EX-99.2 3 f8k2q992.htm INVESTOR RELATIONS DATA SUMMARY  

 

EXXON MOBIL CORPORATION

 

 

 

EXHIBIT 99.2

 

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

  

   

 

 

 

 

 

 

 

Earnings, $M

2Q18

1Q18

4Q17

3Q17

2Q17

Upstream

 

 

 

 

 

 

United States

 

439

429

7,061

(238)

(183)

 

Non-U.S.

 

2,601

3,068

1,291

1,805

1,367

 

Total

 

3,040

3,497

8,352

1,567

1,184

Downstream

 

 

 

 

 

 

United States

 

695

319

918

391

347

 

Non-U.S.

 

29

621

646

1,141

1,038

 

Total

 

724

940

1,564

1,532

1,385

Chemical

 

 

 

 

 

 

United States

 

453

503

777

403

481

 

Non-U.S.

 

437

508

493

689

504

 

Total

 

890

1,011

1,270

1,092

985

  

 

 

 

 

 

 

 

 

Corporate and financing

(704)

(798)

(2,806)

(221)

(204)

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

3,950

4,650

8,380

3,970

3,350

   

 

 

 

 

 

 

 

 

Earnings per common share (U.S. GAAP)  

0.92

1.09

1.97

0.93

0.78

Earnings per common share

 

 

 

 

 

 - assuming dilution (U.S. GAAP)

0.92

1.09

1.97

0.93

0.78

 

 

 

 

 

 

 

 

 

Exploration expenses, including dry holes

332

287

703

284

514

 

 

 

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

 

 

 

 

 

Upstream

 

 

 

 

 

 

United States

 

1,752

1,248

1,158

1,098

756

 

Non-U.S.

 

3,103

2,511

6,457

2,077

2,030

 

Total

 

4,855

3,759

7,615

3,175

2,786

Downstream

 

 

 

 

 

 

United States

 

346

218

264

181

173

 

Non-U.S.

 

884

396

518

430

413

 

Total

 

1,230

614

782

611

586

Chemical

 

 

 

 

 

 

United States

 

414

343

389

392

414

 

Non-U.S.

 

119

122

167

1,791

121

 

Total

 

533

465

556

2,183

535

Other

9

29

46

18

18

  

 

 

 

  

  

  

  

  

Total Capital and Exploration Expenditures

6,627

4,867

8,999

5,987

3,925

 

 

 

 

 

 

 

 

 

Effective Income Tax Rate, %

44%

40%

-139%

33%

31%

 

 

 

 

 

 

 

 

 

Common Shares Outstanding, millions

 

 

 

 

 

 

At quarter end

4,234

4,234

4,239

4,237

4,237

 

Average - assuming dilution

4,271

4,270

4,270

4,271

4,271

  

 

 

 

 

 

 

 

 

Total Cash and Cash Equivalents, $B

3.4

4.1

3.2

4.3

4.0

 

 

 

 

 

 

 

 

 

Total Debt, $B

41.2

40.6

42.3

40.6

41.9

 

 

 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales, $B

 

 

 

 

 

 

Net cash provided by operating activities

7.8

8.6

7.4

7.5

6.9

 

Proceeds associated with asset sales

0.3

1.4

1.4

0.9

0.2

 

Cash flow from operations and asset sales

8.1

10.0

8.8

8.4

7.1

 

 

 

 

 

 

 

 

 

 

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

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

 

  

 

 

 

 

 

 

 

Net production of crude oil, natural gas

2Q18

1Q18

4Q17

3Q17

2Q17

liquids, bitumen and synthetic oil, kbd

 

 

 

 

 

 

United States

 

543

523

525

500

520

 

Canada / Other Americas

 

391

427

426

423

374

 

Europe

 

136

145

155

172

195

 

Africa

 

410

376

403

441

417

 

Asia

 

686

706

690

683

710

 

Australia / Oceania

 

46

39

52

61

53

Total liquids production

2,212

2,216

2,251

2,280

2,269

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

 

 

 

 

 

 

United States

 

2,591

2,576

2,753

2,899

3,083

 

Canada / Other Americas

 

226

211

240

216

203

 

Europe

 

1,136

2,542

2,266

1,326

1,442

 

Africa

 

9

9

6

6

4

 

Asia

 

3,393

3,568

3,855

3,646

3,867

 

Australia / Oceania

 

1,258

1,132

1,321

1,492

1,321

Total natural gas production available for sale

8,613

10,038

10,441

9,585

9,920

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

3,647

3,889

3,991

3,878

3,922

 

 

 

 

 

 

 

 

 

Refinery throughput, kbd

 

 

 

 

 

 

 

United States

 

1,529

1,518

1,379

1,435

1,601

 

Canada

 

364

408

391

385

358

 

Europe

 

1,384

1,495

1,509

1,555

1,521

 

Asia Pacific

 

714

720

728

715

664

 

Other Non-U.S.

