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EX-99.1 - EXXON MOBIL CORPf8k1q991.htm
8-K - EXXON MOBIL CORPr8k042612.htm



EXHIBIT 99.2

EXXON MOBIL CORPORATION

 

 

 

 

 

 

1Q12 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4)

 

Earnings, $M

1Q12

4Q11

3Q11

2Q11

1Q11

Upstream

  United States

1,010 

1,184 

1,184 

1,449 

1,279 

  Non-U.S.

6,792 

7,645 

7,210 

7,092 

7,396 

  Total

7,802 

8,829 

8,394 

8,541 

8,675 

Downstream

  United States

603 

30 

810 

734 

694 

  Non-U.S.

983 

395 

769 

622 

405 

  Total

1,586 

425 

1,579 

1,356 

1,099 

Chemical

  United States

433 

383 

538 

625 

669 

  Non-U.S.

268 

160 

465 

696 

847 

  Total

701 

543 

1,003 

1,321 

1,516 

 

 

 

 

 

 

Corporate and financing

(639)

(397)

(646)

(538)

(640)

Net income attributable to ExxonMobil (U.S. GAAP)

9,450 

9,400 

10,330 

10,680 

10,650 

Earnings per common share (U.S. GAAP)

2.00 

1.97 

2.13 

2.19 

2.14 

Earnings per common share

 - assuming dilution (U.S. GAAP)

2.00 

1.97 

2.13 

2.18 

2.14 

 

 

 

 

 

 

Special Items, $M

Upstream

  United States

  Non-U.S.

  Total

Downstream

  United States

  Non-U.S.

  Total

Chemical

  United States

  Non-U.S.

  Total

 

 

 

 

 

 

Corporate and financing

Corporate total

 

Earnings Excluding Special Items, $M

Upstream

  United States

1,010 

1,184 

1,184 

1,449 

1,279 

  Non-U.S.

6,792 

7,645 

7,210 

7,092 

7,396 

  Total

7,802 

8,829 

8,394 

8,541 

8,675 

Downstream

 

 

 

 

 

  United States

603 

30 

810 

734 

694 

  Non-U.S.

983 

395 

769 

622 

405 

  Total

1,586 

425 

1,579 

1,356 

1,099 

Chemical

  United States

433 

383 

538 

625 

669 

  Non-U.S.

268 

160 

465 

696 

847 

  Total

701 

543 

1,003 

1,321 

1,516 

 

 

 

 

 

 

Corporate and financing

(639)

(397)

(646)

(538)

(640)

Corporate total

9,450 

9,400 

10,330 

10,680 

10,650 

EPS excluding Special Items - assuming dilution

2.00 

1.97 

2.13 

2.18 

2.14 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

1Q12 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4)

 

Supplemental Information (continued)

 

 

 

 

 

 

Net production of crude oil and

1Q12

4Q11

3Q11

2Q11

1Q11

natural gas liquids, kbd

  United States

426 

432 

405 

429 

428 

  Canada/South America

248 

247 

256 

240 

262 

  Europe

228 

257 

247 

273 

306 

  Africa

464 

468 

481 

522 

561 

  Asia

802 

800 

806 

834 

792 

  Australia/Oceania

46 

46 

54 

53 

50 

Total liquids production

2,214 

2,250 

2,249 

2,351 

2,399 

 

 

 

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

  United States

3,932 

4,005 

3,917 

3,842 

3,904 

  Canada/South America

377 

400 

381 

397 

468 

  Europe

4,447 

3,866 

2,471 

2,694 

4,783 

  Africa

12 

  Asia

5,011 

5,103 

5,036 

4,961 

5,089 

  Australia/Oceania

257 

295 

387 

365 

275 

Total natural gas production available for sale

14,036 

13,677 

12,197 

12,267 

14,525 

 

 

 

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

4,553 

4,530 

4,282 

4,396 

4,820 

 

 

 

 

 

 

Refinery throughput, kbd

  United States

1,825 

1,839 

1,743 

1,783 

1,771 

  Canada

438 

433 

436 

397 

452 

  Europe

1,481 

1,526 

1,535 

1,602 

1,446 

  Asia Pacific

1,296 

1,157 

1,231 

1,109 

1,223 

  Other Non-U.S.

290 

295 

287 

302 

288 

Total refinery throughput

5,330 

5,250 

5,232 

5,193 

5,180 

 

 

 

 

 

 

Petroleum product sales, kbd

  United States

2,473 

2,579 

2,577 

2,488 

2,475 

  Canada

423 

463 

469 

441 

447 

  Europe

1,564 

1,592 

1,623 

1,634 

1,533 

  Asia Pacific

1,232 

1,221 

1,237 

1,140 

1,218 

  Other Non-U.S.

624 

638 

652 

628 

594 

Total petroleum product sales

6,316 

6,493 

6,558 

6,331 

6,267 

 

 

 

 

 

 

  Gasolines, naphthas

2,522 

2,626 

2,568 

2,498 

2,470 

  Heating oils, kerosene, diesel

2,096 

2,080 

2,013 

1,949 

2,034 

  Aviation fuels

458 

492 

532 

481 

464 

  Heavy fuels

505 

568 

628 

601 

555 

  Specialty products

735 

727 

817 

802 

744 

Total petroleum product sales

6,316 

6,493 

6,558 

6,331 

6,267 

 

 

 

 

 

 

Chemical prime product sales, kt

  United States

 2,365 

 2,392 

 2,280 

 2,303 

 2,275 

  Non-U.S.

