EXXON MOBIL CORPORATION

 

 

 

EXHIBIT 99.2

 

4Q16 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4)

  

   

 

 

 

 

 

 

 

Earnings, $M

4Q16

3Q16

2Q16

1Q16

4Q15

Upstream

 

 

 

 

 

 

United States

 

(2,328)

(477)

(514)

(832)

(538)

 

Non-U.S.

 

1,686

1,097

808

756

1,395

 

Total

 

(642)

620

294

(76)

857

Downstream

 

 

 

 

 

 

United States

 

270

225

412

187

435

 

Non-U.S.

 

971

1,004

413

719

916

 

Total

 

1,241

1,229

825

906

1,351

Chemical

 

 

 

 

 

 

United States

 

352

434

509

581

520

 

Non-U.S.

 

520

737

708

774

443

 

Total

 

872

1,171

1,217

1,355

963

  

 

 

 

 

 

 

 

 

Corporate and financing

209

(370)

(636)

(375)

(391)

Net income attributable to ExxonMobil (U.S. GAAP)

1,680

2,650

1,700

1,810

2,780

   

 

 

 

 

 

 

 

 

Earnings per common share (U.S. GAAP)  

0.41

0.63

0.41

0.43

0.67

Earnings per common share

 

 

 

 

 

 - assuming dilution (U.S. GAAP)

0.41

0.63

0.41

0.43

0.67

 

 

 

 

 

 

 

 

 

Capital and Exploration Expenditures, $M

 

 

 

 

 

Upstream

 

 

 

 

 

 

United States

 

817

712

914

1,075

1,615

 

Non-U.S.

 

2,755

2,360

3,005

2,904

4,255

 

Total

 

3,572

3,072

3,919

3,979

5,870

Downstream

 

 

 

 

 

 

United States

 

231

192

227

189

236

 

Non-U.S.

 

472

397

415

339

543

 

Total

 

703

589

642

528

779

Chemical

 

 

 

 

 

 

United States

 

405

359

355

434

493

 

Non-U.S.

 

125

144

208

177

199

 

Total

 

530

503

563

611

692

Other

24

26

34

9

75

  

 

 

 

  

  

  

  

  

Total Capital and Exploration Expenditures

4,829

4,190

5,158

5,127

7,416

 

 

 

 

 

 

 

 

 

Exploration Expense Charged to Income, $M

 

 

 

 

 

 

Consolidated

 

- United States

42

35

35

108

60

 

 

 

- Non-U.S.

296

291

409

246

459

 

Non-consolidated - ExxonMobil share

- United States

-

-

-

-

9

 

 

 

- Non-U.S.

51

6

5

(10)

3

Exploration Expenses Charged to Income Included Above

389

332

449

344

531

 

 

 

 

 

 

 

 

 

Effective Income Tax Rate, %

-92%

20%

40%

19%

13%

 

 

 

 

 

 

 

 

 

Common Shares Outstanding, millions

 

 

 

 

 

 

At quarter end

4,148

4,147

4,147

4,147

4,156

 

Average - assuming dilution

4,176

4,178

4,178

4,178

4,183

  

 

 

 

 

 

 

 

 

Total Cash and Cash Equivalents, $B

3.7

5.1

4.4

4.8

3.7

 

 

 

 

 

 

 

 

 

Total Debt, $B

42.8

46.2

44.5

43.1

38.7

 

 

 

 

 

 

 

 

 

Cash Flow from Operations and Asset Sales, $B

 

 

 

 

 

 

Net cash provided by operating activities

7.4

5.3

4.6

4.8

4.3

 

Proceeds associated with asset sales

2.1

1.0

1.0

0.2

0.8

 

Cash flow from operations and asset sales

9.5

6.3

5.6

5.0

5.1

 

 

 

 

 

 

 

 

 

 

  

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

4Q16 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4)

 

  

 

 

 

 

 

 

 

Net production of crude oil, natural gas

4Q16

3Q16

2Q16

1Q16

4Q15

liquids, bitumen and synthetic oil, kbd

 

 

 

 

 

 

United States

 

496

484

495

500

494

 

Canada / South America

 

453

437

359

476

452

 

Europe

 

208

189

201

218

222

 

Africa

 

449

388

494

565

543

 

Asia

 

726

651

724

726

722

 

Australia / Oceania

 

52

62

57

53

48

Total liquids production

2,384

2,211

2,330

2,538

2,481

 

 

 

 

 

 

 

 

 

Natural gas production available for sale, mcfd

 

 

 

 

 

 

United States

 

2,997

3,058

3,097

3,160

3,123

 

Canada / South America

 

222

220

257

258

241

 

Europe

 

2,518

1,650

1,749

2,775

2,504

 

Africa

 

7

13

7

2

4

 

Asia

 

3,698

3,662

3,819

3,794

4,103

 

Australia / Oceania

 

982

998

833

735

628

Total natural gas production available for sale

10,424

9,601

9,762

10,724

10,603

 

 

 

 

 

 

 

 

 

Total worldwide liquids and gas production, koebd

4,121

3,811

3,957

4,325

4,248

 

 

 

 

 

 

 

 

 

Refinery throughput, kbd

 

 

 

 

 

 

 

United States

 

1,604

1,604

1,555

1,602

1,649

 

Canada

 

401

406

246

398

390

 

Europe

 

1,460

1,476

1,462

1,269

1,483

 

Asia Pacific

 

706

677

718

729

679

 

Other Non-U.S.

