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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Exxon Mobil
Ownership Structure: publicly traded (ticker symbol NYSE: XOM)
Headquartered in: Texas
Major Industry: oil and gas
Specific Industry: oil & gas
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $1,906,554,975 | 152 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $1,906,554,975 | 152 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $5,352,968,000 | 13 |
TOTAL | $5,352,968,000 | 13 |
Time Period for State and Local Awards: Earliest year of data: 1983. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
For an overview of this company's accountability track record, read its Corporate Rap Sheet
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Texas | $1,355,936,573 | 14 |
Louisiana | $509,806,713 | 91 |
Alaska | $13,126,240 | 5 |
Illinois | $11,681,095 | 8 |
New Jersey | $5,139,428 | 1 |
All other | $10,864,926 | 33 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Exxon Company USA | Alaska | state | 1983 | $6,197,625 | | tax credit/rebate |
Exxon Company USA | Alaska | state | 1984 | $1,367,738 | | tax credit/rebate |
Exxon Company USA | Alaska | state | 1984 | $5,119,500 | | tax credit/rebate |
Exxon Chemical Licensing Co. | West Virginia | state | 2007 | undisclosed | | tax credit/rebate |
Exxon Capital Ventures, Inc. | United States | federal | 2010 | | $300,000,000 | federal tax-exempt bond |
Exxon Capital Ventures, Inc. | United States | federal | 2010 | | $200,000,000 | federal tax-exempt bond |
Exxon Mobil Corporation | Texas | local | 2017 | $49,702,211 | | property tax abatement |
Denbury Resources Inc. | Mississippi | state | 2009 | $23,321 | | training reimbursement |
Denbury Resources Inc. | Mississippi | state | 2009 | $68,235 | | training reimbursement |
Denbury Resources Inc. | Mississippi | state | 2010 | $38,593 | | training reimbursement |
Denbury Resources Inc. | Mississippi | state | 2010 | $28,000 | | training reimbursement |
Denbury Resources Inc. | Mississippi | state | 2010 | $72,149 | | training reimbursement |
Denbury Resources Inc. | Mississippi | state | 2011 | $17,716 | | training reimbursement |
DENBURY ONSHORE, LLC, a Delaware limited liability company | Texas | local | 2011 | undisclosed | | grant |
DENBURY ONSHORE, LLC, a Delaware limited liability company | Texas | local | 2011 | undisclosed | | grant |
Denbury Onshore, LLC | Louisiana | state | 2009 | $988,406 | | tax credit/rebate |
Denbury Onshore, LLC | Louisiana | state | 2010 | $1,017,019 | | tax credit/rebate |
Denbury Onshore, LLC | Louisiana | state | 2012 | $187,684 | | enterprise zone |
Denbury Onshore, LLC | Louisiana | local | 2017 | $12,615,120 | | property tax abatement |
Denbury Onshore, LLC | Texas | state | 2013 | undisclosed | | enterprise zone |
Denbury Onshore LLC | Illinois | state | 2009 | $321,000 | | grant |
Denbury | Mississippi | state | 2009 | $24,243 | | training reimbursement |
Baton Rouge Propylene Concentrator | Louisiana | state | 2010 | $21,316 | | property tax abatement |
Baton Rouge Propylene Concentrator | Louisiana | state | 2011 | $41,538 | | property tax abatement |
Baton Rouge Propylene Concentrator | Louisiana | state | 2012 | $10,542 | | property tax abatement |
Baton Rouge Propylene Concentrator | Louisiana | state | 2013 | $120,398 | | property tax abatement |
Baton Rouge Propylene Concentrator | Louisiana | state | 2015 | $23,201 | | property tax abatement |