EXHIBIT 99.2 EXXON MOBIL CORPORATION 1Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 3) =================================================
Net Income (U.S. GAAP), $M 1Q03 4Q02 3Q02 2Q02 1Q02 __________________________ ____ ____ ____ ____ ____ Upstream United States 1,259 757 642 677 448 Non-U.S. 4,434 2,245 1,635 1,553 1,641 ______ ______ ______ ______ ______ Total 5,693 3,002 2,277 2,230 2,089 Downstream United States 174 403 42 234 14 Non-U.S. 549 418 83 148 (42) ______ ______ ______ ______ ______ Total 723 821 125 382 (28) Chemicals United States 16 71 156 87 70 Non-U.S. 271 5 197 182 62 ______ ______ ______ ______ ______ Total 287 76 353 269 132 Corporate and financing (213) (109) (41) (222) (70) Merger expenses 0 (100) (85) (30) (60) ______ ______ ______ ______ ______ Income from continuing operations 6,490 3,690 2,629 2,629 2,063 Discontinued operations 0 400 11 11 27 Accounting change 550 0 0 0 0 ______ ______ ______ ______ ______ Net income (U.S. GAAP) 7,040 4,090 2,640 2,640 2,090 ====== ====== ====== ====== ====== Net income per common share (U.S. GAAP) 1.05 0.60 0.39 0.40 0.30 Net income per common share - assuming dilution (U.S. GAAP) 1.05 0.60 0.39 0.39 0.30 Merger Effects, Discontinued Operations, Accounting Change __________________________________________________________ and Other Special Items $M __________________________ Upstream United States 0 0 0 0 0 Non-U.S. 1,700 0 (215) 0 0 ______ ______ ______ ______ ______ Total 1,700 0 (215) 0 0 Downstream United States 0 0 0 0 0 Non-U.S. 0 0 0 0 0 ______ ______ ______ ______ ______ Total 0 0 0 0 0 Chemicals United States 0 0 0 0 0 Non-U.S. 0 0 0 0 0 ______ ______ ______ ______ ______ Total 0 0 0 0 0 Corporate and financing 0 0 0 0 0 Merger expenses 0 (100) (85) (30) (60) Discontinued operations 0 400 11 11 27 Accounting change 550 0 0 0 0 ______ ______ ______ ______ ______ Corporate total 2,250 300 (289) (19) (33) ====== ====== ====== ====== ====== Earnings Ex. Merger Effects, Discontinued Operations, Accounting Change _______________________________________________________________________ and Other Special Items $M __________________________ Upstream United States 1,259 757 642 677 448 Non-U.S. 2,734 2,245 1,850 1,553 1,641 ______ ______ ______ ______ ______ Total 3,993 3,002 2,492 2,230 2,089 Downstream United States 174 403 42 234 14 Non-U.S. 549 418 83 148 (42) ______ ______ ______ ______ ______ Total 723 821 125 382 (28) Chemicals United States 16 71 156 87 70 Non-U.S. 271 5 197 182 62 ______ ______ ______ ______ ______ Total 287 76 353 269 132 Corporate and financing (213) (109) (41) (222) (70) ______ ______ ______ ______ ______ Corporate total 4,790 3,790 2,929 2,659 2,123 ====== ====== ====== ====== ====== EPS ex Merger Effects/Discontinued Operations/Accounting Change/Special Items - assuming dilution 0.71 0.56 0.44 0.39 0.30
EXXON MOBIL CORPORATION 1Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 3) ================================================= Supplemental Information (continued) ____________________________________
1Q03 4Q02 3Q02 2Q02 1Q02 ____ ____ ____ ____ ____ Net production of crude oil and natural gas liquids, kbd United States 635 650 656 700 718 Canada 346 375 348 341 331 Europe 621 603 552 602 610 Asia-Pacific 231 246 273 254 268 Africa 414 352 354 348 344 Other Non-U.S. 259 271 270 250 270 ______ ______ _____ ______ ______ Total liquids production 2,506 2,497 2,453 2,495 2,541 Natural gas production available for sale, mcfd United States 2,369 2,264 2,374 2,373 2,492 Canada 931 987 1,020 1,024 1,064 Europe 6,321 5,782 3,065 3,324 5,694 Asia-Pacific 1,792 2,015 2,170 1,965 1,922 Other Non-U.S. 635 619 593 506 568 ______ ______ ______ ______ ______ Total natural gas production available for sale 12,048 11,667 9,222 9,192 11,740 Total worldwide liquids and gas production, koebd 4,514 4,442 3,990 4,027 4,498 Refinery throughput, kbd United