Second quarter 2017 earnings call Jeff Woodbury Vice President, Investor Relations and Secretary July 28, 2017
Second quarter earnings of 3.4 billion, year-to-date earnings of 7.4 billion Remaining focused on business fundamentals Cash flow from operations and asset sales exceeded dividends and net investments Advancing key projects across…
Global economy maintained moderate growth in the quarter Brent Expansion accelerated in the U.S. and China /Barrel 75 Steady growth in Japan and the Eurozone Weakening price environment 50 Global rig count up 25 Refining…
Earnings 3.4 Earnings Per Share Diluted (dollars) 0.78 Shareholder Distributions 3.3 CAPEX 3.9 Cash Flow from Operations and Asset Sales1 7.1 Cash 4.0 Debt 41.9 Billions of dollars unless specified otherwise 1 Includes…
Beginning Cash 4.9 Earnings 3.4 Depreciation 4.7 7.1 Working Capital / Other (1.2) Proceeds Associated with Asset Sales 0.2 Shareholder Distributions (3.3) PP&E Adds / Investments and Advances1 (3.0) Debt / Other Financing (1.7)…
Earnings increased 1.7 billion on stronger Upstream and Downstream results and lower corporate charges Millions of Dollars 432 3,350 560 (232) 890 1,700 2Q16 U/S D/S Chem C&F 2Q17 7 ExxonMobil second quarter 2017…
Earnings decreased 660 million on weaker Upstream and Chemical results partly offset by lower corporate charges Millions of Dollars 4,010 (1,068) 325 3,350 269 (186) 1Q17 U/S D/S Chem C&F 2Q17 8 ExxonMobil second quarter…
Earnings up 890 million due to higher realizations Millions of Dollars 890 (140) 140 1,184 294 2Q16 Realization Vol/Mix Other 2Q17 9 ExxonMobil second quarter 2017 earnings call
Volumes down 0.9%: Liquids -61 kbd, natural gas +158 mcfd koebd 3,957 (77) (5) 47 3,922 Price, Spend, Liquids: +12 & Other: -76 Gas: +35 Net Interest: -1 2Q16 Entitlements Divestments Growth/ 2Q17 Other 10 ExxonMobil…
Earnings decreased 1.1 billion due to lower realizations, lower volumes, and asset management Millions of Dollars 2,252 (390) (250) (430) 1,184 1Q17 Realization Vol/Mix Other 2Q17 11 ExxonMobil second quarter 2017…
Earnings up 560 million due to improved margins, lower turnaround activity, and asset management Millions of Dollars 250 1,385 90 220 825 2Q16 Margin Vol/Mix Other 2Q17 13 ExxonMobil second quarter 2017 earnings call
Earnings up 269 million due to improved margins and increased sales Millions of Dollars 40 30 1,385 200 1,116 1Q17 Margin Vol/Mix Other 2Q17 14 ExxonMobil second quarter 2017 earnings call
Earnings decreased 232 million due to increased turnaround activities and lower commodity margins and sales Millions of Dollars 1,217 (40) (50) (140) 985 2Q16 Margin Vol/Mix Other 2Q17 15 ExxonMobil second quarter 2017…
Earnings decreased 186 million due to lower commodity margins and increased turnaround activities Millions of Dollars 1,171 (100) - (90) 985 1Q17 Margin Vol/Mix Other 2Q17 16 ExxonMobil second quarter 2017 earnings call
Growing portfolio value Captured new high-quality offshore blocks Australia, Equatorial Guinea, and Suriname Extended PNG Muruk discovery Completed tow-out of Hebron Platform Odoptu Stage 2 modules all safely delivered to…
High-potential exploration program on over 14 million gross acres Signed PSC for block 59 in Suriname Continuing 3D seismic acquisition Kaieteur Payara-2 success confirms 500 MOEB 2.3 2.8 BOEB of recoverable resource on Stabroek…
Start-up by 2020, less than 5 years after discovery Phase 1 final investment decision 2Q 2017 120 kbd FPSO developing 450 MBO Less than 10/oeb development cost 10% discounted cash flow return at 40/B Resource quality and…
Continuing to drive down costs while developing superior acreage position Northern Delaware Basin Acreage Top-tier investment returns in global portfolio More than 180 Midland horizontal wells producing 7/oeb unit development…
Progressing investments and strengthening the portfolio Completed Mont Belvieu polyethylene expansion Progressing new U.S. Gulf Coast steam cracker Expanding Singapore lubricants and basestocks Entering Mexico fuels market…
Growing chemical capacity in Asia Acquiring Acquiring assets of Jurong Aromatics Corporation Adds 1.4 MTA aromatics, 65 kbd fuels capacity Enhances manufacturing site integration Jurong Aromatics Corp plant site Captures product,…
Integrated cash flow supports distributions and funds investments YTD 2017 Sources and Uses of Cash Dividend Coverage Billions of Dollars Cash Build 0.3B Free Cash Flow 3 Asset Sales 0.8B Debt & Other 1.8B Dividends…
Focused on value growth YTD17 Earnings 7.4 Solid cash flow from operating activities Upstream production (MOEBD) 4.0 Strong integrated business performance CAPEX 8.1 Maintaining investment discipline Cash Flow from Operations…
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