0%