3,972 

3,879 

3,952 

3,878 

4,047 

Total chemical prime product sales

 6,337 

 6,271 

 6,232 

 6,181 

 6,322 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

1Q12 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

Supplemental Information (continued)

 

 

 

 

 

 

Average Realization Data

1Q12

4Q11

3Q11

2Q11

1Q11

United States

  ExxonMobil

    Crude ($/b)

105.68

102.63

95.58

105.27

92.55

    Natural Gas ($/kcf)

2.74

3.44

4.14

4.20

3.99

 

 

 

 

 

 

  Benchmarks

    WTI ($/b)

102.99

94.07

89.70

102.44

93.98

    ANS-WC ($/b)

118.31

110.36

111.74

115.41

102.53

    Henry Hub ($/mbtu)

2.72

3.54

4.20

4.32

4.11

 

 

 

 

 

 

Non-U.S.

  ExxonMobil

    Crude ($/b)

114.27

106.10

107.32

112.05

100.75

    Natural Gas ($/kcf)

9.44

9.18

8.28

8.31

8.17

    European NG ($/kcf)

10.11

10.18

9.47

9.80

9.19

 

 

 

 

 

 

  Benchmarks

    Brent ($/b)

118.49

109.31

113.46

117.36

104.97

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

Upstream

  United States

 2,422 

 2,414 

 2,172 

 4,075 

 2,080 

  Non-U.S.

5,657 

6,589 

5,580 

5,361 

4,820 

  Total

 8,079 

 9,003 

 7,752 

 9,436 

 6,900 

Downstream

  United States

 110 

 152 

 135 

 114 

 117 

  Non-U.S.

329 

493 

406 

370 

333 

  Total

 439 

 645 

 541 

 484 

 450 

Chemical

  United States

 74 

 93 

 76 

 65 

 56 

  Non-U.S.

239 

235 

245 

287 

393 

  Total

 313 

 328 

 321 

 352 

 449 

Other

 3 

 43 

 6 

 34 

 22 

 

 

 

 

 

 

Total Capital and Exploration Expenditures

 8,834 

 10,019 

 8,620 

 10,306 

 7,821 

 

 

 

 

 

 

Exploration Expense Charged to Income, $M

  Consolidated - United States

103 

88 

68 

49 

63 

                        - Non-U.S.

417 

332 

657 

543 

270 

  Non-consolidated - ExxonMobil share - United States

                                                               - Non-U.S.

Exploration Expenses Charged to Income Included Above

527 

432 

728 

598 

335 

 

 

 

 

 

 

Effective Income Tax Rate, %

49%

47%

47%

45%

47%

 

 

 

 

 

 

Common Shares Outstanding (millions)

  At quarter end

 4,676 

 4,734 

 4,793 

 4,862 

 4,926 

  Average - assuming dilution

 4,716 

 4,775 

 4,843 

 4,912 

 4,971 

 

 

 

 

 

 

Total Cash, Cash Equivalent and Marketable Securities ($G)1

19.1 

13.1 

11.3 

10.3 

13.2 

 

 

 

 

 

 

Total Debt ($G)2

15.7 

17.0 

16.8 

16.5 

15.9 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales ($G)

  Net cash provided by operating activities

 19.3 

 10.7 

 14.9 

 12.9 

 16.9 

  Proceeds associated with asset sales

2.5 

6.9 

1.4 

1.5 

1.3 

  Cash flow from operations and asset sales

 21.8 

 17.6 

 16.3 

 14.4 

 18.2 

 

 

 

 

 

 

The above numbers reflect ExxonMobil's current estimate of volumes and realizations given data available as of the end of

the first quarter of 2012.  Volumes and realizations may be adjusted when full statements on joint venture operations

are received from outside operators.  ExxonMobil management assumes no duty to update these estimates.

1 Includes restricted cash of $0.5G in 1Q12, $0.4G in 4Q11, $0.2G in 3Q11, $0.2G in 2Q11, and $0.4G in 1Q11

2 Excludes debt of $0.8 billion in 1Q12 classified as liabilities associated with assets held for sale

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

1Q12 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4)

 

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

1Q12 vs. 1Q11

1Q12 vs. 4Q11

 

 

 

Upstream

  Prior Period

8,675

8,829

 

 

 

    Realization

980

140

 

 

 

    Volume/Mix

-850

100

 

 

 

    Other

-1,000

-1,270

 

 

 

  Current Period

7,802

7,802

 

 

 

Downstream

  Prior Period

1,099

425

 

 

 

    Margin

-40

840

 

 

 

    Volume/Mix

210

-70

 

 

 

    Other

320

390

 

 

 

  Current Period

1,586

1,586

 

 

 

Chemical

  Prior Period

1,516

543

 

 

 

    Margin

-520

50

 

 

 

    Volume/Mix

0

60

 

 

 

    Other

-300

50

 

 

 

  Current Period

701

701

 

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, KOEBD

  Prior Period

4,820

4,530

 

 

 

    Entitlements

-149

-52

 

 

 

    Quotas

12

0

 

 

 

    Divestments

-72

-44

 

 

 

    Net Growth

-58

119

 

 

 

  Current Period

4,553

4,553

 

 

 

 

 

 

 

 

 

Sources and Uses of Funds ($G)

1Q12

 

 

 

 

  Beginning Cash

13.1

 

 

 

 

    Earnings

9.5

 

 

 

 

    Depreciation

3.8

 

 

 

 

    Working Capital / Other

6.0

 

 

 

 

    Proceeds Associated with Asset Sales

2.5

 

 

 

 

    Additions to PP&E

-7.8

 

 

 

 

    Shareholder Distributions

-7.2

 

 

 

 

    Additional Financing / Investing

-0.8

 

 

 

 

  Ending Cash

19.1

 

 

 

 

 

 

 

 

 

 

Notes:

Earnings exclude special items, if applicable.

The 1Q12 beginning and ending balances include restricted cash of $0.4G and $0.5G, respectively.

The 1Q12 ending balance includes cash on deposit for potential asset sales.