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8-K Filing
Exxon Mobil (XOM) 8-KExxon Mobil Corporation Announces Estimated
Filed: 30 Oct 03, 12:00am
EXHIBIT 99.2 | ||||||||||
EXXON MOBIL CORPORATION | ||||||||||
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3Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 3) | ||||||||||
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Net Income (U.S. GAAP), $M | 3Q03 | 2Q03 | 1Q03 | 4Q02 | 3Q02 | |||||
Upstream | ||||||||||
United States | 883 | 907 | 1,259 | 757 | 642 | |||||
Non-U.S. | 1,819 | 1,931 | 4,434 | 2,245 | 1,635 | |||||
Total | 2,702 | 2,838 | 5,693 | 3,002 | 2,277 | |||||
Downstream | ||||||||||
United States | 371 | 419 | 174 | 403 | 42 | |||||
Non-U.S. | 540 | 727 | 549 | 418 | 83 | |||||
Total | 911 | 1,146 | 723 | 821 | 125 | |||||
Chemicals | ||||||||||
United States | 25 | 128 | 16 | 71 | 156 | |||||
Non-U.S. | 205 | 311 | 271 | 5 | 197 | |||||
Total | 230 | 439 | 287 | 76 | 353 | |||||
| ||||||||||
Corporate and financing | (193 | ) | (253 | ) | (213 | ) | (109 | ) | (41 | ) |
Merger expenses | 0 | 0 | 0 | (100 | ) | (85 | ) | |||
Income from continuing operations | 3,650 | 4,170 | 6,490 | 3,690 | 2,629 | |||||
Discontinued operations | 0 | 0 | 0 | 400 | 11 | |||||
Accounting change | 0 | 0 | 550 | 0 | 0 | |||||
Net income (U.S. GAAP) | 3,650 | 4,170 | 7,040 | 4,090 | 2,640 | |||||
Net income per common share (U.S. GAAP) | 0.55 | 0.63 | 1.05 | 0.60 | 0.39 | |||||
Net income per common share | ||||||||||
- assuming dilution (U.S. GAAP) | 0.55 | 0.62 | 1.05 | 0.60 | 0.39 | |||||
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Merger Effects, Discontinued Operations, Accounting Change and Other Special Items $M | ||||||||||
Upstream | ||||||||||
United States | 0 | 0 | 0 | 0 | 0 | |||||
Non-U.S. | 0 | 0 | 1,700 | 0 | (215 | ) | ||||
Total | 0 | 0 | 1,700 | 0 | (215 | ) | ||||
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 | 0 | (100 | ) | (85 | ) | |||
Discontinued operations | 0 | 0 | 0 | 400 | 11 | |||||
Accounting change | 0 | 0 | 550 | 0 | 0 | |||||
Corporate total | 0 | 0 | 2,250 | 300 | (289 | ) | ||||
| ||||||||||
Earnings Ex. Merger Effects, Discontinued Operations, Accounting Change and Other Special Items $M | ||||||||||
Upstream | ||||||||||
United States | 883 | 907 | 1,259 | 757 | 642 | |||||
Non-U.S. | 1,819 | 1,931 | 2,734 | 2,245 | 1,850 | |||||
Total | 2,702 | 2,838 | 3,993 | 3,002 | 2,492 | |||||
Downstream | ||||||||||
United States | 371 | 419 | 174 | 403 | 42 | |||||
Non-U.S. | 540 | 727 | 549 | 418 | 83 | |||||
Total | 911 | 1,146 | 723 | 821 | 125 | |||||
Chemicals |
|
|
| |||||||
United States | 25 | 128 | 16 | 71 | 156 | |||||
Non-U.S. | 205 | 311 | 271 | 5 | 197 | |||||
Total | 230 | 439 | 287 | 76 | 353 | |||||
Corporate and financing | (193 | ) | (253 | ) | (213 | ) | (109 | ) | (41 | ) |
Corporate total | 3,650 | 4,170 | 4,790 | 3,790 | 2,929 | |||||
EPS ex Merger Effects/Discontinued Operations/Accounting Change/Special Items | ||||||||||
- assuming dilution | 0.55 | 0.62 | 0.71 | 0.56 | 0.44 | |||||
EXXON MOBIL CORPORATION | ||||||||||
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3Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 3) | ||||||||||
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Supplemental Information (continued) | ||||||||||
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Net production of crude oil and | 3Q03 | 2Q03 | 1Q03 | 4Q02 | 3Q02 | |||||
natural gas liquids, kbd | ||||||||||
United States | 596 | 603 | 633 | 650 | 656 | |||||
Canada | 370 | 372 | 347 | 375 | 348 | |||||
Europe | 541 | 565 | 621 | 603 | 552 | |||||
Asia-Pacific | 240 | 240 | 231 | 246 | 273 | |||||
Africa | 456 | 399 | 414 | 352 | 354 | |||||
Other Non-U.S. | 282 | 297 | 258 | 271 | 270 | |||||
Total liquids production | 2,485 | 2,476 | 2,504 | 2,497 | 2,453 | |||||
Natural gas production available | ||||||||||
for sale, mcfd | ||||||||||
United States | 2,124 | 2,349 | 2,382 | 2,264 | 2,374 | |||||
Canada | 943 | 906 | 931 | 987 | 1,020 | |||||
Europe | 2,711 | 3,524 | 6,321 | 5,782 | 3,065 | |||||
Asia-Pacific | 1,860 | 1,890 | 1,752 | 2,015 | 2,170 | |||||
Other Non-U.S. | 630 | 601 | 634 | 619 | 593 | |||||
