Attached files
| file | filename |
|---|---|
| EX-99.1 - NEWS RELEASE - EXXON MOBIL CORP | f8k4q991.htm |
| 8-K - FORM 8-K - EXXON MOBIL CORP | r8k020119.htm |
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EXXON MOBIL CORPORATION |
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EXHIBIT 99.2 |
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4Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4) |
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Earnings, $M |
4Q18 |
3Q18 |
2Q18 |
1Q18 |
4Q17 |
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Upstream |
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United States |
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265 |
606 |
439 |
429 |
7,061 |
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Non-U.S. |
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3,048 |
3,623 |
2,601 |
3,068 |
1,291 |
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Total |
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3,313 |
4,229 |
3,040 |
3,497 |
8,352 |
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Downstream |
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United States |
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987 |
961 |
695 |
319 |
918 |
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Non-U.S. |
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1,717 |
681 |
29 |
621 |
646 |
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Total |
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2,704 |
1,642 |
724 |
940 |
1,564 |
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Chemical |
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United States |
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282 |
404 |
453 |
503 |
777 |
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Non-U.S. |
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455 |
309 |
437 |
508 |
493 |
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Total |
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737 |
713 |
890 |
1,011 |
1,270 |
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Corporate and financing |
(754) |
(344) |
(704) |
(798) |
(2,806) |
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Net income attributable to ExxonMobil (U.S. GAAP) |
6,000 |
6,240 |
3,950 |
4,650 |
8,380 |
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Earnings per common share (U.S. GAAP) |
1.41 |
1.46 |
0.92 |
1.09 |
1.97 |
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Earnings per common share |
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- assuming dilution (U.S. GAAP) |
1.41 |
1.46 |
0.92 |
1.09 |
1.97 |
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Exploration expenses, including dry holes |
555 |
292 |
332 |
287 |
703 |
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Capital and Exploration Expenditures, $M |
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Upstream |
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United States |
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2,630 |
2,040 |
1,752 |
1,248 |
1,158 |
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Non-U.S. |
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3,620 |
3,290 |
3,103 |
2,511 |
6,457 |
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Total |
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6,250 |
5,330 |
4,855 |
3,759 |
7,615 |
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Downstream |
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United States |
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325 |
297 |
346 |
218 |
264 |
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Non-U.S. |
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541 |
422 |
884 |
396 |
518 |
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Total |
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866 |
719 |
1,230 |
614 |
782 |
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Chemical |
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United States |
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579 |
411 |
414 |
343 |
389 |
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Non-U.S. |
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132 |
115 |
119 |
122 |
167 |
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Total |
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711 |
526 |
533 |
465 |
556 |
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Other |
16 |
11 |
9 |
29 |
46 |
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Total Capital and Exploration Expenditures |
7,843 |
6,586 |
6,627 |
4,867 |
8,999 |
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Effective Income Tax Rate, % |
32% |
34% |
44% |
40% |
-139% |
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Common Shares Outstanding, millions |
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At quarter end |
4,237 |
4,234 |
4,234 |
4,234 |
4,239 |
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Average - assuming dilution |
4,270 |
4,271 |
4,271 |
4,270 |
4,270 |
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Total Cash and Cash Equivalents, $B |
3.0 |
5.7 |
3.4 |
4.1 |
3.2 |
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Total Debt, $B |
37.8 |
40.0 |
41.2 |
40.6 |
42.3 |
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Cash Flow from Operations and Asset Sales, $B |
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Net cash provided by operating activities |
8.6 |
11.1 |
7.8 |
8.5 |
7.4 |
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Proceeds associated with asset sales |
0.9 |
1.5 |
0.3 |
1.4 |
1.4 |
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Cash flow from operations and asset sales |
9.5 |
12.6 |
8.1 |
9.9 |
8.8 |
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EXXON MOBIL CORPORATION |
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4Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4) |
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Net production of crude oil, natural gas |
4Q18 |
3Q18 |
2Q18 |
1Q18 |
4Q17 |
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liquids, bitumen and synthetic oil, kbd |
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United States |
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583 |
555 |
543 |
523 |
525 |
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Canada / Other Americas |
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474 |
454 |
391 |
427 |
426 |
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Europe |
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122 |
127 |
136 |
145 |
155 |
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Africa |
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376 |
387 |
410 |
376 |
403 |
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Asia |
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745 |
706 |
686 |
706 |
690 |
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Australia / Oceania |
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48 |
57 |
46 |
39 |
52 |
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Total liquids production |
2,348 |
2,286 |
2,212 |
2,216 |
2,251 |
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Natural gas production available for sale, mcfd |
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United States |
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2,581 |
2,549 |
2,591 |
2,576 |
2,753 |
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Canada / Other Americas |
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247 |
224 |
226 |
211 |
240 |
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Europe |
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1,943 |
1,004 |
1,136 |
2,542 |
2,266 |
