Attached files

file filename
8-K - EXXON MOBIL CORPr8k072811.htm
EX-99.1 - EXXON MOBIL CORPf8k2q991.htm

EXHIBIT 99.2

EXXON MOBIL CORPORATION

 

 

 

 

 

 

2Q11 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4)

 

Earnings, $M

2Q11

1Q11

4Q10

3Q10

2Q10

Upstream

  United States

1,449 

1,279 

1,317 

999 

865 

  Non-U.S.

7,092 

7,396 

6,163 

4,468 

4,471 

  Total

8,541 

8,675 

7,480 

5,467 

5,336 

Downstream

  United States

734 

694 

226 

164 

440 

  Non-U.S.

622 

405 

924 

996 

780 

  Total

1,356 

1,099 

1,150 

1,160 

1,220 

Chemical

  United States

625 

669 

522 

676 

685 

  Non-U.S.

696 

847 

545 

553 

683 

  Total

1,321 

1,516 

1,067 

1,229 

1,368 

 

 

 

 

 

 

Corporate and financing

(538)

(640)

(447)

(506)

(364)

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

10,680 

10,650 

9,250 

7,350 

7,560 

Earnings per common share (U.S. GAAP)

2.19 

2.14 

1.86 

1.44 

1.61 

Earnings per common share

 - assuming dilution (U.S. GAAP)

2.18 

2.14 

1.85 

1.44 

1.60 

 

 

 

 

 

 

Special Items, $M

Upstream

  United States

  Non-U.S.

  Total

Downstream

  United States

  Non-U.S.

  Total

Chemical

  United States

  Non-U.S.

  Total

 

 

 

 

 

 

Corporate and financing

Corporate total

 

Earnings Excluding Special Items, $M

Upstream

  United States

1,449 

1,279 

1,317 

999 

865 

  Non-U.S.

7,092 

7,396 

6,163 

4,468 

4,471 

  Total

8,541 

8,675 

7,480 

5,467 

5,336 

Downstream

 

 

 

 

 

  United States

734 

694 

226 

164 

440 

  Non-U.S.

622 

405 

924 

996 

780 

  Total

1,356 

1,099 

1,150 

1,160 

1,220 

Chemical

  United States

625 

669 

522 

676 

685 

  Non-U.S.

696 

847 

545 

553 

683 

  Total

1,321 

1,516 

1,067 

1,229 

1,368 

 

 

 

 

 

 

Corporate and financing

(538)

(640)

(447)

(506)

(364)

Corporate total

10,680 

10,650 

9,250 

7,350 

7,560 

EPS excluding Special Items - assuming dilution

2.18 

2.14 

1.85 

1.44 

1.60 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

2Q11 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4)

 

Supplemental Information (continued)

 

 

 

 

 

 

Net production of crude oil and

2Q11

1Q11

4Q10

3Q10

2Q10

natural gas liquids, kbd

  United States

429 

428 

455 

430 

357 

  Canada/South America

240 

262 

266 

253 

267 

  Europe

273 

306 

335 

294 

348 

  Africa

522 

561 

618 

631 

599 

  Asia

834 

792 

800 

751 

692 

  Australia/Oceania

53 

50 

52 

62 

62 

Total liquids production

2,351 

2,399 

2,526 

2,421 

2,325 

 

 

 

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

  United States

3,842 

3,904 

3,869 

3,726 

1,412 

  Canada/South America

397 

468 

564 

550 

594 

  Europe

2,694 

4,783 

4,596 

2,365 

3,268 

  Africa

15 

20 

  Asia

4,961 

5,089 

5,350 

5,081 

4,365 

  Australia/Oceania

365 

275 

264 

455 

366 

Total natural gas production available for sale

12,267 

14,525 

14,652 

12,192 

10,025 

 

 

 

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

4,396 

4,820 

4,968 

4,453 

3,996 

 

 

 

 

 

 

Refinery throughput, kbd

  United States

1,783 

1,771 

1,732 

1,752 

1,807 

  Canada

397 

452 

467 

453 

418 

  Europe

1,602 

1,446 

1,501 

1,550 

1,570 

  Asia Pacific

1,109 

1,223 

1,307 

1,304 

1,143 

  Other Non-U.S.

302 

288 

291 

305 

254 

Total refinery throughput

5,193 

5,180 

5,298 

5,364 

5,192 

 

 

 

 

 

 

Petroleum product sales, kbd

  United States

2,488 

2,475 

2,581 

2,555 

2,521 

  Canada

441 

447 

475 

459 

435 

  Europe

1,634 

1,533 

1,576 

1,646 

1,612 

  Asia Pacific

1,140 

1,218 

1,277 

1,278 

1,183 

  Other Non-U.S.

628 

594 

646 

657 

553 

Total petroleum product sales

6,331 

6,267 

6,555 

6,595 

6,304 

 

 

 

 

 

 

  Gasolines, naphthas

2,498 

2,470 

2,615 

2,728 

2,565 

  Heating oils, kerosene, diesel

1,949 

2,034 

2,106 

1,949 

1,887 

  Aviation fuels

481 

464 

472 

526 

455 

  Heavy fuels

601 

555 

602 

597 

581 

  Specialty products

802 

744 

760 

795 

816 

Total petroleum product sales

6,331 

6,267 

6,555 

6,595 

6,304 

 

 

 

 

 

 

Chemical prime product sales, kt

  United States

 2,303 

 2,275 

 2,214 

 2,628 

 2,449 

  Non-U.S.

