Overview
Description
Exxon Mobil Corporation CEDEAR is an Argentine negotiable certificate that represents an interest in the U.S.-listed shares of Exxon Mobil Corporation, allowing local investors to access the company in Argentine pesos through the domestic market. It mirrors the economic performance of the underlying U.S. equity subject to the CEDEAR’s specific ratio, local pricing, and currency dynamics. Exxon Mobil Corporation is a large integrated energy company spanning upstream oil and natural gas production, downstream refining and fuels, and chemicals, complemented by initiatives in lower‑emissions technologies such as carbon capture, hydrogen, and biofuels. Through this instrument, investors gain exposure to global energy supply chains, petrochemicals, and lubricants—industries central to transportation, manufacturing, and consumer products. The CEDEAR structure also serves as a vehicle for geographic and currency diversification within the Argentine market, linking domestic trading to the performance of a major international company. As a receipt backed by foreign shares, it plays a role in facilitating cross‑border access and expanding the local market’s range of large‑cap, energy‑sector exposure.
About
CEO
Mr. Darren W. Woods
Employees
61000
Address
22777 Springwoods Village Parkway
Spring, 77389-1425, TX
United States
Spring, 77389-1425, TX
United States
Phone
972-940-6000
Website
Instrument type
Depositary receipt
Sector
Energy
Industry
Oil & Gas Integrated
Country
Argentina
MIC code
XBUE