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EX-99.1 - EXXON MOBIL CORPf8k2q991.htm



EXHIBIT 99.2

EXXON MOBIL CORPORATION

 

 

 

 

 

 

2Q12 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4)

 

Earnings, $M

2Q12

1Q12

4Q11

3Q11

2Q11

Upstream

  United States

678 

1,010 

1,184 

1,184 

1,449 

  Non-U.S.

7,680 

6,792 

7,645 

7,210 

7,092 

  Total

8,358 

7,802 

8,829 

8,394 

8,541 

Downstream

  United States

834 

603 

30 

810 

734 

  Non-U.S.

5,812 

983 

395 

769 

622 

  Total

6,646 

1,586 

425 

1,579 

1,356 

Chemical

  United States

494 

433 

383 

538 

625 

  Non-U.S.

955 

268 

160 

465 

696 

  Total

1,449 

701 

543 

1,003 

1,321 

 

 

 

 

 

 

Corporate and financing

(543)

(639)

(397)

(646)

(538)

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

15,910 

9,450 

9,400 

10,330 

10,680 

Earnings per common share (U.S. GAAP)

3.41 

2.00 

1.97 

2.13 

2.19 

Earnings per common share

 - assuming dilution (U.S. GAAP)

3.41 

2.00 

1.97 

2.13 

2.18 

 

 

 

 

 

 

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

678 

1,010 

1,184 

1,184 

1,449 

  Non-U.S.

7,680 

6,792 

7,645 

7,210 

7,092 

  Total

8,358 

7,802 

8,829 

8,394 

8,541 

Downstream

 

 

 

 

 

  United States

834 

603 

30 

810 

734 

  Non-U.S.

5,812 

983 

395 

769 

622 

  Total

6,646 

1,586 

425 

1,579 

1,356 

Chemical

  United States

494 

433 

383 

538 

625 

  Non-U.S.

955 

268 

160 

465 

696 

  Total

1,449 

701 

543 

1,003 

1,321 

 

 

 

 

 

 

Corporate and financing

(543)

(639)

(397)

(646)

(538)

Corporate total

15,910 

9,450 

9,400 

10,330 

10,680 

EPS excluding Special Items - assuming dilution

3.41 

2.00 

1.97 

2.13 

2.18 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

2Q12 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4)

 

Supplemental Information (continued)

 

 

 

 

 

 

Net production of crude oil and

2Q12

1Q12

4Q11

3Q11

2Q11

natural gas liquids, kbd

  United States

419 

426 

432 

405 

429 

  Canada/South America

243 

248 

247 

256 

240 

  Europe

213 

228 

257 

247 

273 

  Africa

514 

464 

468 

481 

522 

  Asia

766 

802 

800 

806 

834 

  Australia/Oceania

53 

46 

46 

54 

53 

Total liquids production

2,208 

2,214 

2,250 

2,249 

2,351 

 

 

 

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

  United States

3,897 

3,932 

4,005 

3,917 

3,842 

  Canada/South America

392 

377 

400 

381 

397 

  Europe

2,578 

4,447 

3,866 

2,471 

2,694 

  Africa

25 

12 

  Asia

4,379 

5,011 

5,103 

5,036 

4,961 

  Australia/Oceania

390 

257 

295 

387 

365 

Total natural gas production available for sale

11,661 

14,036 

13,677 

12,197 

12,267 

 

 

 

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

4,152 

4,553 

4,530 

4,282 

4,396 

 

 

 

 

 

 

Refinery throughput, kbd

  United States

1,740 

1,825 

1,839 

1,743 

1,783 

  Canada

384 

438 

433 

436 

397 

  Europe

1,489 

1,481 

1,526 

1,535 

1,602 

  Asia Pacific

1,064 

1,296 

1,157 

1,231 

1,109 

  Other Non-U.S.

285 

290 

295 

287 

302 

Total refinery throughput

4,962 

5,330 

5,250 

5,232 

5,193 

 

 

 

 

 

 

Petroleum product sales, kbd

  United States

2,488 

2,473 

2,579 

2,577 

2,488 

  Canada

421 

423 

463 

469 

441 

  Europe

1,582 

1,564 

1,592 

1,623 

1,634 

  Asia Pacific

1,065 

1,232 

1,221 

1,237 

1,140 

  Other Non-U.S.

615 

624 

638 

652 

628 

Total petroleum product sales

6,171 

6,316 

6,493 

6,558 

6,331 

 

 

 

 

 

 

  Gasolines, naphthas

2,489 

2,522 

2,626 

2,568 

2,498 

  Heating oils, kerosene, diesel

1,915 

2,096 

2,080 

2,013 

1,949 

  Aviation fuels

452 

458 

492 

532 

481 

  Heavy fuels

554 

505 

568 

628 

601 

  Specialty products

761 

735 

727 

817 

802 

Total petroleum product sales

6,171 

6,316 

6,493 

6,558 

6,331 

 

 

 

 

 

 

Chemical prime product sales, kt

  United States

 2,296 

 2,365 

 2,392 

 2,280 

 2,303 

  Non-U.S.

