EX-99.2 3 f8k3q992.htm INVESTOR RELATIONS DATA SUMMARY  

 

EXXON MOBIL CORPORATION

 

 

 

EXHIBIT 99.2

 

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

  

   

 

 

 

 

 

 

 

Earnings, $M

3Q18

2Q18

1Q18

4Q17

3Q17

Upstream

 

 

 

 

 

 

United States

 

606

439

429

7,061

(238)

 

Non-U.S.

 

3,623

2,601

3,068

1,291

1,805

 

Total

 

4,229

3,040

3,497

8,352

1,567

Downstream

 

 

 

 

 

 

United States

 

961

695

319

918

391

 

Non-U.S.

 

681

29

621

646

1,141

 

Total

 

1,642

724

940

1,564

1,532

Chemical

 

 

 

 

 

 

United States

 

404

453

503

777

403

 

Non-U.S.

 

309

437

508

493

689

 

Total

 

713

890

1,011

1,270

1,092

  

 

 

 

 

 

 

 

 

Corporate and financing

(344)

(704)

(798)

(2,806)

(221)

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

6,240

3,950

4,650

8,380

3,970

   

 

 

 

 

 

 

 

 

Earnings per common share (U.S. GAAP)  

1.46

0.92

1.09

1.97

0.93

Earnings per common share

 

 

 

 

 

 - assuming dilution (U.S. GAAP)

1.46

0.92

1.09

1.97

0.93

 

 

 

 

 

 

 

 

 

Exploration expenses, including dry holes

292

332

287

703

284

 

 

 

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

 

 

 

 

 

Upstream

 

 

 

 

 

 

United States

 

2,040

1,752

1,248

1,158

1,098

 

Non-U.S.

 

3,290

3,103

2,511

6,457

2,077

 

Total

 

5,330

4,855

3,759

7,615

3,175

Downstream

 

 

 

 

 

 

United States

 

297

346

218

264

181

 

Non-U.S.

 

422

884

396

518

430

 

Total

 

719

1,230

614

782

611

Chemical

 

 

 

 

 

 

United States

 

411

414

343

389

392

 

Non-U.S.

 

115

119

122

167

1,791

 

Total

 

526

533

465

556

2,183

Other

11

9

29

46

18

  

 

 

 

  

  

  

  

  

Total Capital and Exploration Expenditures

6,586

6,627

4,867

8,999

5,987

 

 

 

 

 

 

 

 

 

Effective Income Tax Rate, %

34%

44%

40%

-139%

33%

 

 

 

 

 

 

 

 

 

Common Shares Outstanding, millions

 

 

 

 

 

 

At quarter end

4,234

4,234

4,234

4,239

4,237

 

Average - assuming dilution

4,271

4,271

4,270

4,270

4,271

  

 

 

 

 

 

 

 

 

Total Cash and Cash Equivalents, $B

5.7

3.4

4.1

3.2

4.3

 

 

 

 

 

 

 

 

 

Total Debt, $B

40.0

41.2

40.6

42.3

40.6

 

 

 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales, $B

 

 

 

 

 

 

Net cash provided by operating activities

11.1

7.8

8.5

7.4

7.5

 

Proceeds associated with asset sales

1.5

0.3

1.4

1.4

0.9

 

Cash flow from operations and asset sales

12.6

8.1

9.9

8.8

8.4

 

 

 

 

 

 

 

 

 

 

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

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

 

  

 

 

 

 

 

 

 

Net production of crude oil, natural gas

3Q18

2Q18

1Q18

4Q17

3Q17

liquids, bitumen and synthetic oil, kbd

 

 

 

 

 

 

United States

 

555

543

523

525

500

 

Canada / Other Americas

 

454

391

427

426

423

 

Europe

 

127

136

145

155

172

 

Africa

 

387

410

376

403

441

 

Asia

 

706

686

706

690

683

 

Australia / Oceania

 

57

46

39

52

61

Total liquids production

2,286

2,212

2,216

2,251

2,280

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

 

 

 

 

 

 

United States

 

2,549

2,591

2,576

2,753

2,899

 

Canada / Other Americas

 

224

226

211

240

216

 

Europe

 

1,004

1,136

2,542

2,266

1,326

 

Africa

 

16

9

9

6

6

 

Asia

 

3,685

3,393

3,568

3,855

3,646

 

Australia / Oceania

 

1,523

1,258

1,132

1,321

1,492

Total natural gas production available for sale

9,001

8,613

10,038

10,441

9,585

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

3,786

3,647

3,889

3,991

3,878

 

 

 

 

 

 

 

 

 

Refinery throughput, kbd

 

 

 

 

 

 

 

United States

 

1,644

1,529

1,518

1,379

1,435

 

Canada

 

388

364

408

391

385

 

Europe

 

1,446

1,384

1,495

1,509

1,555

 

Asia Pacific

 

720

714

720

728

715

 

Other Non-U.S.

