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EX-99.1 - NEWS RELEASE - EXXON MOBIL CORPf8k2q991.htm
8-K - FORM 8-K - EXXON MOBIL CORPr8k072817.htm

 

EXXON MOBIL CORPORATION

 

 

 

EXHIBIT 99.2

 

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

  

   

 

 

 

 

 

 

 

Earnings, $M

2Q17

1Q17

4Q16

3Q16

2Q16

Upstream

 

 

 

 

 

 

United States

 

(183)

(18)

(2,328)

(477)

(514)

 

Non-U.S.

 

1,367

2,270

1,686

1,097

808

 

Total

 

1,184

2,252

(642)

620

294

Downstream

 

 

 

 

 

 

United States

 

347

292

270

225

412

 

Non-U.S.

 

1,038

824

971

1,004

413

 

Total

 

1,385

1,116

1,241

1,229

825

Chemical

 

 

 

 

 

 

United States

 

481

529

352

434

509

 

Non-U.S.

 

504

642

520

737

708

 

Total

 

985

1,171

872

1,171

1,217

  

 

 

 

 

 

 

 

 

Corporate and financing

(204)

(529)

209

(370)

(636)

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

3,350

4,010

1,680

2,650

1,700

   

 

 

 

 

 

 

 

 

Earnings per common share (U.S. GAAP)  

0.78

0.95

0.41

0.63

0.41

Earnings per common share

 

 

 

 

 

 - assuming dilution (U.S. GAAP)

0.78

0.95

0.41

0.63

0.41

 

 

 

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

 

 

 

 

 

Upstream

 

 

 

 

 

 

United States

 

756

704

817

712

914

 

Non-U.S.

 

2,030

2,415

2,755

2,360

3,005

 

Total

 

2,786

3,119

3,572

3,072

3,919

Downstream

 

 

 

 

 

 

United States

 

173

205

231

192

227

 

Non-U.S.

 

413

340

472

397

415

 

Total

 

586

545

703

589

642

Chemical

 

 

 

 

 

 

United States

 

414

388

405

359

355

 

Non-U.S.

 

121

109

125

144

208

 

Total

 

535

497

530

503

563

Other

18

8

24

26

34

  

 

 

 

  

  

  

  

  

Total Capital and Exploration Expenditures

3,925

4,169

4,829

4,190

5,158

 

 

 

 

 

 

 

 

 

Exploration Expense Charged to Income, $M

 

 

 

 

 

 

Consolidated

 

- United States

37

34

42

35

35

 

 

 

- Non-U.S.

477

253

296

291

409

 

Non-consolidated - ExxonMobil share

- United States

1

-

-

-

-

 

 

 

- Non-U.S.

10

14

51

6

5

Exploration Expenses Charged to Income Included Above

525

301

389

332

449

 

 

 

 

 

 

 

 

 

Effective Income Tax Rate, %

31%

38%

-92%

20%

40%

 

 

 

 

 

 

 

 

 

Common Shares Outstanding, millions

 

 

 

 

 

 

At quarter end

4,237

4,237

4,148

4,147

4,147

 

Average - assuming dilution

4,271

4,223

4,176

4,178

4,178

  

 

 

 

 

 

 

 

 

Total Cash and Cash Equivalents, $B

4.0

4.9

3.7

5.1

4.4

 

 

 

 

 

 

 

 

 

Total Debt, $B

41.9

43.6

42.8

46.2

44.5

 

 

 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales, $B

 

 

 

 

 

 

Net cash provided by operating activities

6.9

8.3

7.4

5.3

4.6

 

Proceeds associated with asset sales

0.2

0.6

2.1

1.0

1.0

 

Cash flow from operations and asset sales

7.1

8.9

9.5

6.3

5.6

 

 

 

 

 

 

 

 

 

 

  

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

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

 

  

 

 

 

 

 

 

 

Net production of crude oil, natural gas

2Q17

1Q17

4Q16

3Q16

2Q16

liquids, bitumen and synthetic oil, kbd

 

 

 

 

 

 

United States

 

520

513

496

484

495

 

Canada / South America

 

374

421

453

437

359

 

Europe

 

195

205

208

189

201

 

Africa

 

417

433

449

388

494

 

Asia

 

710

711

726

651

724

 

Australia / Oceania

 

53

50

52

62

57

Total liquids production

2,269

2,333

2,384

2,211

2,330

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

 

 

 

 

 

 

United States

 

3,083

3,011

2,997

3,058

3,097

 

Canada / South America

 

203

218

222

220

257

 

Europe

 

1,442

2,768

2,518

1,650

1,749

 

Africa

 

4

5

7

13

7

 

Asia

 

3,867

3,807

3,698

3,662

3,819

 

Australia / Oceania

 

1,321

1,099

982

998

833

Total natural gas production available for sale

9,920

10,908

10,424

9,601

9,762

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

3,922

4,151

4,121

3,811

3,957

 

 

 

 

 

 

 

 

 

Refinery throughput, kbd

 

 

 

 

 

 

 

United States

 

1,601

1,621

1,604

1,604

1,555

 

Canada

 

358

397

401

406

246

 

Europe

 

1,521

1,453

1,460

1,476

1,462

 

Asia Pacific

 

664

652

706

677

718

 

Other Non-U.S.

