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EX-99.1 - NEWS RELEASE - EXXON MOBIL CORPf8k1q991.htm
8-K - FORM 8-K - EXXON MOBIL CORPr8k042817.htm

 

EXXON MOBIL CORPORATION

 

 

 

EXHIBIT 99.2

 

1Q17 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4)

  

   

 

 

 

 

 

 

 

Earnings, $M

1Q17

4Q16

3Q16

2Q16

1Q16

Upstream

 

 

 

 

 

 

United States

 

(18)

(2,328)

(477)

(514)

(832)

 

Non-U.S.

 

2,270

1,686

1,097

808

756

 

Total

 

2,252

(642)

620

294

(76)

Downstream

 

 

 

 

 

 

United States

 

292

270

225

412

187

 

Non-U.S.

 

824

971

1,004

413

719

 

Total

 

1,116

1,241

1,229

825

906

Chemical

 

 

 

 

 

 

United States

 

529

352

434

509

581

 

Non-U.S.

 

642

520

737

708

774

 

Total

 

1,171

872

1,171

1,217

1,355

  

 

 

 

 

 

 

 

 

Corporate and financing

(529)

209

(370)

(636)

(375)

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

4,010

1,680

2,650

1,700

1,810

   

 

 

 

 

 

 

 

 

Earnings per common share (U.S. GAAP)  

0.95

0.41

0.63

0.41

0.43

Earnings per common share

 

 

 

 

 

 - assuming dilution (U.S. GAAP)

0.95

0.41

0.63

0.41

0.43

 

 

 

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

 

 

 

 

 

Upstream

 

 

 

 

 

 

United States

 

704

817

712

914

1,075

 

Non-U.S.

 

2,415

2,755

2,360

3,005

2,904

 

Total

 

3,119

3,572

3,072

3,919

3,979

Downstream

 

 

 

 

 

 

United States

 

205

231

192

227

189

 

Non-U.S.

 

340

472

397

415

339

 

Total

 

545

703

589

642

528

Chemical

 

 

 

 

 

 

United States

 

388

405

359

355

434

 

Non-U.S.

 

109

125

144

208

177

 

Total

 

497

530

503

563

611

Other

8

24

26

34

9

  

 

 

 

  

  

  

  

  

Total Capital and Exploration Expenditures

4,169

4,829

4,190

5,158

5,127

 

 

 

 

 

 

 

 

 

Exploration Expense Charged to Income, $M

 

 

 

 

 

 

Consolidated

 

- United States

34

42

35

35

108

 

 

 

- Non-U.S.

253

296

291

409

246

 

Non-consolidated - ExxonMobil share

- United States

-

-

-

-

-

 

 

 

- Non-U.S.

14

51

6

5

(10)

Exploration Expenses Charged to Income Included Above

301

389

332

449

344

 

 

 

 

 

 

 

 

 

Effective Income Tax Rate, %

38%

-92%

20%

40%

19%

 

 

 

 

 

 

 

 

 

Common Shares Outstanding, millions

 

 

 

 

 

 

At quarter end

4,237

4,148

4,147

4,147

4,147

 

Average - assuming dilution

4,223

4,176

4,178

4,178

4,178

  

 

 

 

 

 

 

 

 

Total Cash and Cash Equivalents, $B

4.9

3.7

5.1

4.4

4.8

 

 

 

 

 

 

 

 

 

Total Debt, $B

43.6

42.8

46.2

44.5

43.1

 

 

 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales, $B

 

 

 

 

 

 

Net cash provided by operating activities

8.2

7.4

5.3

4.6

4.8

 

Proceeds associated with asset sales

0.7

2.1

1.0

1.0

0.2

 

Cash flow from operations and asset sales

8.9

9.5

6.3

5.6

5.0

 

 

 

 

 

 

 

 

 

 

  

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

1Q17 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4)

 

  

 

 

 

 

 

 

 

Net production of crude oil, natural gas

1Q17

4Q16

3Q16

2Q16

1Q16

liquids, bitumen and synthetic oil, kbd

 

 

 

 

 

 

United States

 

513

496

484

495

500

 

Canada / South America

 

421

453

437

359

476

 

Europe

 

205

208

189

201

218

 

Africa

 

433

449

388

494

565

 

Asia

 

711

726

651

724

726

 

Australia / Oceania

 

50

52

62

57

53

Total liquids production

2,333

2,384

2,211

2,330

2,538

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

 

 

 

 

 

 

United States

 

3,011

2,997

3,058

3,097

3,160

 

Canada / South America

 

218

222

220

257

258

 

Europe

 

2,768

2,518

1,650

1,749

2,775

 

Africa

 

5

7

13

7

2

 

Asia

 

3,807

3,698

3,662

3,819

3,794

 

Australia / Oceania

 

1,099

982

998

833

735

Total natural gas production available for sale

10,908

10,424

9,601

9,762

10,724

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

4,151

4,121

3,811

3,957

4,325

 

 

 

 

 

 

 

 

 

Refinery throughput, kbd

 

 

 

 

 

 

 

United States

 

1,621

1,604

1,604

1,555

1,602

 

Canada

 

397

401

406

246

398

 

Europe

 

1,453

1,460

1,476

1,462

1,269

 

Asia Pacific

 

652

706

677

718

729

 

Other Non-U.S.