 

194

114

152

200

197

Total refinery throughput

 

4,392

4,105

4,293

4,207

4,287

 

 

 

 

 

 

 

 

 

Petroleum product sales, kbd

 

 

 

 

 

 

 

United States

 

2,267

2,215

2,128

2,209

2,209

 

Canada

 

527

514

484

501

508

 

Europe

 

1,582

1,595

1,574

1,589

1,608

 

Asia Pacific

 

824

814

795

819

746

 

Other Non-U.S.

 

416

364

451

506

471

Total petroleum product sales

 

5,616

5,502

5,432

5,624

5,542

 

 

 

 

 

 

 

 

 

 

Gasolines, naphthas

 

2,255

2,216

2,215

2,353

2,266

 

Heating oils, kerosene, diesel

 

1,837

1,781

1,828

1,878

1,836

 

Aviation fuels

 

430

405

396

393

380

 

Heavy fuels

 

411

432

346

370

372

 

Specialty products

 

683

668

647

630

688

Total petroleum product sales

 

5,616

5,502

5,432

5,624

5,542

 

 

 

 

 

 

 

 

 

Chemical prime product sales, kt

 

 

 

 

 

 

United States

 

2,445

2,411

2,391

2,399

2,294

 

Non-U.S.

 

4,232

4,441

4,277

4,383

4,152

Total chemical prime product sales

6,677

6,852

6,668

6,782

6,446

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

3Q18 vs. 3Q17

 

3Q18 vs. 2Q18

 

Upstream

 

 

 

 

 

Prior Period

1,567

 

3,040

 

 

 

Realization

2,580

 

270

 

 

 

Volume / Mix

50

 

450

 

 

 

 

Downtime Volume (Volume / Mix)

-80

 

130

 

 

 

 

Other

130

 

320

 

 

 

Other

30

 

470

 

 

Current Period

4,229

 

4,229

 

Downstream

 

 

 

 

 

Prior Period

1,532

 

724

 

 

 

Margin

-110

 

150

 

 

 

Volume / Mix

210

 

440

 

 

 

 

Downtime / Maintenance (Volume / Mix)

-10

 

350

 

 

 

 

Other

220

 

90

 

 

 

Other

10

 

330

 

 

 

 

Downtime / Maintenance (Expenses)

-

 

110

 

 

 

 

Forex

-

 

140

 

 

 

 

Other

10

 

80

 

 

Current Period

1,642

 

1,642

 

Chemical

 

 

 

 

 

Prior Period

1,092

 

890

 

 

 

Margin

-140

 

-20

 

 

 

Volume / Mix

20

 

-30

 

 

 

 

Downtime / Maintenance (Volume / Mix)

-10

 

-70

 

 

 

 

Other

30

 

40

 

 

 

Other

-260

 

-130

 

 

 

 

Downtime / Maintenance (Expenses)

-80

 

-70

 

 

 

 

Other

-180

 

-60

 

 

Current Period

713

 

713

 

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, koebd

 

 

 

 

 

Prior Period

3,878

 

3,647

 

 

 

Entitlements / Divestments

-155

 

-30

 

 

 

Downtime / Maintenance

-20

 

90

 

 

 

Growth / Decline / Other

85

 

80

 

 

Current Period

3,786

 

3,786

 

 

 

 

 

 

 

 

 

Sources and Uses of Funds, $B

3Q18

 

 

 

 

Beginning Cash

3.4

 

 

 

 

 

Earnings

6.2

 

 

 

 

 

Depreciation

4.7

 

 

 

 

 

Working Capital / Other

0.2

 

 

 

 

 

Proceeds Associated with Asset Sales

1.5

 

 

 

 

 

PP&E Adds / Investments and Advances1

-5.4

 

 

 

 

 

Shareholder Distributions

-3.5

 

 

 

 

 

Debt / Other Financing

-1.4

 

 

 

 

Ending Cash

5.7

 

 

 

 

 

 

 

 

 

 

 

1PP&E Adds / Investments and Advances includes PP&E adds of ($5.2B) and net advances of ($0.2B)

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

  

 

 

 

 

 

Average Realization Data

3Q18

2Q18

1Q18

4Q17

3Q17

United States

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

64.06

64.87

60.07

54.12

44.75

 

 

Natural Gas ($/kcf)

2.75

2.57

2.91

2.70

2.82

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

WTI ($/b)

69.71

68.00

62.88

55.35

48.16

 

 

ANS-WC ($/b)

75.37

73.89

67.16

61.42

52.01

 

 

Henry Hub ($/mbtu)

2.91

2.80

3.01

2.93

2.99

 

 

 

 

 

 

 

 

Non-U.S.

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

66.64

66.35

57.78

55.55

47.45

 

 

Natural Gas ($/kcf)

7.36

6.88

6.70

5.77

5.26

 

 

European NG ($/kcf)

6.73

6.93

6.60

6.04

5.21

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

Brent ($/b)

75.27

74.35

66.76

61.39

52.08

 

 

 

 

 

 

 

 

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