Third quarter 2017 earnings call Jeff Woodbury Vice President, Investor Relations and Secretary October 27, 2017
Third quarter earnings of 4.0 billion, year-to-date earnings of 11.3 billion Solid business performance Cash flow continues to exceed dividends and net investments1 Safely minimized business disruptions from Hurricane Harvey…
Modest global economic growth in the quarter Brent Eurozone, Japan, and U.S. growth eased /Barrel China growth steady 75 Oil prices up, gas flat to down 50 Global rig count slightly up Refining margins improved 25…
Earnings 4.0 Earnings Per Share Diluted (dollars) 0.93 Shareholder Distributions 3.3 CAPEX 6.0 Cash Flow from Operations and Asset Sales1 8.4 Cash 4.3 Debt 40.6 Billions of dollars unless specified otherwise 1 Includes…
Beginning Cash 4.0 Earnings 4.0 Depreciation 4.9 8.4 Working Capital / Other (1.4) Proceeds Associated with Asset Sales 0.9 Shareholder Distributions (3.3) PP&E Adds / Investments and Advances1 (3.4) Debt / Other Financing (1.4)…
Earnings increased 1.3 billion on stronger Upstream and Downstream results and lower corporate charges Millions of Dollars 303 (79) 149 3,970 947 2,650 3Q16 U/S D/S Chem C&F 3Q17 7 ExxonMobil third quarter 2017 earnings…
Earnings up 947 million due to higher realizations Millions of Dollars 70 1,567 860 20 620 3Q16 Realization Vol/Mix Other 3Q17 8 ExxonMobil third quarter 2017 earnings call
Volumes up 2%: Liquids +69 kbd, natural gas -16 mcfd koebd 3,811 (15) (5) 87 3,878 Price, Spend, Liquids: +94 & Other: -14 Gas: -7 Net Interest: -1 3Q16 Entitlements Divestments Growth/ 3Q17 Other 9 ExxonMobil third…
Earnings up 303 million driven by higher margins partly offset by Harvey impacts and lower asset management activity Millions of Dollars 1,010 (160) (550) 1,532 1,229 3Q16 Margin Vol/Mix Other 3Q17 10 ExxonMobil third…
Earnings decreased 79 million due to lower commodity margins partially offset by increased product sales Millions of Dollars 1,171 (200) 120 - 1,092 3Q16 Margin Vol/Mix Other 3Q17 11 ExxonMobil third quarter 2017 earnings…
Focused on the safety of our operations, people, and communities Safely shut down and re-started refining and chemical operations in Baytown, Mont Belvieu, and Beaumont Limited impact on Upstream operations 3Q17 estimated…
Growing high-potential portfolio Guyana: Turbot discovery proves new play, additional potential Brazil Sergipe-Alagoas Plan to spud Ranger well end of October Farfan Brazil: Secured material position in deepwater ExxonMobil…
Growing core acreage and business integration through attractive transactions Additional Permian bolt-on acreage captured Adds 22,000 operated acres Capital-efficient development with long laterals Increasing Permian position…
Ramping up in key liquids plays Net production Delaware, Midland, and Bakken Currently 20 operated rigs in Permian KOEBD Increasing to 30 operated rigs by YE2018 800 Actual production High-side flexibility Contiguous acreage…
Integrated cash flow supports distributions and funds investments YTD 2017 Sources and Uses of Cash Dividend Coverage Cash Build Billions of Dollars 0.6B Asset Sales 1.7B Free Cash Flow 3 Debt & Other 3.2B Financing1…
Focused on value growth YTD17 Cash Flow from Operations and Asset Sales1 24.4 Solid cash flow from strong integrated business Earnings 11.3 Captured high-potential opportunities Upstream production (MOEBD) 4.0 Maintaining…
Q&A
Supplemental material 19
Earnings increased 620 million on stronger results across all business segments Millions of Dollars 147 107 (17) 3,970 383 3,350 2Q17 U/S D/S Chem C&F 3Q17 20 ExxonMobil third quarter 2017 earnings call
Earnings increased 383 million due to higher realizations, reduced downtime, and asset management activity Millions of Dollars 100 1,567 70 210 1,184 2Q17 Realization Vol/Mix Other 3Q17 21 ExxonMobil third quarter 2017…
Earnings up 147 million from improved margins partly offset by Harvey impacts and lower asset management activity Millions of Dollars 520 (70) (300) 1,532 1,385 2Q17 Margin Vol/Mix Other 3Q17 23 ExxonMobil third quarter…
Earnings increased 107 million driven by higher volumes and lower expenses partially offset by lower margins Millions of Dollars 100 1,092 985 (110) 120 2Q17 Margin Vol/Mix Other 3Q17 24 ExxonMobil third quarter 2017…
Loading...
