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EX-99.1 - NEWS RELEASE - EXXON MOBIL CORPf8k2q991.htm
8-K - FORM 8-K - EXXON MOBIL CORPr8k072916.htm

 

EXXON MOBIL CORPORATION

 

 

 

EXHIBIT 99.2

 

2Q16 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4)

  

   

 

 

 

 

 

 

 

Earnings, $M

2Q16

1Q16

4Q15

3Q15

2Q15

Upstream

 

 

 

 

 

 

United States

 

(514)

(832)

(538)

(442)

(47)

 

Non-U.S.

 

808

756

1,395

1,800

2,078

 

Total

 

294

(76)

857

1,358

2,031

Downstream

 

 

 

 

 

 

United States

 

412

187

435

487

412

 

Non-U.S.

 

413

719

916

1,546

1,094

 

Total

 

825

906

1,351

2,033

1,506

Chemical

 

 

 

 

 

 

United States

 

509

581

520

526

735

 

Non-U.S.

 

708

774

443

701

511

 

Total

 

1,217

1,355

963

1,227

1,246

  

 

 

 

 

 

 

 

 

Corporate and financing

(636)

(375)

(391)

(378)

(593)

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

1,700

1,810

2,780

4,240

4,190

   

 

 

 

 

 

 

 

 

Earnings per common share (U.S. GAAP)  

0.41

0.43

0.67

1.01

1.00

Earnings per common share

 

 

 

 

 

 - assuming dilution (U.S. GAAP)

0.41

0.43

0.67

1.01

1.00

 

 

 

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

 

 

 

 

 

Upstream

 

 

 

 

 

 

United States

 

914

1,075

1,615

1,992

2,095

 

Non-U.S.

 

3,005

2,904

4,255

4,382

4,651

 

Total

 

3,919

3,979

5,870

6,374

6,746

Downstream

 

 

 

 

 

 

United States

 

227

189

236

242

266

 

Non-U.S.

 

415

339

543

344

361

 

Total

 

642

528

779

586

627

Chemical

 

 

 

 

 

 

United States

 

355

434

493

452

570

 

Non-U.S.

 

208

177

199

217

258

 

Total

 

563

611

692

669

828

Other

34

9

75

41

60

  

 

 

 

  

  

  

  

  

Total Capital and Exploration Expenditures

5,158

5,127

7,416

7,670

8,261

 

 

 

 

 

 

 

 

 

Exploration Expense Charged to Income, $M

 

 

 

 

 

 

Consolidated

 

- United States

35

108

60

45

40

 

 

 

- Non-U.S.

409

246

459

278

329

 

Non-consolidated - ExxonMobil share

- United States

-

-

9

-

-

 

 

 

- Non-U.S.

5

(10)

3

2

23

Exploration Expenses Charged to Income Included Above

449

344

531

325

392

 

 

 

 

 

 

 

 

 

Effective Income Tax Rate, %

40%

19%

13%

32%

45%

 

 

 

 

 

 

 

 

 

Common Shares Outstanding, millions

 

 

 

 

 

 

At quarter end

4,147

4,147

4,156

4,163

4,169

 

Average - assuming dilution

4,178

4,178

4,183

4,190

4,200

  

 

 

 

 

 

 

 

 

Total Cash and Cash Equivalents, $B1

4.4

4.8

3.7

4.3

4.4

 

 

 

 

 

 

 

 

 

Total Debt, $B

44.5

43.1

38.7

34.3

33.8

 

 

 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales, $B

 

 

 

 

 

 

Net cash provided by operating activities

4.5

4.8

4.3

9.2

8.8

 

Proceeds associated with asset sales

1.0

0.2

0.8

0.5

0.6

 

Cash flow from operations and asset sales

5.5

5.0

5.1

9.7

9.4

 

 

 

 

 

 

 

 

 

1 Includes restricted cash of $0.0B in 3Q15 through 2Q16 and $0.1B in 2Q15.

  

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

2Q16 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4)

 

  

 

 

 

 

 

 

 

Net production of crude oil, natural gas

2Q16

1Q16

4Q15

3Q15

2Q15

liquids, bitumen and synthetic oil, kbd

 

 

 

 

 

 

United States

 

495

500

494

468

468

 

Canada / South America

 

359

476

452

425

364

 

Europe

 

201

218

222

197

199

 

Africa

 

494

565

543

531

522

 

Asia

 

724

726

722

651

685

 

Australia / Oceania

 

57

53

48

59

53

Total liquids production

2,330

2,538

2,481

2,331

2,291

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

 

 

 

 

 

 

United States

 

3,097

3,160

3,123

3,094

3,153

 

Canada / South America

 

257

258

241

229

262

 

Europe

 

1,749

2,775

2,504

1,495

1,718

 

Africa

 

7

2

4

7

8

 

Asia

 

3,819

3,794

4,103

3,910

4,265

 

Australia / Oceania

 

833

735

628

789

722

Total natural gas production available for sale

9,762

10,724

10,603

9,524

10,128

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

3,957

4,325

4,248

3,918

3,979

 

 

 

 

 

 

 

 

 

Refinery throughput, kbd

 

 

 

 

 

 

 

United States

 

1,555

1,602

1,649

1,681

1,702

 

Canada

 

246

398

390

391

373

 

Europe

 

1,462

1,269

1,483

1,504

1,524

 

Asia Pacific

 

718

729

679

687

539

 

Other Non-U.S.

