The Story Behind ExxonMobil's 135 Year History

Author:
Publish date:
Video Duration:
0

Exxon Mobil Corporation a.k.a. ExxonMobil (XOM) - Get Report , is the direct descendant of Standard Oil. It was established by John D. Rockefeller.

Rockefeller was an American oil tycoon and, at that time, the richest person in history. Here's how he created the company we know today:

ExxonMobil History and Heritage

1870. John D. Rockefeller establish Standard and Oil

1882. Thomas Edison uses Standard and Oil to lubricate his first central generating system

1885. Headquarters moves to New York City

1911. Standard Oil breaks into many companies

1926. A new blend of oil created under the Esso Brand

1928. Amelia Earhart uses MobilOil for her historic flight

1959. "Put a tiger in your tank" is the new advertising slogan

1989. The Exxon Valdez incident

2002. Global Climate and Energy Project launches

For more on the company's history, watch the video above from TheStreet's new video series 'Behind the Label'.

How Did ExxonMobil Get its Name?

Well, there were a series of mergers that all let to 1999.

It was that year that the Exxon Corporation joined with Mobil Oil Corporation to form Exxon Mobil Corporation.

As you can imagine, all of these changes also meant a lot of changes to trademarks and advertising campaigns. 

In 1869 there was a Gargoyle.

Then, in 1991 there was a red flying horse. The Pegasus a symbol of power and speed was adopted as the company's trademark. 

And, of course, many of us remember the Tiger. It first appeared in the early 20th century and then reared it's head in the 50's. You might remember that familiar saying 'Put a tiger in your tank'.

Related. Stick to Larger E&P Outfits for an Oil Play, Plus a Trade on PLNT: Market Recon

Who is ExxonMobil's Competition?
Exxon trades on the NYSE under (XOM) - Get Report . The leading oil company is now headquartered in Texas. It's competitors includes Chevron Corporation (CVX) - Get Report , Valero VLO and BP (BP) - Get Report .

Want to find out which stocks are in Jim Cramer's Action Alerts Plus Portfolio? Click here.

Watch TheStreet's Behind the Label video series | More videos on our Youtube Channel