3,878 

4,047 

4,135 

3,930 

4,047 

Total chemical prime product sales

 6,181 

 6,322 

 6,349 

 6,558 

 6,496 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

2Q11 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

Supplemental Information (continued)

 

 

 

 

 

 

Average Realization Data

2Q11

1Q11

4Q10

3Q10

2Q10

United States

  ExxonMobil

    Crude ($/b)

105.27

92.55

80.89

70.69

73.13

    Natural Gas ($/kcf)

4.20

3.99

3.70

4.13

4.11

 

 

 

 

 

 

  Benchmarks

    WTI ($/b)

102.44

93.98

85.06

76.04

77.78

    ANS-WC ($/b)

115.41

102.53

85.82

76.37

78.30

    Henry Hub ($/mbtu)

4.32

4.11

3.80

4.38

4.09

 

 

 

 

 

 

Non-U.S.

  ExxonMobil

    Crude ($/b)

112.05

100.75

83.53

73.82

75.24

    Natural Gas ($/kcf)

8.31

8.17

7.24

6.26

5.83

    European NG ($/kcf)

9.80

9.19

8.23

7.41

6.35

 

 

 

 

 

 

  Benchmarks

    Brent ($/b)

117.36

104.97

86.48

76.86

78.30

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

Upstream

  United States

 4,075 

 2,080 

 2,453 

 2,352 

 772 

  Non-U.S.

5,361 

4,820 

6,346 

5,280 

4,570 

  Total

 9,436 

 6,900 

 8,799 

 7,632 

 5,342 

Downstream

  United States

 114 

 117 

 170 

 201 

 264 

  Non-U.S.

370 

333 

519 

357 

320 

  Total

 484 

 450 

 689 

 558 

 584 

Chemical

  United States

 65 

 56 

 83 

 62 

 66 

  Non-U.S.

287 

393 

435 

463 

492 

  Total

 352 

 449 

 518 

 525 

 558 

Other

 34 

 22 

 55 

 54 

 35 

 

 

 

 

 

 

Total Capital and Exploration Expenditures

 10,306 

 7,821 

 10,061 

 8,769 

 6,519 

 

 

 

 

 

 

Exploration Expense Charged to Income, $M

  Consolidated - United States

49 

63 

121 

62 

45 

                        - Non-U.S.

543 

270 

427 

437 

361 

  Non-consolidated - ExxonMobil share - United States

                                                                - Non-U.S.

Exploration Expenses Charged to Income Included Above

598 

335 

558 

501 

415 

 

 

 

 

 

 

Effective Income Tax Rate, %

45%

47%

43%

45%

43%

 

 

 

 

 

 

Common Shares Outstanding (millions)

  At quarter end

 4,862 

 4,926 

 4,979 

 5,043 

 5,092 

  Average - assuming dilution

 4,912 

 4,971 

 5,031 

 5,089 

 4,729 

 

 

 

 

 

 

Total Cash, Cash Equivalent and Marketable Securities ($G)1

10.3 

13.2 

8.5 

12.3 

13.3 

 

 

 

 

 

 

Total Debt ($G)

16.5 

15.9 

15.0 

18.3 

20.4 

 

 

 

 

 

 

Cash Flows from Operations and Asset Sales ($G)

  Net cash provided by operating activities

 12.9 

 16.9 

 13.0 

 13.1 

 9.3 

  Sales of subsidiaries, investments and PP&E

1.5 

1.3 

1.7 

0.8 

0.4 

  Cash flows from operations and asset sales

 14.4 

 18.2 

 14.7 

 13.9 

 9.7 

 

 

 

 

 

 

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

the second quarter of 2011.  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.

1 Includes restricted cash of $0.2G in 2Q11, $0.4G in 1Q11 and $0.6G in 4Q10

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

2Q11 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4)

 

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

2Q11 vs. 2Q10

2Q11 vs. 1Q11

 

 

 

Upstream

  Prior Period

5,336

8,675

 

 

 

    Realization

3,630

1,240

 

 

 

    Volume/Mix

-480

-1,060

 

 

 

    Other

60

-310

 

 

 

  Current Period

8,541

8,541

 

 

 

Downstream

  Prior Period

1,220

1,099

 

 

 

    Margin

60

350

 

 

 

    Volume/Mix

150

-50

 

 

 

    Other

-70

-40

 

 

 

  Current Period

1,356

1,356

 

 

 

Chemical

  Prior Period

1,368

1,516

 

 

 

    Margin

120

-80

 

 

 

    Volume/Mix

-90

-10

 

 

 

    Other

-80

-110

 

 

 

  Current Period

1,321

1,321

 

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, KOEBD

  Prior Period

3,996

4,820

 

 

 

    Entitlements

-101

-62

 

 

 

    Quotas

43

21

 

 

 

    Divestments

-42

-8

 

 

 

    Net Growth

500

-375

 

 

 

  Current Period

4,396

4,396

 

 

 

 

 

 

 

 

 

Sources and Uses of Funds ($G)

  2Q11 Beginning Cash / Marketable Securities

13.2

 

 

 

 

    Earnings

10.7

 

 

 

 

    Depreciation

3.9

 

 

 

 

    Working Capital / Other

-1.7

 

 

 

 

    Asset Sales

1.5

 

 

 

 

    Additions to PP&E

-7.8

 

 

 

 

    Shareholder Distributions

-7.3

 

 

 

 

    Additional Financing / Investing

-2.2

 

 

 

 

  2Q11 Ending Cash / Marketable Securities

10.3

 

 

 

 

 

 

 

 

 

 

Note: earnings exclude special items, if applicable.

Note: beginning and ending balances include restricted cash of $0.4G and $0.2G, respectively.