 

201

200

202

171

187

Total refinery throughput

 

4,324

4,371

4,365

4,152

4,185

 

 

 

 

 

 

 

 

 

Petroleum product sales, kbd

 

 

 

 

 

 

 

United States

 

2,155

2,227

2,327

2,228

2,218

 

Canada

 

494

499

511

479

476

 

Europe

 

1,536

1,535

1,553

1,561

1,429

 

Asia Pacific

 

708

719

721

760

766

 

Other Non-U.S.

 

502

526

473

472

445

Total petroleum product sales

 

5,395

5,506

5,585

5,500

5,334

 

 

 

 

 

 

 

 

 

 

Gasolines, naphthas

 

2,163

2,304

2,298

2,266

2,211

 

Heating oils, kerosene, diesel

 

1,833

1,826

1,810

1,752

1,699

 

Aviation fuels

 

370

387

421

386

402

 

Heavy fuels

 

380

368

358

367

386

 

Specialty products

 

649

621

698

729

636

Total petroleum product sales

 

5,395

5,506

5,585

5,500

5,334

 

 

 

 

 

 

 

 

 

Chemical prime product sales, kt

 

 

 

 

 

 

United States

 

2,280

2,409

2,320

2,447

2,400

 

Non-U.S.

 

3,792

3,900

3,813

3,863

3,773

Total chemical prime product sales

6,072

6,309

6,133

6,310

6,173

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

1Q17 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

1Q17 vs. 1Q16

 

1Q17 vs. 4Q16

 

Upstream

 

 

 

 

 

Prior Period

-76

 

-642

 

 

 

Realization

2,310

 

570

 

 

 

Volume / Mix

-150

 

-

 

 

 

Other

170

 

2,330

 

 

Current Period

2,252

 

2,252

 

Downstream

 

 

 

 

 

Prior Period

906

 

1,241

 

 

 

Margin

10

 

200

 

 

 

Volume / Mix

160

 

-220

 

 

 

Other

40

 

-110

 

 

Current Period

1,116

 

1,116

 

Chemical

 

 

 

 

 

Prior Period

1,355

 

872

 

 

 

Margin

-70

 

170

 

 

 

Volume / Mix

-

 

-10

 

 

 

Other

-110

 

140

 

 

Current Period

1,171

 

1,171

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, koebd

 

 

 

 

 

Prior Period

4,325

 

4,121

 

 

 

Entitlements - Net Interest

4

 

-

 

 

 

Entitlements - Price / Spend / Other

-114

 

-61

 

 

 

Quotas

-

 

-

 

 

 

Divestments

-6

 

-3

 

 

 

Growth / Other

-58

 

94

 

 

Current Period

4,151

 

4,151

 

 

 

 

 

 

 

 

Sources and Uses of Funds, $B

1Q17

 

 

 

 

Beginning Cash

3.7

 

 

 

 

 

Earnings

4.0

 

 

 

 

 

Depreciation

4.5

 

 

 

 

 

Working Capital / Other

-0.3

 

 

 

 

 

Proceeds Associated with Asset Sales

0.7

 

 

 

 

 

PP&E Adds / Investments and Advances 1

-4.5

 

 

 

 

 

Shareholder Distributions

-3.1

 

 

 

 

 

Debt / Other Financing

-0.1

 

 

 

 

Ending Cash

4.9

 

 

 

 

 

 

 

 

 

 

 

1 PP&E Adds / Investments and Advances includes PP&E adds of ($2.9B) and net advances of ($1.6B).

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

 

1Q17 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4)

 

 

  

 

 

 

 

 

Average Realization Data

1Q17

4Q16

3Q16

2Q16

1Q16

United States

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

45.93

43.38

38.76

37.97

27.11

 

 

Natural Gas ($/kcf)

2.83

2.69

2.65

1.74

1.60

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

WTI ($/b)

51.83

49.18

44.88

45.48

33.27

 

 

ANS-WC ($/b)

53.93

50.01

44.65

45.71

33.76

 

 

Henry Hub ($/mbtu)

3.32

2.98

2.81

1.95

2.09

 

 

 

 

 

 

 

 

Non-U.S.

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

47.87

44.82

40.96

41.46

28.67

 

 

Natural Gas ($/kcf)

5.57

4.97

4.47

4.06

4.80

 

 

European NG ($/kcf)

5.55

4.97

4.48

4.35

5.05

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

Brent ($/b)

53.78

49.46

45.85

45.57

33.89

 

 

 

 

 

 

 

 

The above numbers reflect ExxonMobil’s current estimate of volumes and realizations given data available as of the end of the first quarter of 2017.  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.