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Africa |
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16 |
16 |
9 |
9 |
6 |
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Asia |
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3,804 |
3,685 |
3,393 |
3,568 |
3,855 |
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Australia / Oceania |
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1,383 |
1,523 |
1,258 |
1,132 |
1,321 |
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Total natural gas production available for sale |
9,974 |
9,001 |
8,613 |
10,038 |
10,441 |
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Total worldwide liquids and gas production, koebd |
4,010 |
3,786 |
3,647 |
3,889 |
3,991 |
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Refinery throughput, kbd |
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United States |
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1,661 |
1,644 |
1,529 |
1,518 |
1,379 |
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Canada |
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408 |
388 |
364 |
408 |
391 |
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Europe |
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1,366 |
1,446 |
1,384 |
1,495 |
1,509 |
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Asia Pacific |
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670 |
720 |
714 |
720 |
728 |
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Other Non-U.S. |
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193 |
194 |
114 |
152 |
200 |
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Total refinery throughput |
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4,298 |
4,392 |
4,105 |
4,293 |
4,207 |
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Petroleum product sales, kbd |
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United States |
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2,230 |
2,267 |
2,215 |
2,128 |
2,209 |
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Canada |
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516 |
527 |
514 |
484 |
501 |
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Europe |
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1,474 |
1,582 |
1,595 |
1,574 |
1,589 |
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Asia Pacific |
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825 |
824 |
814 |
795 |
819 |
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Other Non-U.S. |
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450 |
416 |
364 |
451 |
506 |
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Total petroleum product sales |
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5,495 |
5,616 |
5,502 |
5,432 |
5,624 |
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Gasolines, naphthas |
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2,183 |
2,255 |
2,216 |
2,215 |
2,353 |
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Heating oils, kerosene, diesel |
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1,915 |
1,837 |
1,781 |
1,828 |
1,878 |
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Aviation fuels |
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376 |
430 |
405 |
396 |
393 |
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Heavy fuels |
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387 |
411 |
432 |
346 |
370 |
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Specialty products |
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634 |
683 |
668 |
647 |
630 |
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Total petroleum product sales |
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5,495 |
5,616 |
5,502 |
5,432 |
5,624 |
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Chemical prime product sales, kt |
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United States |
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2,577 |
2,445 |
2,411 |
2,391 |
2,399 |
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Non-U.S. |
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4,095 |
4,232 |
4,441 |
4,277 |
4,383 |
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Total chemical prime product sales |
6,672 |
6,677 |
6,852 |
6,668 |
6,782 |
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EXXON MOBIL CORPORATION |
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4Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4) |
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Earnings Factor Analysis, $M |
4Q18 vs. 4Q17 |
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4Q18 vs. 3Q18 |
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2018 vs. 2017 |
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Upstream |
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Prior Period |
8,352 |
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4,229 |
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13,355 |
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Realization |
660 |
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-1,110 |
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7,040 |
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Volume / Mix |
180 |
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660 |
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-240 |
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Other |
-5,880 |
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-470 |
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-6,080 |
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U.S. Tax Reform and Impairments |
-6,230 |
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-670 |
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-5,790 |
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Foreign Exchange |
80 |
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100 |
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- |
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Other |
270 |
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100 |
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-290 |
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Current Period |
3,313 |
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3,313 |
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14,079 |
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Downstream |
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Prior Period |
1,564 |
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1,642 |
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5,597 |
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Margin |
550 |
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500 |
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660 |
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Volume / Mix |
730 |
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140 |
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650 |
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Downtime / Maintenance (Volume / Mix) |
410 |
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-180 |
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-70 |
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Yield / Sales Mix (Volume / Mix) |
320 |
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320 |
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720 |
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Other |
-140 |
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420 |
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-900 |
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U.S. Tax Reform and Impairments |
-640 |
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-10 |
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-640 |
