v3.25.4
Equity Company Information
12 Months Ended
Dec. 31, 2025
Equity Method Investment, Financial Statement, Reported Amounts [Abstract]  
Equity Company Information
Note 8. Equity Company Information
The summarized financial information below includes amounts related to certain less-than-majority-owned companies and majority-owned subsidiaries where minority shareholders possess the right to participate in significant management decisions (see Note 1). These companies are primarily engaged in oil and gas exploration and production, natural gas marketing, transportation of crude oil, and petrochemical manufacturing in North America; natural gas production and distribution in Europe; LNG operations in Africa; and exploration, production, LNG operations, and the manufacture and sale of petroleum and petrochemical products in Asia and the Middle East. Also included are several refining and marketing ventures.
The share of total equity company revenues from sales to ExxonMobil consolidated companies was 10 percent, 9 percent, and 9 percent in 2025, 2024, and 2023, respectively.
The Corporation’s ownership in these ventures is in the form of shares in corporate joint ventures as well as interests in partnerships. Differences between the Company’s carrying value of an equity investment and its underlying equity in the net assets of the affiliate are assigned, to the extent practicable, to specific assets and liabilities based on the Company’s analysis of the factors giving rise to the difference. The amortization of this difference, as appropriate, is included in “Income from equity affiliates” on the Consolidated Statement of Income.
Equity Company
Financial Summary
(millions of dollars)
202520242023
TotalExxonMobil
Share
TotalExxonMobil ShareTotalExxonMobil
Share
 
Total revenues111,193 34,309 117,036 35,532 132,783 40,682 
Income before income taxes26,493 7,106 33,357 9,304 35,999 10,078 
Income taxes8,174 2,054 11,434 3,209 11,404 3,085 
Income from equity affiliates18,319 5,052 21,923 6,095 24,595 6,993 
Current assets46,577 16,738 50,779 18,286 53,081 18,713 
Long-term assets138,809 37,398 145,671 39,092 150,198 40,986 
Total assets185,386 54,136 196,450 57,378 203,279 59,699 
Current liabilities28,135 8,947 26,786 8,699 30,721 9,652 
Long-term liabilities47,301 14,361 55,218 16,484 57,237 17,059 
Net assets109,950 30,828 114,446 32,195 115,321 32,988 
A list of significant equity companies as of December 31, 2025, together with the Corporation’s percentage ownership interest, is detailed below:
 Percentage Ownership Interest
Upstream 
Barzan Gas Company Limited7
BEB Erdgas und Erdoel GmbH & Co. KG50
Caspian Pipeline Consortium8
Coral FLNG S.A.25
Cross Timbers Energy LLC50
GasTerra B.V.25
Golden Pass LNG Terminal LLC30
Golden Pass Pipeline LLC30
Marine Well Containment Company LLC13
Mozambique Rovuma Venture S.p.A.36
Nederlandse Aardolie Maatschappij B.V.50
Papua New Guinea Liquefied Natural Gas Global Company LDC33
Permian Highway Pipeline LLC17
QatarEnergy LNG N (2)24
QatarEnergy LNG NFE (3)25
QatarEnergy LNG S (2)31
QatarEnergy LNG S (3)30
South Hook LNG Terminal Company Limited24
Tengizchevroil LLP25
Energy Products, Chemical Products, and/or Specialty Products
Al-Jubail Petrochemical Company50
Alberta Products Pipe Line Ltd.45
Fujian Refining & Petrochemical Co. Ltd.25
Gulf Coast Growth Ventures LLC50
Infineum USA L.P.50
Permian Express Partners LLC12
Saudi Aramco Mobil Refinery Company Ltd.50
Saudi Yanbu Petrochemical Co.50