Key Takeaways XOM's integrated model supports its strategy of sustainably increasing dividends across cycles.Record hydrocarbon output in Guyana and expanding Permian assets drive XOM's upstream growth.Downstream, chemicals and specialty products help stabilize XOM's earnings and cash flows.Exxon Mobil Corporation (XOM) , a leading global energy company, has an integrated business model with robust upstream operations as well as downstream and chemicals businesses. The integrated business model keeps its ea ...