EXHIBIT 99.2 | ||||||||||
EXXON MOBIL CORPORATION | ||||||||||
4Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 3) | ||||||||||
|
||||||||||
Net Income (U.S. GAAP), $M |
4Q03 |
3Q03 |
2Q03 |
1Q03 |
4Q02 | |||||
Upstream |
||||||||||
United States |
856 |
883 |
907 |
1,259 |
757 | |||||
Non-U.S. |
2,413 |
1,819 |
1,931 |
4,434 |
2,245 | |||||
Total |
3,269 |
2,702 |
2,838 |
5,693 |
3,002 | |||||
Downstream |
||||||||||
United States |
384 |
371 |
419 |
174 |
403 | |||||
Non-U.S. |
352 |
540 |
727 |
549 |
418 | |||||
Total |
736 |
911 |
1,146 |
723 |
821 | |||||
Chemicals |
||||||||||
United States |
212 |
25 |
128 |
16 |
71 | |||||
Non-U.S. |
264 |
205 |
311 |
271 |
5 | |||||
Total |
476 |
230 |
439 |
287 |
76 | |||||
Corporate and financing |
2,169 |
(193) |
(253) |
(213) |
(109) | |||||
Merger expenses |
0 |
0 |
0 |
0 |
(100) | |||||
Income from continuing operations |
6,650 |
3,650 |
4,170 |
6,490 |
3,690 | |||||
Discontinued operations |
0 |
0 |
0 |
0 |
400 | |||||
Accounting change |
0 |
0 |
0 |
550 |
0 | |||||
Net income (U.S. GAAP) |
6,650 |
3,650 |
4,170 |
7,040 |
4,090 | |||||
Net income per common share (U.S. GAAP) |
1.01 |
0.55 |
0.63 |
1.05 |
0.60 | |||||
Net income per common share |
||||||||||
- assuming dilution (U.S. GAAP) |
1.01 |
0.55 |
0.62 |
1.05 |
0.60 | |||||
Merger Effects, Discontinued Operations, Accounting Change and Other Special Items $M | ||||||||||
Upstream |
||||||||||
United States |
0 |
0 |
0 |
0 |
0 | |||||
Non-U.S. |
0 |
0 |
0 |
1,700 |
0 | |||||
Total |
0 |
0 |
0 |
1,700 |
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 |
2,230 |
0 |
0 |
0 |
0 | |||||
Merger expenses |
0 |
0 |
0 |
0 |
(100) | |||||
Discontinued operations |
0 |
0 |
0 |
0 |
400 | |||||
Accounting change |
0 |
0 |
0 |
550 |
0 | |||||
Corporate total |
2,230 |
0 |
0 |
2,250 |
300 | |||||
|
||||||||||
Earnings Ex. Merger Effects, Discontinued Operations, Accounting Change and Other Special Items $M | ||||||||||
Upstream |
||||||||||
United States |
856 |
883 |
907 |
1,259 |
757 | |||||
Non-U.S. |
2,413 |
1,819 |
1,931 |
2,734 |
2,245 | |||||
Total |
3,269 |
2,702 |
2,838 |
3,993 |
3,002 | |||||
Downstream |
||||||||||
United States |
384 |
371 |
419 |
174 |
403 | |||||
Non-U.S. |
352 |
540 |
727 |
549 |
418 | |||||
Total |
736 |
911 |
1,146 |
723 |
821 | |||||
Chemicals |
|
|
|
|
||||||
United States |
212 |
25 |
128 |
16 |
71 | |||||
Non-U.S. |
264 |
205 |
311 |
271 |
5 | |||||
Total |
476 |
230 |
439 |
287 |
76 | |||||
Corporate and financing |
(61) |
(193) |
(253) |
(213) |
(109) | |||||
Corporate total |
4,420 |
3,650 |
4,170 |
4,790 |
3,790 | |||||
EPS ex Merger Effects/Discontinued Operations/Accounting Change/Special Items |
||||||||||
- assuming dilution |
0.68 |
0.55 |
0.62 |
0.71 |
0.56 | |||||
EXXON MOBIL CORPORATION | ||||||||||
4Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 3) | ||||||||||
|
||||||||||
Supplemental Information (continued) |
||||||||||
Net production of crude oil and |
4Q03 |
3Q03 |
2Q03 |
1Q03 |
4Q02 | |||||
natural gas liquids, kbd |
||||||||||
United States |
607 |
595 |
603 |
633 |
650 | |||||
Canada |
364 |
370 |
372 |
347 |
375 | |||||
Europe |
589 |
541 |
565 |
621 |
603 | |||||
Asia-Pacific |
236 |
241 |
241 |
232 |
246 | |||||
Africa |
500 |
456 |
399 |
414 |
352 | |||||
Other Non-U.S. |
299 |
282 |
297 |
257 |
271 | |||||
Total liquids production |
2,595 |
2,485 |
2,477 |
2,504 |
2,497 | |||||
Natural gas production available |
||||||||||
for sale, mcfd |
||||||||||
United States |
2,038 |
2,179 |
2,362 |
2,408 |
2,264 | |||||
Canada |
994 |
943 |
906 |
931 |
987 | |||||
Europe |
5,467 |
2,711 |
3,524 |
6,321 |
5,782 | |||||
Asia-Pacific |
1,711 |
1,860 |
1,890 |
1,752 |
2,015 | |||||
Other Non-U.S. |
648 |
630 |
601 |
634 |
619 | |||||
Total natural gas production available for sale |
10,858 |
8,323 |
9,283 |
12,046 |
11,667 | |||||
Total worldwide liquids and gas production, koebd |
4,405 |
3,872 |
4,024 |
4,512 |
4,442 | |||||
Refinery throughput, kbd |
||||||||||
United States |
1,874 |
1,850 |
1,815 |
1,683 |
1,811 | |||||
Canada |
445 |
451 |
459 |
447 |
446 | |||||
Europe |
1,626 |
1,598 |
1,573 |
1,464 |
1,548 | |||||
Asia-Pacific |
1,345 |
1,364 |
1,347 |
1,506 |
1,449 | |||||
Other Non-U.S. |
313 |
292 |
297 |
290 |
282 | |||||
Total refinery throughput |
5,603 |
5,555 |
5,491 |
5,390 |
5,536 | |||||
Petroleum product sales, kbd |
||||||||||
United States |
2,912 |
2,722 |
2,706 |
2,573 |
2,810 | |||||
Canada |
622 |
591 |
580 |
613 |
622 | |||||
Europe |
2,102 |
2,092 |
2,064 |
1,986 |
2,097 | |||||
Asia-Pacific |
1,693 |
1,637 |
1,566 |
1,805 |
1,581 | |||||
Other Non-U.S. |
908 |
889 |
879 |
882 |
907 | |||||
Total petroleum product sales |
8,237 |
7,931 |
7,795 |
7,859 |
8,017 | |||||
Gasolines, naphthas |
3,342 |
3,308 |
3,263 |
3,035 |
3,224 | |||||
Heating oils, kerosene, diesel |
2,568 |
2,360 |
2,284 |
2,517 |
2,406 | |||||
Aviation fuels |
673 |
672 |
643 |
660 |
698 | |||||
Heavy fuels |
662 |
622 |
623 |
640 |
680 | |||||
Specialty products |
992 |
969 |
982 |
1,007 |
1,009 | |||||
Total petroleum product sales |
8,237 |
7,931 |
7,795 |
7,859 |
8,017 | |||||
Chemicals product revenue, $M |
||||||||||
United States |
$2,448 |
$2,630 |
$2,486 |
$2,599 |
$2,247 | |||||
Non-U.S. |
4,036 |
3,594 |
3,629 |
3,831 |
3,101 | |||||
Total chemicals product revenue |
$6,484 |
$6,224 |
$6,115 |
$6,430 |
$5,348 | |||||
Chemicals prime product sales, kt |
||||||||||
United States |
2,717 |
2,664 |
2,509 |
2,850 |
2,783 | |||||
Non-U.S. |
3,975 |
3,996 |
3,826 |
4,030 |
3,831 | |||||
Total chemicals prime product sales |
6,692 |
6,660 |
6,335 |
6,880 |
6,614 | |||||
