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EX-99.1 - NEWS RELEASE - EXXON MOBIL CORPf8k1q991.htm
8-K - FORM 8-K - EXXON MOBIL CORPr8k042718.htm

 

EXXON MOBIL CORPORATION

 

 

 

EXHIBIT 99.2

 

1Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4)

  

   

 

 

 

 

 

 

 

Earnings, $M

1Q18

4Q17

3Q17

2Q17

1Q17

Upstream

 

 

 

 

 

 

United States

 

429

7,061

(238)

(183)

(18)

 

Non-U.S.

 

3,068

1,291

1,805

1,367

2,270

 

Total

 

3,497

8,352

1,567

1,184

2,252

Downstream

 

 

 

 

 

 

United States

 

319

918

391

347

292

 

Non-U.S.

 

621

646

1,141

1,038

824

 

Total

 

940

1,564

1,532

1,385

1,116

Chemical

 

 

 

 

 

 

United States

 

503

777

403

481

529

 

Non-U.S.

 

508

493

689

504

642

 

Total

 

1,011

1,270

1,092

985

1,171

  

 

 

 

 

 

 

 

 

Corporate and financing

(798)

(2,806)

(221)

(204)

(529)

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

4,650

8,380

3,970

3,350

4,010

   

 

 

 

 

 

 

 

 

Earnings per common share (U.S. GAAP)  

1.09

1.97

0.93

0.78

0.95

Earnings per common share

 

 

 

 

 

 - assuming dilution (U.S. GAAP)

1.09

1.97

0.93

0.78

0.95

 

 

 

 

 

 

 

 

 

Exploration expenses, including dry holes

287

703

284

514

289

 

 

 

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

 

 

 

 

 

Upstream

 

 

 

 

 

 

United States

 

1,248

1,158

1,098

756

704

 

Non-U.S.

 

2,511

6,457

2,077

2,030

2,415

 

Total

 

3,759

7,615

3,175

2,786

3,119

Downstream

 

 

 

 

 

 

United States

 

218

264

181

173

205

 

Non-U.S.

 

396

518

430

413

340

 

Total

 

614

782

611

586

545

Chemical

 

 

 

 

 

 

United States

 

343

389

392

414

388

 

Non-U.S.

 

122

167

1,791

121

109

 

Total

 

465

556

2,183

535

497

Other

29

46

18

18

8

  

 

 

 

  

  

  

  

  

Total Capital and Exploration Expenditures

4,867

8,999

5,987

3,925

4,169

 

 

 

 

 

 

 

 

 

Effective Income Tax Rate, %

40%

-139%

33%

31%

38%

 

 

 

 

 

 

 

 

 

Common Shares Outstanding, millions

 

 

 

 

 

 

At quarter end

4,234

4,239

4,237

4,237

4,237

 

Average - assuming dilution

4,270

4,270

4,271

4,271

4,223

  

 

 

 

 

 

 

 

 

Total Cash and Cash Equivalents, $B

4.1

3.2

4.3

4.0

4.9

 

 

 

 

 

 

 

 

 

Total Debt, $B

40.6

42.3

40.6

41.9

43.6

 

 

 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales, $B

 

 

 

 

 

 

Net cash provided by operating activities

8.6

7.4

7.5

6.9

8.3

 

Proceeds associated with asset sales

1.4

1.4

0.9

0.2

0.6

 

Cash flow from operations and asset sales

10.0

8.8

8.4

7.1

8.9

 

 

 

 

 

 

 

 

 

 

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

1Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4)

 

  

 

 

 

 

 

 

 

Net production of crude oil, natural gas

1Q18

4Q17

3Q17

2Q17

1Q17

liquids, bitumen and synthetic oil, kbd

 

 

 

 

 

 

United States

 

523

525

500

520

513

 

Canada / Other Americas

 

427

426

423

374

421

 

Europe

 

145

155

172

195

205

 

Africa

 

376

403

441

417

433

 

Asia

 

706

690

683

710

711

 

Australia / Oceania

 

39

52

61

53

50

Total liquids production

2,216

2,251

2,280

2,269

2,333

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

 

 

 

 

 

 

United States

 

2,576

2,753

2,899

3,083

3,011

 

Canada / Other Americas

 

211

240

216

203

218

 

Europe

 

2,542

2,266

1,326

1,442

2,768

 

Africa

 

9

6

6

4

5

 

Asia

 

3,568

3,855

3,646

3,867

3,807

 

Australia / Oceania

 

1,132

1,321

1,492

1,321

1,099

Total natural gas production available for sale

10,038

10,441

9,585

9,920

10,908

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

3,889

3,991

3,878

3,922

4,151

 

 

 

 

 

 

 

 

 

Refinery throughput, kbd

 

 

 

 

 

 

 

United States

 

1,518

1,379

1,435

1,601

1,621

 

Canada

 

408

391

385

358

397

 

Europe

 

1,495

1,509

1,555

1,521

1,453

 

Asia Pacific

 

720

728

715

664

652

 

Other Non-U.S.