 

171

187

194

194

192

Total refinery throughput

 

4,152

4,185

4,395

4,457

4,330

 

 

 

 

 

 

 

 

 

Petroleum product sales, kbd

 

 

 

 

 

 

 

United States

 

2,228

2,218

2,416

2,509

2,548

 

Canada

 

479

476

472

501

486

 

Europe

 

1,561

1,429

1,530

1,549

1,555

 

Asia Pacific

 

760

766

758

781

695

 

Other Non-U.S.

 

472

445

503

448

453

Total petroleum product sales

 

5,500

5,334

5,679

5,788

5,737

 

 

 

 

 

 

 

 

 

 

Gasolines, naphthas

 

2,266

2,211

2,330

2,382

2,376

 

Heating oils, kerosene, diesel

 

1,752

1,699

1,921

1,908

1,874

 

Aviation fuels

 

386

402

403

433

404

 

Heavy fuels

 

367

386

368

372

377

 

Specialty products

 

729

636

657

693

706

Total petroleum product sales

 

5,500

5,334

5,679

5,788

5,737

 

 

 

 

 

 

 

 

 

Chemical prime product sales, kt

 

 

 

 

 

 

United States

 

2,447

2,400

2,565

2,377

2,401

 

Non-U.S.

 

3,863

3,773

3,919

3,705

3,677

Total chemical prime product sales

6,310

6,173

6,484

6,082

6,078

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

2Q16 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

2Q16 vs. 2Q15

 

2Q16 vs. 1Q16

 

Upstream

 

 

 

 

 

Prior Period

2,031

 

-76

 

 

 

Realization

-2,240

 

960

 

 

 

Volume / Mix

50

 

-280

 

 

 

Other

450

 

-310

 

 

Current Period

294

 

294

 

Downstream

 

 

 

 

 

Prior Period

1,506

 

906

 

 

 

Margin

-850

 

80

 

 

 

Volume / Mix

130

 

20

 

 

 

Other

40

 

-180

 

 

Current Period

825

 

825

 

Chemical

 

 

 

 

 

Prior Period

1,246

 

1,355

 

 

 

Margin

150

 

-90

 

 

 

Volume / Mix

70

 

20

 

 

 

Other

-250

 

-70

 

 

Current Period

1,217

 

1,217

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, koebd

 

 

 

 

 

Prior Period

3,979

 

4,325

 

 

 

Entitlements - Net Interest

7

 

5

 

 

 

Entitlements - Price / Spend / Other

9

 

-50

 

 

 

Quotas

-

 

-

 

 

 

Divestments

-39

 

-5

 

 

 

Growth / Other

1

 

-318

 

 

Current Period

3,957

 

3,957

 

 

 

 

 

 

 

 

Sources and Uses of Funds, $B

2Q16

 

 

 

 

Beginning Cash

4.8

 

 

 

 

 

Earnings

1.7

 

 

 

 

 

Depreciation

4.8

 

 

 

 

 

Working Capital / Other

-2.0

 

 

 

 

 

Proceeds Associated with Asset Sales

1.0

 

 

 

 

 

PP&E Adds / Investments and Advances 1

-4.1

 

 

 

 

 

Shareholder Distributions

-3.1

 

 

 

 

 

Debt / Other Financing

1.3

 

 

 

 

Ending Cash

4.4

 

 

 

 

 

 

 

 

 

 

 

1 PP&E Adds / Investments and Advances includes PP&E adds of ($4.3B) and net advances of $0.2B.

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

 

2Q16 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4)

 

 

  

 

 

 

 

 

Average Realization Data

2Q16

1Q16

4Q15

3Q15

2Q15

United States

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

37.97

27.11

34.36

41.95

54.06

 

 

Natural Gas ($/kcf)

1.74

1.60

1.80

2.40

2.31

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

WTI ($/b)

45.48

33.27

42.10

46.37

57.84

 

 

ANS-WC ($/b)

45.71

33.76

43.67

51.44

62.65

 

 

Henry Hub ($/mbtu)

1.95

2.09

2.27

2.77

2.65

 

 

 

 

 

 

 

 

Non-U.S.

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

41.46

28.67

36.99

44.91

57.63

 

 

Natural Gas ($/kcf)

4.06

4.80

5.80

6.29

6.49

 

 

European NG ($/kcf)

4.35

5.05

6.11

6.67

7.06

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

Brent ($/b)

45.57

33.89

43.69

50.26

61.92

 

 

 

 

 

 

 

 

The above numbers reflect ExxonMobil’s current estimate of volumes and realizations given data available as of the end of the second quarter of 2016.  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.