EXHIBIT 99.2 EXXON MOBIL CORPORATION 2Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 3) ==================================================
Net Income (U.S. GAAP), $M 2Q03 1Q03 4Q02 3Q02 2Q02 __________________________ ____ ____ ____ ____ ____ Upstream United States 907 1,259 757 642 677 Non-U.S. 1,931 4,434 2,245 1,635 1,553 ______ ______ ______ ______ ______ Total 2,838 5,693 3,002 2,277 2,230 Downstream United States 419 174 403 42 234 Non-U.S. 727 549 418 83 148 ______ ______ ______ ______ ______ Total 1,146 723 821 125 382 Chemicals United States 128 16 71 156 87 Non-U.S. 311 271 5 197 182 ______ ______ ______ ______ ______ Total 439 287 76 353 269 Corporate and financing (253) (213) (109) (41) (222) Merger expenses 0 0 (100) (85) (30) ______ ______ ______ ______ ______ Income from continuing operations 4,170 6,490 3,690 2,629 2,629 Discontinued operations 0 0 400 11 11 Accounting change 0 550 0 0 0 ______ ______ ______ ______ ______ Net income (U.S. GAAP) 4,170 7,040 4,090 2,640 2,640 ====== ====== ====== ====== ====== Net income per common share (U.S. GAAP) 0.63 1.05 0.60 0.39 0.40 Net income per common share - assuming dilution (U.S. GAAP) 0.62 1.05 0.60 0.39 0.39 Merger Effects, Discontinued Operations, Accounting Change __________________________________________________________ and Other Special Items $M __________________________ Upstream United States 0 0 0 0 0 Non-U.S. 0 1,700 0 (215) 0 ______ ______ ______ ______ ______ Total 0 1,700 0 (215) 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 0 (100) (85) (30) Discontinued operations 0 0 400 11 11 Accounting change 0 550 0 0 0 ______ ______ ______ ______ ______ Corporate total 0 2,250 300 (289) (19) ====== ====== ====== ====== ====== Earnings Ex. Merger Effects, Discontinued Operations, Accounting Change _______________________________________________________________________ and Other Special Items $M __________________________ Upstream United States 907 1,259 757 642 677 Non-U.S. 1,931 2,734 2,245 1,850 1,553 ______ ______ ______ ______ ______ Total 2,838 3,993 3,002 2,492 2,230 Downstream United States 419 174 403 42 234 Non-U.S. 727 549 418 83 148 ______ ______ ______ ______ ______ Total 1,146 723 821 125 382 Chemicals United States 128 16 71 156 87 Non-U.S. 311 271 5 197 182 ______ ______ ______ ______ ______ Total 439 287 76 353 269 Corporate and financing (253) (213) (109) (41) (222) ______ ______ ______ ______ ______ Corporate total 4,170 4,790 3,790 2,929 2,659 ====== ====== ====== ====== ====== EPS ex Merger Effects/Discontinued Operations/Accounting Change/Special Items - assuming dilution 0.62 0.71 0.56 0.44 0.39
EXXON MOBIL CORPORATION 2Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 3) ================================================== Supplemental Information (continued) ____________________________________
2Q03 1Q03 4Q02 3Q02 2Q02 ____ ____ ____ ____ ____ Net production of crude oil and natural gas liquids, kbd United States 605 633 650 656 700 Canada 372 347 375 348 341 Europe 565 621 603 552 602 Asia-Pacific 240 231 246 273 254 Africa 399 414 352 354 348 Other Non-U.S. 297 258 271 270 250 ______ ______ _____ ______ ______ Total liquids production 2,478 2,504 2,497 2,453 2,495 Natural gas production available for sale, mcfd United States 2,306 2,382 2,264 2,374 2,373 Canada 906 931 987 1,020 1,024 Europe 3,524 6,321 5,782 3,065 3,324 Asia-Pacific 1,921 1,792 2,015 2,170 1,965 Other Non-U.S. 602 634 619 593 506 ______ ______ ______ ______ ______ Total natural gas production available for sale 9,259 12,060 11,667 9,222 9,192 Total worldwide liquids and gas production, koebd 4,021 4,514 4,442 3,990 4,027 Refinery throughput, kbd United States 1,815 1,683 1,811 1,807 1,871 Canada 459 447 446 467 435 Europe 1,573 1,464 