Third Quarter 2012 Earnings Call November 1, 2012 David Rosenthal Vice President Investor Relations & Secretary
Business Environment Global economic uncertainty continued in the third quarter with further weakness in Europe and Japan U.S. GDP showed marginal improvement Chinas growth rate decline moderated versus prior quarters Higher…
3Q12 Financial Results Achieved strong results while investing for the long term Earnings 9.6 Earnings Per Share Diluted (dollars) 2.09 Shareholder Distributions 7.6 CAPEX 9.2 Cash Flow from Ops and Asset Sales* 14.0 Cash…
3Q12 Sources and Uses of Funds Superior cash generation provides ability to fund robust projects, return cash to shareholders, and maintain financial flexibility Beginning Cash 18.0 Earnings 9.6 Depreciation 4.0 14.0 Working…
Total Earnings 3Q12 vs. 3Q11 Earnings decreased by 760M, primarily due to lower gains from asset sales and lower upstream volumes partly offset by higher refining margins Millions of Dollars 10,330 (2,421) 1,611 (213) 263…
Total Earnings 3Q12 vs. 2Q12 Earnings decreased by 6.3B primarily due to lower gains on asset sales Millions of Dollars 15,910 (2,385) (3,456) (659) 160 9,570 2Q12 U/S D/S Chem C&F 3Q12 Note: earnings exclude special…
Upstream Major Projects Advanced global portfolio of high-quality projects Nigeria Satellites Phase 1 project on track for first oil in 4Q 2012 Kearl Initial Development phased start-up activities underway PNG…
Upstream Gulf of Mexico Advanced opportunities in the Gulf of Mexico Drilled two Hadrian North appraisal wells Active Exploration drilling program Hummer Shallow Phobos Thorn Deepwater Champion Hadrian 7 9
Upstream Black Sea Established a material acreage position in the northern Black Sea Domino Ukraine Discovery Awarded Skifska Block Tender Ukraine Negotiating JOA and PSA Romania Russia Romania Skifska Preparing for 3D…
Upstream Russia Arctic and West Siberia Exploration Progressed Strategic Cooperation Agreement with Rosneft Kara Sea exploration activities Completed Kara Sea 3D seismic acquisition West Siberia Basin Boundary Completed…
Upstream Unconventional Liquids Continued focus on high-potential, liquids-rich opportunities United States Bakken Signed agreement which will increase position to nearly 600,000 net acres Woodford Ardmore - Advanced…
Upstream Earnings 3Q12 vs. 3Q11 Earnings decreased 2.4B primarily due to lower gains on asset sales and lower volumes Millions of Dollars 8,394 (130) (700) (1,600) 5,973 3Q11 Realization Vol/Mix Other 3Q12 Note:…
Upstream Volumes 3Q12 vs. 3Q11 Volumes decreased 7.5%: liquids -133 kbd, natural gas -1,136 mcfd koebd 4,282 (144) 9 (62) (125) 3,960 3Q11 Entitlements Quotas Divestments Net Growth 3Q12 14
Upstream Earnings 3Q12 vs. 2Q12 Earnings decreased 2.4B reflecting lower gains on asset sales and lower volumes, partly offset by stronger realizations Millions of Dollars 340 (540) 8,358 (2,180) 5,973 2Q12 Realization…
Upstream Volumes 3Q12 vs. 2Q12 Volumes decreased 4.6%: liquids -92 kbd, natural gas -600 mcfd koebd 4,152 (39) (1) (1) (151) 3,960 2Q12 Entitlements Quotas Divestments Net Growth 3Q12 16
Upstream 2012 Volumes Year-to-date volumes below outlook Volumes (koebd) Operational performance 4,300 approximately 1% below outlook Higher prices and divestments Est. 3QYTD Analyst Mtg. 4,200 impacting volumes 3QYTD…
Downstream Earnings 3Q12 vs. 3Q11 Earnings increased 1.6B due to improved margins, gains on assets sales, and forex Millions of Dollars 780 3,190 850 (20) 1,579 3Q11 Margin Vol/Mix Other 3Q12 Note: earnings exclude…
Downstream Earnings 3Q12 vs. 2Q12 Earnings decreased 3.5B due to lower gains on asset sales partly offset by improved refining margins Millions of Dollars 300 (4,410) 650 6,646 3,190 2Q12 Margin Vol/Mix Other 3Q12…
Chemical Earnings 3Q12 vs. 3Q11 Earnings decreased 213M primarily due to weaker margins Millions of Dollars 1,003 (150) (10) (50) 790 3Q11 Margin Vol/Mix Other 3Q12 Note: earnings exclude special items, if applicable. See…
Chemical Earnings 3Q12 vs. 2Q12 Earnings decreased 659M due to lower gains on asset sales and weaker margins Millions of Dollars 1,449 (90) 20 (590) 790 2Q12 Margin Vol/Mix Other 3Q12 Note: earnings exclude special…
Summary ExxonMobils strong financial and operating performance reflects the value of our integrated business model and competitive advantages Billions 3Q12 ExxonMobil possesses unique competitive advantages that create Earnings 9.6…
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