States 1,683 1,811 1,807 1,871 1,847 Canada 447 446 467 435 441 Europe 1,464 1,548 1,529 1,554 1,526 Asia-Pacific 1,506 1,449 1,433 1,263 1,370 Other Non-U.S. 290 282 242 220 232 ______ ______ ______ ______ ______ Total refinery throughput 5,390 5,536 5,478 5,343 5,416 Petroleum product sales, kbd United States 2,573 2,810 2,724 2,678 2,712 Canada 613 622 596 579 573 Europe 1,988 2,097 2,034 2,045 1,990 Asia-Pacific 1,805 1,581 1,516 1,391 1,525 Other Non-U.S. 882 907 893 876 875 ______ ______ ______ ______ ______ Total petroleum product sales 7,861 8,017 7,763 7,569 7,675 Gasolines, napthas 3,035 3,224 3,253 3,143 3,083 Heating oils, kerosene, diesel 2,517 2,406 2,206 2,173 2,383 Aviation fuels 660 698 728 674 663 Heavy fuels 642 680 577 559 600 Specialty products 1,007 1,009 999 1,020 946 ______ ______ ______ ______ ______ Total petroleum product sales 7,861 8,017 7,763 7,569 7,675 Chemicals product revenue, $M United States $ 2,599 $ 2,247 $ 2,249 $ 2,379 $ 1,838 Non-U.S. 3,831 3,101 3,154 2,883 2,459 ______ ______ ______ ______ _____ Total chemicals product revenue $ 6,430 $ 5,348 $ 5,403 $ 5,262 $ 4,297 Chemicals prime product sales, kt United States 2,861 2,783 2,849 3,010 2,744 Non-U.S. 4,139 3,926 3,862 3,775 3,976 _______ ______ ______ ______ ______ Total chemicals prime product sales 7,000 6,709 6,711 6,785 6,720
EXXON MOBIL CORPORATION 1Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 3) ================================================= Supplemental Information (continued) ___________________________________
Average Realization Data 1Q03 4Q02 3Q02 2Q02 1Q02 ________________________ ____ ____ ____ ____ ____ United States ExxonMobil: Crude ($/B) 29.33 23.65 24.26 22.23 17.59 Natural Gas ($/kCF) 6.34 3.87 2.92 3.05 2.26 Benchmarks: WTI ($/B) 34.06 28.20 28.32 26.27 21.56 ANS-WC ($/B) 33.23 26.75 27.32 25.01 19.81 Gas - GC Spot Avg ($/MBTU) 6.36 3.90 3.05 3.23 2.20 Non-U.S. ExxonMobil: Crude ($/B) 30.65 25.86 25.76 23.77 19.75 Natural Gas ($/kCF) 4.03 3.37 2.72 2.76 2.91 European NG ($/kCF) 4.03 3.55 3.01 3.00 3.38 Benchmarks: Brent ($/B) 31.51 26.78 26.95 25.04 21.14 Capital and Exploration Expenditures, $M ________________________________________ Upstream United States 489 584 619 568 586 Non-U.S. 2,295 2,297 2,069 1,992 1,679 ______ ______ ______ _____ ______ Total 2,784 2,881 2,688 2,560 2,265 Downstream United States 308 324 257 250 149 Non-U.S. 273 515 377 335 243 ______ ______ ______ ______ ______ Total 581 839 634 585 392 Chemicals, Administrative and Discontinued Operations United States 63 151 139 137 193 Non-U.S. 68 154 102 111 124 ______ ______ ______ ______ ______ Total 131 305 241 248 317 Total Capital and Exploration Expenditures 3,496 4,025 3,563 3,393 2,974 ====== ====== ====== ====== ====== Exploration Expense Charged to Income, $M _________________________________________ Consolidated - United States 35 57 49 48 66 - Non-U.S. 107 249 107 176 147 Non-consolidated - ExxonMobil share, Non-U.S. 12 33 0 4 2 ______ ______ ______ ______ ______ Exploration Expense Charged to Income 154 339 156 228 215 ====== ====== ====== ====== ====== Effective Income Tax Rate, % 36.4% 34.8% 43.3% 40.8% 41.9% Common Shares Outstanding (millions) ____________________________________ At quarter end 6,679 6,700 6,729 6,757 6,782 Average 6,683 6,712 6,740 6,767 6,793 Average - assuming dilution 6,714 6,755 6,787 6,831 6,858 Cash flows from operations and asset sales ($G) ______________________________________________ Net cash provided by operating activities 8.7 5.1 7.5 4.1 4.6 Sales of subsidiaries, investments and PP&E 1.3 1.7 0.2 0.1 0.8 ______ _____ ______ ______ ______ Cash flows from operations and asset sales 10.0 6.8 7.7 4.2 5.4
The above numbers reflect ExxonMobil's current estimate of volumes and realizations given data available as of the end of the first quarter of 2003. 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.