 

200

202

171

187

194

Total refinery throughput

 

4,371

4,365

4,152

4,185

4,395

 

 

 

 

 

 

 

 

 

Petroleum product sales, kbd

 

 

 

 

 

 

 

United States

 

2,227

2,327

2,228

2,218

2,416

 

Canada

 

499

511

479

476

472

 

Europe

 

1,535

1,553

1,561

1,429

1,530

 

Asia Pacific

 

719

721

760

766

758

 

Other Non-U.S.

 

526

473

472

445

503

Total petroleum product sales

 

5,506

5,585

5,500

5,334

5,679

 

 

 

 

 

 

 

 

 

 

Gasolines, naphthas

 

2,304

2,298

2,266

2,211

2,330

 

Heating oils, kerosene, diesel

 

1,826

1,810

1,752

1,699

1,921

 

Aviation fuels

 

387

421

386

402

403

 

Heavy fuels

 

368

358

367

386

368

 

Specialty products

 

621

698

729

636

657

Total petroleum product sales

 

5,506

5,585

5,500

5,334

5,679

 

 

 

 

 

 

 

 

 

Chemical prime product sales, kt

 

 

 

 

 

 

United States

 

2,409

2,320

2,447

2,400

2,565

 

Non-U.S.

 

3,900

3,813

3,863

3,773

3,919

Total chemical prime product sales

6,309

6,133

6,310

6,173

6,484

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

4Q16 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)

 

 

 

 

 

 

 

 

Earnings Factor Analysis, $M

4Q16 vs. 4Q15

 

4Q16 vs. 3Q16

 

2016 vs. 2015

Upstream

 

 

 

 

 

 

Prior Period

857

 

620

 

7,101

 

 

Realization

510

 

450

 

-5,320

 

 

Volume / Mix

-50

 

230

 

130

 

 

Other

-1,960

 

-1,940

 

-1,720

 

Current Period

-642

 

-642

 

196

Downstream

 

 

 

 

 

 

Prior Period

1,351

 

1,229

 

6,557

 

 

Margin

-570

 

160

 

-3,840

 

 

Volume / Mix

200

 

100

 

560

 

 

Other

260

 

-250

 

920

 

Current Period

1,241

 

1,241

 

4,201

Chemical

 

 

 

 

 

 

Prior Period

963

 

1,171

 

4,418

 

 

Margin

-10

 

-200

 

440

 

 

Volume / Mix

-30

 

50

 

100

 

 

Other

-50

 

-150

 

-340

 

Current Period

872

 

872

 

4,615

 

 

 

 

 

 

 

 

Upstream Volume Factor Analysis, koebd

 

 

 

 

 

 

Prior Period

4,248

 

3,811

 

4,097

 

 

Entitlements - Net Interest

11

 

-1

 

9

 

 

Entitlements - Price / Spend / Other

-94

 

70

 

-23

 

 

Quotas

-

 

-

 

-

 

 

Divestments

-22

 

-1

 

-34

 

 

Growth / Other

-22

 

242

 

4

 

Current Period

4,121

 

4,121

 

4,053

 

 

 

 

 

 

 

 

Sources and Uses of Funds, $B

4Q16

 

 

 

 

 

Beginning Cash

5.1

 

 

 

 

 

 

Earnings

1.7

 

 

 

 

 

 

Depreciation

8.1

 

 

 

 

 

 

Working Capital / Other

-2.4

 

 

 

 

 

 

Proceeds Associated with Asset Sales

2.1

 

 

 

 

 

 

PP&E Adds / Investments and Advances 1

-3.8

 

 

 

 

 

 

Shareholder Distributions

-3.1

 

 

 

 

 

 

Debt / Other Financing

-4.0

 

 

 

 

 

Ending Cash

3.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1 PP&E Adds / Investments and Advances includes PP&E adds of ($3.9B) and net advances of $0.1B.

 

 


 

EXXON MOBIL CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

 

4Q16 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4)

 

 

  

 

 

 

 

 

Average Realization Data

4Q16

3Q16

2Q16

1Q16

4Q15

United States

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

43.38

38.76

37.97

27.11

34.36

 

 

Natural Gas ($/kcf)

2.69

2.65

1.74

1.60

1.80

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

WTI ($/b)

49.18

44.88

45.48

33.27

42.10

 

 

ANS-WC ($/b)

50.01

44.65

45.71

33.76

43.67

 

 

Henry Hub ($/mbtu)

2.98

2.81

1.95

2.09

2.27

 

 

 

 

 

 

 

 

Non-U.S.

 

 

 

 

 

 

ExxonMobil

 

 

 

 

 

 

 

Crude ($/b)

44.82

40.96

41.46

28.67

36.99

 

 

Natural Gas ($/kcf)

4.97

4.47

4.06

4.80

5.80

 

 

European NG ($/kcf)

4.97

4.48

4.35

5.05

6.11

 

 

 

 

 

 

 

 

 

Benchmarks

 

 

 

 

 

 

 

Brent ($/b)

49.46

45.85

45.57

33.89

43.69

 

 

 

 

 

 

 

 

The above numbers reflect ExxonMobil’s current estimate of volumes and realizations given data available as of the end of the fourth quarter of 2016.  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.