Standard Oil Co. - Specimen Stock Certificate - Standard Oil of New Jersey

Specimen Stock printed by American Bank Note Company. In April 1973, Exxon established Solar Power Corporation as a wholly owned subsidiary dedicated to manufacturing terrestrial photovoltaic cells. However, following an oil glut in the 1980s, an internal Exxon report projected that solar energy would not become viable until around 2012 or 2013. Consequently, Exxon sold Solar Power Corporation in 1984.

Exxon's predecessor, Jersey Standard, ventured into the nuclear industry in the late 1960s. In 1969, it founded Jersey Nuclear Company, which was later renamed Exxon Nuclear Company. This subsidiary focused on manufacturing and marketing uranium fuel produced from uranium concentrates sourced from Humble Oil's mineral department, later known as Exxon Minerals Company. Jersey Nuclear established a nuclear fuel manufacturing facility in Richland, Washington, in 1970, which is now owned by Framatome. The company also engaged in uranium ore mining, including surface mining in Converse County, Wyoming, in 1970, solution mining in 1972, and underground mining in 1977. Uranium ore processing began in 1972, but the facility was closed in 1984.