EXXON MOBIL CORPORATION | ||||||||||
4Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 3) | ||||||||||
|
||||||||||
Supplemental Information (continued) |
||||||||||
Average Realization Data |
4Q03 |
3Q03 |
2Q03 |
1Q03 |
4Q02 | |||||
United States |
||||||||||
ExxonMobil |
||||||||||
Crude ($/B) |
26.73 |
25.70 |
23.81 |
29.33 |
23.65 | |||||
Natural Gas ($/kCF) |
4.59 |
4.92 |
5.22 |
6.19 |
3.87 | |||||
Benchmarks |
||||||||||
WTI ($/B) |
31.16 |
30.18 |
29.02 |
34.06 |
28.20 | |||||
ANS-WC ($/B) |
29.44 |
28.83 |
27.05 |
33.23 |
26.75 | |||||
Henry Hub ($/MBTU) |
4.58 |
4.97 |
5.40 |
6.58 |
3.99 | |||||
Non-U.S. |
||||||||||
ExxonMobil |
||||||||||
Crude ($/B) |
28.11 |
27.25 |
25.39 |
30.65 |
25.86 | |||||
Natural Gas ($/kCF) |
4.08 |
3.52 |
3.75 |
4.04 |
3.37 | |||||
European NG ($/kCF) |
4.38 |
3.64 |
3.92 |
4.03 |
3.55 | |||||
Benchmarks |
||||||||||
Brent ($/B) |
29.41 |
28.41 |
26.03 |
31.51 |
26.78 | |||||
Capital and Exploration Expenditures, $M |
||||||||||
Upstream |
||||||||||
United States |
571 |
539 |
526 |
489 |
584 | |||||
Non-U.S. |
2,733 |
2,440 |
2,395 |
2,295 |
2,297 | |||||
Total |
3,304 |
2,979 |
2,921 |
2,784 |
2,881 | |||||
Downstream |
||||||||||
United States |
291 |
312 |
333 |
308 |
324 | |||||
Non-U.S. |
528 |
356 |
380 |
273 |
515 | |||||
Total |
819 |
668 |
713 |
581 |
839 | |||||
Chemicals, Administrative and Discontinued Operations |
||||||||||
United States |
133 |
94 |
107 |
63 |
151 | |||||
Non-U.S. |
104 |
97 |
90 |
68 |
154 | |||||
Total |
237 |
191 |
197 |
131 |
305 | |||||
Total Capital and Exploration Expenditures |
4,360 |
3,838 |
3,831 |
3,496 |
4,025 | |||||
Exploration Expense Charged to Income, $M |
||||||||||
Consolidated - United States |
144 |
38 |
39 |
35 |
57 | |||||
- Non-U.S. |
306 |
184 |
138 |
107 |
249 | |||||
Non-consolidated - ExxonMobil share - United States |
0 |
0 |
1 |
0 |
0 | |||||
- Non-U.S. |
6 |
3 |
4 |
12 |
33 | |||||
Total Exploration Expense Charged to Income |
456 |
225 |
182 |
154 |
339 | |||||
Effective Income Tax Rate, % |
31.4% |
40.3% |
39.8% |
36.4% |
34.8% | |||||
Common Shares Outstanding (millions) |
||||||||||
At quarter end |
6,568 |
6,610 |
6,652 |
6,679 |
6,700 | |||||
Average |
6,580 |
6,619 |
6,654 |
6,683 |
6,712 | |||||
Average - assuming dilution |
6,612 |
6,652 |
6,687 |
6,714 |
6,755 | |||||
Cash Flows from Operations and Asset Sales ($G) |
||||||||||
Net cash provided by operating activities |
6.8 |
5.7 |
7.3 |
8.7 |
5.1 | |||||
Sales of subsidiaries, investments and PP&E |
0.5 |
0.2 |
0.3 |
1.3 |
1.7 | |||||
Cash flows from operations and asset sales |
7.3 |
5.9 |
7.6 |
10.0 |
6.8 | |||||
The above numbers reflect ExxonMobil's current estimate of volumes and realizations given data available as of the | ||||||||||
end of the fourth 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. |