 

152

200

197

201

201

Total refinery throughput

 

4,293

4,207

4,287

4,345

4,324

 

 

 

 

 

 

 

 

 

Petroleum product sales, kbd

 

 

 

 

 

 

 

United States

 

2,128

2,209

2,209

2,187

2,155

 

Canada

 

484

501

508

494

494

 

Europe

 

1,574

1,589

1,608

1,653

1,536

 

Asia Pacific

 

795

819

746

755

708

 

Other Non-U.S.

 

451

506

471

469

502

Total petroleum product sales

 

5,432

5,624

5,542

5,558

5,395

 

 

 

 

 

 

 

 

 

 

Gasolines, naphthas

 

2,215

2,353

2,266

2,265

2,163

 

Heating oils, kerosene, diesel

 

1,828

1,878

1,836

1,850

1,833

 

Aviation fuels

 

396

393

380

383

370

 

Heavy fuels

 

346

370

372

367

380

 

Specialty products

 

647

630

688

693

649

Total petroleum product sales

 

5,432

5,624

5,542

5,558

5,395

 

 

 

 

 

 

 

 

 

Chemical prime product sales, kt

 

 

 

 

 

 

United States

 

2,391

2,399

2,294

2,334

2,280

 

Non-U.S.

 

4,277

4,383

4,152

3,786

3,792

Total chemical prime product sales

6,668

6,782

6,446

6,120

6,072

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

1Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

1Q18 vs. 1Q17

 

1Q18 vs. 4Q17

 

Upstream

 

 

 

 

 

Prior Period

2,252

 

8,352

 

 

 

Realization

1,430

 

640

 

 

 

Volume / Mix

-190

 

-130

 

 

 

Other

10

 

-5,370

 

 

Current Period

3,497

 

3,497

 

Downstream

 

 

 

 

 

Prior Period

1,116

 

1,564

 

 

 

Margin

-30

 

-200

 

 

 

Volume / Mix

-60

 

-40

 

 

 

Other

-90

 

-380

 

 

Current Period

940

 

940

 

Chemical

 

 

 

 

 

Prior Period

1,171

 

1,270

 

 

 

Margin

-270

 

-30

 

 

 

Volume / Mix

120

 

-30

 

 

 

Other

-10

 

-200

 

 

Current Period

1,011

 

1,011

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, koebd

 

 

 

 

 

Prior Period

4,151

 

3,991

 

 

 

Entitlements - Net Interest

-3

 

-3

 

 

 

Entitlements - Price / Spend / Other

-70

 

-91

 

 

 

Quotas

-

 

-

 

 

 

Divestments

-53

 

-12

 

 

 

Growth / Other

-136

 

4

 

 

Current Period

3,889

 

3,889

 

 

 

 

 

 

 

 

Sources and Uses of Funds, $B

1Q18

 

 

 

 

Beginning Cash

3.2

 

 

 

 

 

Earnings

4.7

 

 

 

 

 

Depreciation

4.5

 

 

 

 

 

Working Capital / Other

-0.6

 

 

 

 

 

Proceeds Associated with Asset Sales

1.4

 

 

 

 

 

PP&E Adds / Investments and Advances 1

-3.3

 

 

 

 

 

Shareholder Distributions

-3.3

 

 

 

 

 

Debt / Other Financing

-2.5

 

 

 

 

Ending Cash

4.1

 

 

 

 

 

 

 

 

 

 

 

1 PP&E Adds / Investments and Advances includes PP&E adds of ($3.3B)

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

 

1Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4)

 

 

  

 

 

 

 

 

Average Realization Data

1Q18

4Q17

3Q17

2Q17

1Q17

United States

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

60.07

54.12

44.75

43.58

45.93

 

 

Natural Gas ($/kcf)

2.91

2.70

2.82

2.96

2.83

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

WTI ($/b)

62.88

55.35

48.16

48.24

51.83

 

 

ANS-WC ($/b)

67.16

61.42

52.01

50.75

53.93

 

 

Henry Hub ($/mbtu)

3.01

2.93

2.99

3.19

3.32

 

 

 

 

 

 

 

 

Non-U.S.

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

57.78

55.55

47.45

44.48

47.87

 

 

Natural Gas ($/kcf)

6.70

5.77

5.26

5.26

5.57

 

 

European NG ($/kcf)

6.60

6.04

5.21

5.18

5.55

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

Brent ($/b)

66.76

61.39

52.08

49.83

53.78

 

 

 

 

 

 

 

 

The above numbers reflect ExxonMobil’s current estimate of volumes and realizations given data available as of the end of the first quarter of 2018.  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.