3,676 

3,972 

3,879 

3,952 

3,878 

Total chemical prime product sales

 5,972 

 6,337 

 6,271 

 6,232 

 6,181 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

2Q12 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

Supplemental Information (continued)

 

 

 

 

 

 

Average Realization Data

2Q12

1Q12

4Q11

3Q11

2Q11

United States

  ExxonMobil

    Crude ($/b)

96.46

105.68

102.63

95.58

105.27

    Natural Gas ($/kcf)

2.20

2.74

3.44

4.14

4.20

 

 

 

 

 

 

  Benchmarks

    WTI ($/b)

93.44

102.99

94.07

89.70

102.44

    ANS-WC ($/b)

110.01

118.31

110.36

111.74

115.41

    Henry Hub ($/mbtu)

2.21

2.72

3.54

4.20

4.32

 

 

 

 

 

 

Non-U.S.

  ExxonMobil

    Crude ($/b)

103.41

114.27

106.10

107.32

112.05

    Natural Gas ($/kcf)

9.33

9.44

9.18

8.28

8.31

    European NG ($/kcf)

9.67

10.11

10.18

9.47

9.80

 

 

 

 

 

 

  Benchmarks

    Brent ($/b)

108.19

118.49

109.31

113.46

117.36

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

Upstream

  United States

 2,662 

 2,422 

 2,414 

 2,172 

 4,075 

  Non-U.S.

5,731 

5,657 

6,589 

5,580 

5,361 

  Total

 8,393 

 8,079 

 9,003 

 7,752 

 9,436 

Downstream

  United States

 176 

 110 

 152 

 135 

 114 

  Non-U.S.

393 

329 

493 

406 

370 

  Total

 569 

 439 

 645 

 541 

 484 

Chemical

  United States

 95 

 74 

 93 

 76 

 65 

  Non-U.S.

273 

239 

235 

245 

287 

  Total

 368 

 313 

 328 

 321 

 352 

Other

 9 

 3 

 43 

 6 

 34 

 

 

 

 

 

 

Total Capital and Exploration Expenditures

 9,339 

 8,834 

 10,019 

 8,620 

 10,306 

 

 

 

 

 

 

Exploration Expense Charged to Income, $M

  Consolidated - United States

83 

103 

88 

68 

49 

                        - Non-U.S.

288 

417 

332 

657 

543 

  Non-consolidated - ExxonMobil share - United States

                                                               - Non-U.S.

Exploration Expenses Charged to Income Included Above

375 

527 

432 

728 

598 

 

 

 

 

 

 

Effective Income Tax Rate, %

36%

49%

47%

47%

45%

 

 

 

 

 

 

Common Shares Outstanding (millions)

  At quarter end

 4,616 

 4,676 

 4,734 

 4,793 

 4,862 

  Average - assuming dilution

 4,657 

 4,716 

 4,775 

 4,843 

 4,912 

 

 

 

 

 

 

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

18.0 

19.1 

13.1 

11.3 

10.3 

 

 

 

 

 

 

Total Debt ($G)

15.6 

15.7 

17.0 

16.8 

16.5 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales ($G)

  Net cash provided by operating activities

 10.2 

 19.3 

 10.7 

 14.9 

 12.9 

  Proceeds associated with asset sales

3.7 

2.5 

6.9 

1.4 

1.5 

  Cash flow from operations and asset sales

 13.9 

 21.8 

 17.6 

 16.3 

 14.4 

 

 

 

 

 

 

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

the second quarter of 2012.  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 2Q12, $0.5G in 1Q12, $0.4G in 4Q11, $0.2G in 3Q11, and $0.2G in 2Q11

 

 

 

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

2Q12 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4)

 

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

2Q12 vs. 2Q11

2Q12 vs. 1Q12

 

 

 

Upstream

  Prior Period

8,541

7,802

 

 

 

    Realization

-870

-720

 

 

 

    Volume/Mix

-330

-480

 

 

 

    Other

1,020

1,760

 

 

 

  Current Period

8,358

8,358

 

 

 

Downstream

  Prior Period

1,356

1,586

 

 

 

    Margin

650

1,090

 

 

 

    Volume/Mix

20

-310

 

 

 

    Other

4,620

4,280

 

 

 

  Current Period

6,646

6,646

 

 

 

Chemical

  Prior Period

1,321

701

 

 

 

    Margin

-150

160

 

 

 

    Volume/Mix

-100

-70

 

 

 

    Other

380

660

 

 

 

  Current Period

1,449

1,449

 

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, KOEBD

  Prior Period

4,396

4,553

 

 

 

    Entitlements

-168

-65

 

 

 

    Quotas

2

12

 

 

 

    Divestments

-62

-1

 

 

 

    Net Growth

-16

-347

 

 

 

  Current Period

4,152

4,152

 

 

 

 

 

 

 

 

 

Sources and Uses of Funds ($G)

2Q12

 

 

 

 

  Beginning Cash

19.1

 

 

 

 

    Earnings

15.9

 

 

 

 

    Depreciation

3.9

 

 

 

 

    Working Capital/ Other

-9.6

 

 

 

 

    Proceeds Associated with Asset Sales

3.7

 

 

 

 

    Additions to PP&E

-8.3

 

 

 

 

    Shareholder Distributions

-7.7

 

 

 

 

    Additional Financing / Investing

1.0

 

 

 

 

  Ending Cash

18.0

 

 

 

 

 

 

 

 

 

 

Notes:

Earnings exclude special items, if applicable.

The 2Q12 beginning and ending balances include restricted cash of $0.5G and $0.2G, respectively.