 

114

152

200

197

201

Total refinery throughput

 

4,105

4,293

4,207

4,287

4,345

 

 

 

 

 

 

 

 

 

Petroleum product sales, kbd

 

 

 

 

 

 

 

United States

 

2,215

2,128

2,209

2,209

2,187

 

Canada

 

514

484

501

508

494

 

Europe

 

1,595

1,574

1,589

1,608

1,653

 

Asia Pacific

 

814

795

819

746

755

 

Other Non-U.S.

 

364

451

506

471

469

Total petroleum product sales

 

5,502

5,432

5,624

5,542

5,558

 

 

 

 

 

 

 

 

 

 

Gasolines, naphthas

 

2,216

2,215

2,353

2,266

2,265

 

Heating oils, kerosene, diesel

 

1,781

1,828

1,878

1,836

1,850

 

Aviation fuels

 

405

396

393

380

383

 

Heavy fuels

 

432

346

370

372

367

 

Specialty products

 

668

647

630

688

693

Total petroleum product sales

 

5,502

5,432

5,624

5,542

5,558

 

 

 

 

 

 

 

 

 

Chemical prime product sales, kt

 

 

 

 

 

 

United States

 

2,411

2,391

2,399

2,294

2,334

 

Non-U.S.

 

4,441

4,277

4,383

4,152

3,786

Total chemical prime product sales

6,852

6,668

6,782

6,446

6,120

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

2Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

2Q18 vs. 2Q17

 

2Q18 vs. 1Q18

 

Upstream

 

 

 

 

 

Prior Period

1,184

 

3,497

 

 

 

Realization

2,380

 

540

 

 

 

Volume / Mix

-270

 

-320

 

 

 

 

Downtime / Maintenance (Volume/Mix)

-150

 

-140

 

 

 

 

Other

-120

 

-180

 

 

 

Other

-250

 

-680

 

 

 

 

Downtime / Maintenance (Expenses)

-80

 

-70

 

 

 

 

Acquisitions / Divestments

30

 

-420

 

 

 

 

Other

-200

 

-190

 

 

Current Period

3,040

 

3,040

 

Downstream

 

 

 

 

 

Prior Period

1,385

 

940

 

 

 

Margin

260

 

630

 

 

 

Volume / Mix

-210

 

-280

 

 

 

 

Sales

100

 

50

 

 

 

 

Downtime / Maintenance (Volume/Mix)

-420

 

-390

 

 

 

 

Other

110

 

60

 

 

 

Other

-710

 

-570

 

 

 

 

Downtime / Maintenance (Expenses)

-200

 

-230

 

 

 

 

Forex

-240

 

-210

 

 

 

 

Acquisitions / Divestments

-130

 

-30

 

 

 

 

Other

-140

 

-100

 

 

Current Period

724

 

724

 

Chemical

 

 

 

 

 

Prior Period

985

 

1,011

 

 

 

Margin

-210

 

-90

 

 

 

Volume / Mix

120

 

50

 

 

 

Other

-10

 

-80

 

 

Current Period

890

 

890

 

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, koebd

 

 

 

 

 

Prior Period

3,922

 

3,889

 

 

 

Entitlements

-55

 

5

 

 

 

Divestments

-65

 

-20

 

 

 

Downtime / Maintenance

-75

 

-65

 

 

 

Gas Demand

-30

 

-210

 

 

 

Growth / Decline / Other

-50

 

45

 

 

Current Period

3,647

 

3,647

 

 

 

 

 

 

 

 

 

Sources and Uses of Funds, $B

2Q18

 

 

 

 

Beginning Cash

4.1

 

 

 

 

 

Earnings

4.0

 

 

 

 

 

Depreciation

4.6

 

 

 

 

 

Working Capital / Other

-0.8

 

 

 

 

 

Proceeds Associated with Asset Sales

0.3

 

 

 

 

 

PP&E Adds / Investments and Advances 1

-5.4

 

 

 

 

 

Shareholder Distributions

-3.5

 

 

 

 

 

Debt / Other Financing

0.1

 

 

 

 

Ending Cash

3.4

 

 

 

 

 

 

 

 

 

 

 

1PP&E Adds / Investments and Advances includes PP&E adds of ($4.9B) and net advances of ($0.5B)

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

  

 

 

 

 

 

Average Realization Data

2Q18

1Q18

4Q17

3Q17

2Q17

United States

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

64.87

60.07

54.12

44.75

43.58

 

 

Natural Gas ($/kcf)

2.57

2.91

2.70

2.82

2.96

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

WTI ($/b)

68.00

62.88

55.35

48.16

48.24

 

 

ANS-WC ($/b)

73.89

67.16

61.42

52.01

50.75

 

 

Henry Hub ($/mbtu)

2.80

3.01

2.93

2.99

3.19

 

 

 

 

 

 

 

 

Non-U.S.

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

66.35

57.78

55.55

47.45

44.48

 

 

Natural Gas ($/kcf)

6.88

6.70

5.77

5.26

5.26

 

 

European NG ($/kcf)

6.93

6.60

6.04

5.21

5.18

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

Brent ($/b)

74.35

66.76

61.39

52.08

49.83

 

 

 

 

 

 

 

 

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