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EX-99.1 - EXXON MOBIL CORPf8k4q991.htm



EXHIBIT 99.2

EXXON MOBIL CORPORATION

 

 

 

 

 

 

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

 

Earnings, $M

4Q11

3Q11

2Q11

1Q11

4Q10

Upstream

  United States

1,184 

1,184 

1,449 

1,279 

1,317 

  Non-U.S.

7,645 

7,210 

7,092 

7,396 

6,163 

  Total

8,829 

8,394 

8,541 

8,675 

7,480 

Downstream

  United States

30 

810 

734 

694 

226 

  Non-U.S.

395 

769 

622 

405 

924 

  Total

425 

1,579 

1,356 

1,099 

1,150 

Chemical

  United States

383 

538 

625 

669 

522 

  Non-U.S.

160 

465 

696 

847 

545 

  Total

543 

1,003 

1,321 

1,516 

1,067 

 

 

 

 

 

 

Corporate and financing

(397)

(646)

(538)

(640)

(447)

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

9,400 

10,330 

10,680 

10,650 

9,250 

Earnings per common share (U.S. GAAP)

1.97 

2.13 

2.19 

2.14 

1.86 

Earnings per common share

 - assuming dilution (U.S. GAAP)

1.97 

2.13 

2.18 

2.14 

1.85 

 

 

 

 

 

 

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

1,184 

1,184 

1,449 

1,279 

1,317 

  Non-U.S.

7,645 

7,210 

7,092 

7,396 

6,163 

  Total

8,829 

8,394 

8,541 

8,675 

7,480 

Downstream

 

 

 

 

 

  United States

30 

810 

734 

694 

226 

  Non-U.S.

395 

769 

622 

405 

924 

  Total

425 

1,579 

1,356 

1,099 

1,150 

Chemical

  United States

383 

538 

625 

669 

522 

  Non-U.S.

160 

465 

696 

847 

545 

  Total

543 

1,003 

1,321 

1,516 

1,067 

 

 

 

 

 

 

Corporate and financing

(397)

(646)

(538)

(640)

(447)

Corporate total

9,400 

10,330 

10,680 

10,650 

9,250 

EPS excluding Special Items - assuming dilution

1.97 

2.13 

2.18 

2.14 

1.85 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

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

 

Supplemental Information (continued)

 

 

 

 

 

 

Net production of crude oil and

4Q11

3Q11

2Q11

1Q11

4Q10

natural gas liquids, kbd

  United States

432 

405 

429 

428 

455 

  Canada/South America

247 

256 

240 

262 

266 

  Europe

257 

247 

273 

306 

335 

  Africa

468 

481 

522 

561 

618 

  Asia

800 

806 

834 

792 

800 

  Australia/Oceania

46 

54 

53 

50 

52 

Total liquids production

2,250 

2,249 

2,351 

2,399 

2,526 

 

 

 

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

  United States

4,005 

3,917 

3,842 

3,904 

3,869 

  Canada/South America

400 

381 

397 

468 

564 

  Europe

3,866 

2,471 

2,694 

4,783 

4,596 

  Africa

  Asia

5,103 

5,036 

4,961 

5,089 

5,350 

  Australia/Oceania

295 

387 

365 

275 

264 

Total natural gas production available for sale

13,677 

12,197 

12,267 

14,525 

14,652 

 

 

 

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

4,530 

4,282 

4,396 

4,820 

4,968 

 

 

 

 

 

 

Refinery throughput, kbd

  United States

1,839 

1,743 

1,783 

1,771 

1,732 

  Canada

433 

436 

397 

452 

467 

  Europe

1,526 

1,535 

1,602 

1,446 

1,501 

  Asia Pacific

1,157 

1,231 

1,109 

1,223 

1,307 

  Other Non-U.S.

295 

287 

302 

288 

291 

Total refinery throughput

5,250 

5,232 

5,193 

5,180 

5,298 

 

 

 

 

 

 

Petroleum product sales, kbd

  United States

2,579 

2,577 

2,488 

2,475 

2,581 

  Canada

463 

469 

441 

447 

475 

  Europe

1,592 

1,623 

1,634 

1,533 

1,576 

  Asia Pacific

1,221 

1,237 

1,140 

1,218 

1,277 

  Other Non-U.S.

638 

652 

628 

594 

646 

Total petroleum product sales

6,493 

6,558 

6,331 

6,267 

6,555 

 

 

 

 

 

 

  Gasolines, naphthas

2,626 

2,568 

2,498 

2,470 

2,615 

  Heating oils, kerosene, diesel

2,080 

2,013 

1,949 

2,034 

2,106 

  Aviation fuels

492 

532 

481 

464 

472 

  Heavy fuels

568 

628 

601 

555 

602 

  Specialty products

727 

817 

802 

744 

760 

Total petroleum product sales

6,493 

6,558 

6,331 

6,267 

6,555 

 

 

 

 

 

 

Chemical prime product sales, kt

  United States

 2,392 

 2,280 

 2,303 

 2,275 

 2,214 

  Non-U.S.