 

201

201

200

202

171

Total refinery throughput

 

4,345

4,324

4,371

4,365

4,152

 

 

 

 

 

 

 

 

 

Petroleum product sales, kbd

 

 

 

 

 

 

 

United States

 

2,187

2,155

2,227

2,327

2,228

 

Canada

 

494

494

499

511

479

 

Europe

 

1,653

1,536

1,535

1,553

1,561

 

Asia Pacific

 

755

708

719

721

760

 

Other Non-U.S.

 

469

502

526

473

472

Total petroleum product sales

 

5,558

5,395

5,506

5,585

5,500

 

 

 

 

 

 

 

 

 

 

Gasolines, naphthas

 

2,265

2,163

2,304

2,298

2,266

 

Heating oils, kerosene, diesel

 

1,850

1,833

1,826

1,810

1,752

 

Aviation fuels

 

383

370

387

421

386

 

Heavy fuels

 

367

380

368

358

367

 

Specialty products

 

693

649

621

698

729

Total petroleum product sales

 

5,558

5,395

5,506

5,585

5,500

 

 

 

 

 

 

 

 

 

Chemical prime product sales, kt

 

 

 

 

 

 

United States

 

2,334

2,280

2,409

2,320

2,447

 

Non-U.S.

 

3,786

3,792

3,900

3,813

3,863

Total chemical prime product sales

6,120

6,072

6,309

6,133

6,310

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

2Q17 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

2Q17 vs. 2Q16

 

2Q17 vs. 1Q17

 

Upstream

 

 

 

 

 

Prior Period

294

 

2,252

 

 

 

Realization

890

 

-390

 

 

 

Volume / Mix

-140

 

-250

 

 

 

Other

140

 

-430

 

 

Current Period

1,184

 

1,184

 

Downstream

 

 

 

 

 

Prior Period

825

 

1,116

 

 

 

Margin

220

 

200

 

 

 

Volume / Mix

90

 

40

 

 

 

Other

250

 

30

 

 

Current Period

1,385

 

1,385

 

Chemical

 

 

 

 

 

Prior Period

1,217

 

1,171

 

 

 

Margin

-40

 

-100

 

 

 

Volume / Mix

-50

 

-

 

 

 

Other

-140

 

-90

 

 

Current Period

985

 

985

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, koebd

 

 

 

 

 

Prior Period

3,957

 

4,151

 

 

 

Entitlements - Net Interest

-1

 

-

 

 

 

Entitlements - Price / Spend / Other

-76

 

-13

 

 

 

Quotas

-

 

-

 

 

 

Divestments

-5

 

-1

 

 

 

Growth / Other

47

 

-215

 

 

Current Period

3,922

 

3,922

 

 

 

 

 

 

 

 

Sources and Uses of Funds, $B

2Q17

 

 

 

 

Beginning Cash

4.9

 

 

 

 

 

Earnings

3.4

 

 

 

 

 

Depreciation

4.7

 

 

 

 

 

Working Capital / Other

-1.2

 

 

 

 

 

Proceeds Associated with Asset Sales

0.2

 

 

 

 

 

PP&E Adds / Investments and Advances 1

-3.0

 

 

 

 

 

Shareholder Distributions

-3.3

 

 

 

 

 

Debt / Other Financing

-1.7

 

 

 

 

Ending Cash

4.0

 

 

 

 

 

 

 

 

 

 

 

1 PP&E Adds / Investments and Advances includes PP&E adds of ($3.1B) and net advances of $0.1B.

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

  

 

 

 

 

 

Average Realization Data

2Q17

1Q17

4Q16

3Q16

2Q16

United States

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

43.58

45.93

43.38

38.76

37.97

 

 

Natural Gas ($/kcf)

2.96

2.83

2.69

2.65

1.74

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

WTI ($/b)

48.24

51.83

49.18

44.88

45.48

 

 

ANS-WC ($/b)

50.75

53.93

50.01

44.65

45.71

 

 

Henry Hub ($/mbtu)

3.19

3.32

2.98

2.81

1.95

 

 

 

 

 

 

 

 

Non-U.S.

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

44.48

47.87

44.82

40.96

41.46

 

 

Natural Gas ($/kcf)

5.26

5.57

4.97

4.47

4.06

 

 

European NG ($/kcf)

5.18

5.55

4.97

4.48

4.35

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

Brent ($/b)

49.83

53.78

49.46

45.85

45.57

 

 

 

 

 

 

 

 

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