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Downtime / Maintenance (Other) |
-280 |
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-280 |
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-460 |
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Divestment Gains |
680 |
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870 |
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490 |
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Foreign Exchange |
- |
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- |
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-290 |
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Yield / Sales Mix (Other) |
-120 |
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-250 |
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-460 |
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Other |
220 |
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90 |
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460 |
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Current Period |
2,704 |
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2,704 |
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6,010 |
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Chemical |
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Prior Period |
1,270 |
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713 |
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4,518 |
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Margin |
-350 |
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-110 |
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-910 |
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Volume / Mix |
80 |
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- |
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280 |
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Downtime / Maintenance (Volume / Mix) |
-20 |
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- |
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-40 |
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Sales |
100 |
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- |
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320 |
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Other |
-260 |
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130 |
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-540 |
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U.S. Tax Reform and Impairments |
-340 |
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-10 |
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-340 |
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Downtime / Maintenance (Other) |
-70 |
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- |
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-110 |
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Tax |
210 |
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210 |
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210 |
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Foreign Exchange |
- |
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- |
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140 |
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Other |
-60 |
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-70 |
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-440 |
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Current Period |
737 |
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737 |
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3,351 |
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Upstream Volume Factor Analysis, koebd |
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Prior Period |
3,991 |
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3,786 |
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3,985 |
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Entitlements / Divestments |
-115 |
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40 |
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-130 |
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Downtime / Maintenance |
- |
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30 |
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-20 |
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Seasonal Gas Demand |
- |
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130 |
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- |
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Growth / Decline / Other |
130 |
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25 |
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-5 |
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Current Period |
4,010 |
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4,010 |
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3,833 |
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Sources and Uses of Funds, $B |
4Q18 |
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Beginning Cash |
5.7 |
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Earnings |
6.0 |
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Depreciation |
5.0 |
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Working Capital / Other |
-2.4 |
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Proceeds Associated with Asset Sales |
0.9 |
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PP&E Adds / Investments and Advances1 |
-6.5 |
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Shareholder Distributions |
-3.5 |
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Debt / Other Financing |
-2.2 |
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Ending Cash |
3.0 |
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1 PP&E Adds / Investments and Advances includes PP&E adds of ($6.1B) and net advances of ($0.4B). |
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EXXON MOBIL CORPORATION |
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4Q18 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4) |
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Average Realization Data |
4Q18 |
3Q18 |
2Q18 |
1Q18 |
4Q17 |
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United States |
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ExxonMobil |
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Crude ($/b) |
54.50 |
64.06 |
64.87 |
60.07 |
54.12 |
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Natural Gas ($/kcf) |
3.64 |
2.75 |
2.57 |
2.91 |
2.70 |
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Benchmarks |
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WTI ($/b) |
59.09 |
69.71 |
68.00 |
62.88 |
55.35 |
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ANS-WC ($/b) |
68.65 |
75.37 |
73.89 |
67.16 |
61.42 |
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Henry Hub ($/mbtu) |
3.65 |
2.91 |
2.80 |
3.01 |
2.93 |
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Non-U.S. |
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ExxonMobil |
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Crude ($/b) |
53.74 |
66.64 |
66.35 |
57.78 |
55.55 |
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Natural Gas ($/kcf) |
8.18 |
7.36 |
6.88 |
6.70 |
5.77 |
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European NG ($/kcf) |
7.46 |
6.73 |
6.93 |
6.60 |
6.04 |
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Benchmarks |
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Brent ($/b) |
67.76 |
75.27 |
74.35 |
66.76 |
61.39 |
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The above numbers reflect ExxonMobil’s current estimate of volumes and realizations given data available as of the end of the fourth 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. |
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