3,879 

3,952 

3,878 

4,047 

4,135 

Total chemical prime product sales

 6,271 

 6,232 

 6,181 

 6,322 

 6,349 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

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

 

Supplemental Information (continued)

 

 

 

 

 

 

Average Realization Data

4Q11

3Q11

2Q11

1Q11

4Q10

United States

  ExxonMobil

    Crude ($/b)

102.63

95.58

105.27

92.55

80.89

    Natural Gas ($/kcf)

3.44

4.14

4.20

3.99

3.70

 

 

 

 

 

 

  Benchmarks

    WTI ($/b)

94.07

89.70

102.44

93.98

85.06

    ANS-WC ($/b)

110.36

111.74

115.41

102.53

85.82

    Henry Hub ($/mbtu)

3.54

4.20

4.32

4.11

3.80

 

 

 

 

 

 

Non-U.S.

  ExxonMobil

    Crude ($/b)

106.10

107.32

112.05

100.75

83.53

    Natural Gas ($/kcf)

9.18

8.28

8.31

8.17

7.24

    European NG ($/kcf)

10.18

9.47

9.80

9.19

8.23

 

 

 

 

 

 

  Benchmarks

    Brent ($/b)

109.31

113.46

117.36

104.97

86.48

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

Upstream

  United States

 2,414 

 2,172 

 4,075 

 2,080 

 2,453 

  Non-U.S.

6,589 

5,580 

5,361 

4,820 

6,346 

  Total

 9,003 

 7,752 

 9,436 

 6,900 

 8,799 

Downstream

  United States

 152 

 135 

 114 

 117 

 170 

  Non-U.S.

493 

406 

370 

333 

519 

  Total

 645 

 541 

 484 

 450 

 689 

Chemical

  United States

 93 

 76 

 65 

 56 

 83 

  Non-U.S.

235 

245 

287 

393 

435 

  Total

 328 

 321 

 352 

 449 

 518 

Other

 43 

 6 

 34 

 22 

 55 

 

 

 

 

 

 

Total Capital and Exploration Expenditures

 10,019 

 8,620 

 10,306 

 7,821 

 10,061 

 

 

 

 

 

 

Exploration Expense Charged to Income, $M

  Consolidated - United States

88 

68 

49 

63 

121 

                        - Non-U.S.

332 

657 

543 

270 

427 

  Non-consolidated - ExxonMobil share - United States

                                                               - Non-U.S.

Exploration Expenses Charged to Income Included Above

432 

728 

598 

335 

558 

 

 

 

 

 

 

Effective Income Tax Rate, %

47%

47%

45%

47%

43%

 

 

 

 

 

 

Common Shares Outstanding (millions)

  At quarter end

 4,734 

 4,793 

 4,862 

 4,926 

 4,979 

  Average - assuming dilution

 4,775 

 4,843 

 4,912 

 4,971 

 5,031 

 

 

 

 

 

 

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

13.1 

11.3 

10.3 

13.2 

8.5 

 

 

 

 

 

 

Total Debt ($G)

17.0 

16.8 

16.5 

15.9 

15.0 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales ($G)

  Net cash provided by operating activities

 10.7 

 14.9 

 12.9 

 16.9 

 13.0 

  Proceeds associated with asset sales

6.9 

1.4 

1.5 

1.3 

1.7 

  Cash flow from operations and asset sales

 17.6 

 16.3 

 14.4 

 18.2 

 14.7 

 

 

 

 

 

 

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

the fourth 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 $0.4G in 4Q11, $0.2G in 3Q11, $0.2G in 2Q11, $0.4G in 1Q11 and $0.6G in 4Q10

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

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

 

 

Earnings Factor Analysis, $M

4Q11  vs. 4Q10

4Q11  vs. 3Q11

2011  vs.   2010

 

 

Upstream

  Prior Period

7,480

8,394

24,097

 

 

    Realization

1,990

190

10,650

 

 

    Volume/Mix

-1,450

50

-2,520

 

 

    Other

810

190

2,210

 

 

  Current Period

8,829

8,829

34,439

 

 

Downstream

  Prior Period

1,150

1,579

3,567

 

 

    Margin

-740

-1,570

800

 

 

    Volume/Mix

-30

60

630

 

 

    Other

40

360

-540

 

 

  Current Period

425

425

4,459

 

 

Chemical

  Prior Period

1,067

1,003

4,913

 

 

    Margin

-230

-390

260

 

 

    Volume/Mix

-40

10

-180

 

 

    Other

-250

-80

-610

 

 

  Current Period

543

543

4,383

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, KOEBD

  Prior Period

4,968

4,282

4,447

 

 

    Entitlements

-200

31

-124

 

 

    Quotas

28

0

32

 

 

    Divestments

-52

-17

-43

 

 

    Net Growth

-214

234

194

 

 

  Current Period

4,530

4,530

4,506

 

 

 

 

 

 

 

 

Sources and Uses of Funds ($G)

4Q11

2011

 

 

 

Beginning Cash / Marketable Securities

11.3

8.5

 

 

 

Earnings

9.4

41.1

 

 

 

Depreciation

4.1

15.6

 

 

 

Working Capital / Other

-2.8

-1.3

 

 

 

Proceeds Associated with Asset Sales

6.9

11.1

 

 

 

Additions to PP&E

-8.6

-31.0

 

 

 

Shareholder Distributions

-7.2

-29.0

 

 

 

Additional Financing / Investing

0.0

-1.9

 

 

 

Ending Cash / Marketable Securities

13.1

13.1

 

 

 

 

 

 

 

 

 

Notes:

Earnings exclude special items, if applicable.

The 4Q11 beginning and ending balances include restricted cash of $0.2G and $0.4G, respectively.

The 2011 beginning and ending balances include restricted cash of $0.6G and $0.4G, respectively.

The 4Q11 ending balance includes cash on deposit for potential asset sales.