1,548 1,529 1,554 Asia-Pacific 1,347 1,506 1,449 1,433 1,263 Other Non-U.S. 297 290 282 242 220 ______ ______ ______ ______ ______ Total refinery throughput 5,491 5,390 5,536 5,478 5,343 Petroleum product sales, kbd United States 2,706 2,573 2,810 2,724 2,678 Canada 580 613 622 596 579 Europe 2,068 1,988 2,097 2,034 2,045 Asia-Pacific 1,566 1,805 1,581 1,516 1,391 Other Non-U.S. 880 882 907 893 876 ______ ______ ______ ______ ______ Total petroleum product sales 7,800 7,861 8,017 7,763 7,569 Gasolines, naphthas 3,263 3,035 3,224 3,253 3,143 Heating oils, kerosene, diesel 2,284 2,517 2,406 2,206 2,173 Aviation fuels 643 660 698 728 674 Heavy fuels 628 642 680 577 559 Specialty products 982 1,007 1,009 999 1,020 ______ ______ ______ ______ ______ Total petroleum product sales 7,800 7,861 8,017 7,763 7,569 Chemicals product revenue, $M United States $ 2,486 $ 2,599 $ 2,247 $ 2,249 $ 2,379 Non-U.S. 3,629 3,831 3,101 3,154 2,883 ______ ______ ______ ______ _____ Total chemicals product revenue $ 6,115 $ 6,430 $ 5,348 $ 5,403 $ 5,262 Chemicals prime product sales, kt United States 2,543 2,861 2,783 2,849 3,010 Non-U.S. 3,826 4,030 3,831 3,807 3,692 _______ ______ ______ ______ ______ Total chemicals prime product sales 6,369 6,891 6,614 6,656 6,702
EXXON MOBIL CORPORATION 2Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 3) ================================================== Supplemental Information (continued) ___________________________________
Average Realization Data 2Q03 1Q03 4Q02 3Q02 2Q02 ________________________ ____ ____ ____ ____ ____ United States ExxonMobil Crude ($/B) 23.81 29.33 23.65 24.26 22.23 Natural Gas ($/kCF) 5.32 6.20 3.87 2.92 3.05 Benchmarks WTI ($/B) 29.02 34.06 28.20 28.32 26.27 ANS-WC ($/B) 27.05 33.23 26.75 27.32 25.01 Gas - GC Spot Avg ($/MBTU) 5.21 6.36 3.90 3.05 3.23 Non-U.S. ExxonMobil Crude ($/B) 25.39 30.65 25.86 25.76 23.77 Natural Gas ($/kCF) 3.73 4.02 3.37 2.72 2.76 European NG ($/kCF) 3.90 4.03 3.55 3.01 3.00 Benchmarks Brent ($/B) 26.03 31.51 26.78 26.95 25.04 Capital and Exploration Expenditures, $M ________________________________________ Upstream United States 526 489 584 619 568 Non-U.S. 2,395 2,295 2,297 2,069 1,992 ______ ______ ______ _____ ______ Total 2,921 2,784 2,881 2,688 2,560 Downstream United States 333 308 324 257 250 Non-U.S. 380 273 515 377 335 ______ ______ ______ ______ ______ Total 713 581 839 634 585 Chemicals, Administrative and Discontinued Operations United States 107 63 151 139 137 Non-U.S. 90 68 154 102 111 ______ ______ ______ ______ ______ Total 197 131 305 241 248 Total Capital and Exploration Expenditures 3,831 3,496 4,025 3,563 3,393 Exploration Expense Charged to Income, $M _________________________________________ Consolidated - United States 39 35 57 49 48 - Non-U.S. 138 107 249 107 176 Non-consolidated - ExxonMobil share - United States 1 0 0 0 0 - Non-U.S. 4 12 33 0 4 ______ ______ ______ ______ ______ Total Exploration Expense Charged to Income 182 154 339 156 228 Effective Income Tax Rate, % 39.8% 36.4% 34.8% 43.3% 40.8% Common Shares Outstanding (millions) ____________________________________ At quarter end 6,652 6,679 6,700 6,729 6,757 Average 6,654 6,683 6,712 6,740 6,767 Average - assuming dilution 6,687 6,714 6,755 6,787 6,831 Cash flows from operations and asset sales ($G) ______________________________________________ Net cash provided by operating activities 7.3 8.7 5.1 7.5 4.1 Sales of subsidiaries, investments and PP&E 0.3 1.3 1.7 0.2 0.1 ______ _____ ______ ______ ______ Cash flows from operations and asset sales 7.6 10.0 6.8 7.7 4.2
The above numbers reflect ExxonMobil's current estimate of volumes and realizations given data available as of the end of the second 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.