Total natural gas production available for sale | 8,268 | 9,270 | 12,020 | 11,667 | 9,222 | |||||
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Total worldwide liquids and gas production, koebd | 3,863 | 4,021 | 4,507 | 4,442 | 3,990 | |||||
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Refinery throughput, kbd | ||||||||||
United States | 1,850 | 1,815 | 1,683 | 1,811 | 1,807 | |||||
Canada | 451 | 459 | 447 | 446 | 467 | |||||
Europe | 1,598 | 1,573 | 1,464 | 1,548 | 1,529 | |||||
Asia-Pacific | 1,364 | 1,347 | 1,506 | 1,449 | 1,433 | |||||
Other Non-U.S. | 292 | 297 | 290 | 282 | 242 | |||||
Total refinery throughput | 5,555 | 5,491 | 5,390 | 5,536 | 5,478 | |||||
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Petroleum product sales, kbd | ||||||||||
United States | 2,722 | 2,706 | 2,573 | 2,810 | 2,724 | |||||
Canada | 591 | 580 | 613 | 622 | 596 | |||||
Europe | 2,096 | 2,068 | 1,988 | 2,097 | 2,034 | |||||
Asia-Pacific | 1,637 | 1,566 | 1,805 | 1,581 | 1,516 | |||||
Other Non-U.S. | 889 | 880 | 882 | 907 | 893 | |||||
Total petroleum product sales | 7,935 | 7,800 | 7,861 | 8,017 | 7,763 | |||||
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Gasolines, naphthas | 3,308 | 3,263 | 3,035 | 3,224 | 3,253 | |||||
Heating oils, kerosene, diesel | 2,360 | 2,284 | 2,517 | 2,406 | 2,206 | |||||
Aviation fuels | 672 | 643 | 660 | 698 | 728 | |||||
Heavy fuels | 626 | 628 | 642 | 680 | 577 | |||||
Specialty products | 969 | 982 | 1,007 | 1,009 | 999 | |||||
Total petroleum product sales | 7,935 | 7,800 | 7,861 | 8,017 | 7,763 | |||||
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Chemicals product revenue, $M | ||||||||||
United States | $2,630 | $2,486 | $2,599 | $2,247 | $2,249 | |||||
Non-U.S. | 3,594 | 3,629 | 3,831 | 3,101 | 3,154 | |||||
Total chemicals product revenue | $6,224 | $6,115 | $6,430 | $5,348 | $5,403 | |||||
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Chemicals prime product sales, kt | ||||||||||
United States | 2,698 | 2,543 | 2,861 | 2,783 | 2,849 | |||||
Non-U.S. | 3,996 | 3,826 | 4,030 | 3,831 | 3,807 | |||||
Total chemicals prime product sales | 6,694 | 6,369 | 6,891 | 6,614 | 6,656 | |||||
EXXON MOBIL CORPORATION | ||||||||||
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3Q03 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 3) | ||||||||||
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Supplemental Information (continued) | ||||||||||
Average Realization Data | 3Q03 | 2Q03 | 1Q03 | 4Q02 | 3Q02 | |||||
United States | ||||||||||
ExxonMobil | ||||||||||
Crude ($/B) | 25.70 | 23.81 | 29.33 | 23.65 | 24.26 | |||||
Natural Gas ($/kCF) | 5.01 | 5.22 | 6.20 | 3.87 | 2.92 | |||||
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Benchmarks | ||||||||||
WTI ($/B) | 30.18 | 29.02 | 34.06 | 28.20 | 28.32 | |||||
ANS-WC ($/B) | 28.83 | 27.05 | 33.23 | 26.75 | 27.32 | |||||
Henry Hub ($/MBTU) | 4.97 | 5.40 | 6.58 | 3.99 | 3.16 | |||||
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Non-U.S. | ||||||||||
ExxonMobil | ||||||||||
Crude ($/B) | 27.25 | 25.39 | 30.65 | 25.86 | 25.76 | |||||
Natural Gas ($/kCF) | 3.50 | 3.75 | 4.04 | 3.37 | 2.72 | |||||
European NG ($/kCF) | 3.65 | 3.92 | 4.03 | 3.55 | 3.01 | |||||
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Benchmarks | ||||||||||
Brent ($/B) | 28.41 | 26.03 | 31.51 | 26.78 | 26.95 | |||||
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Capital and Exploration Expenditures, $M | ||||||||||
Upstream | ||||||||||
United States | 539 | 526 | 489 | 584 | 619 | |||||
Non-U.S. | 2,440 | 2,395 | 2,295 | 2,297 | 2,069 | |||||
Total | 2,979 | 2,921 | 2,784 | 2,881 | 2,688 | |||||
Downstream | ||||||||||
United States | 312 | 333 | 308 | 324 | 257 | |||||
Non-U.S. | 356 | 380 | 273 | 515 | 377 | |||||
Total | 668 | 713 | 581 | 839 | 634 | |||||
Chemicals, Administrative and Discontinued Operations | ||||||||||
United States | 94 | 107 | 63 | 151 | 139 | |||||
Non-U.S. | 97 | 90 | 68 | 154 | 102 | |||||
Total | 191 | 197 | 131 | 305 | 241 | |||||
| ||||||||||
Total Capital and Exploration Expenditures | 3,838 | 3,831 | 3,496 | 4,025 | 3,563 | |||||
Exploration Expense Charged to Income, $M | ||||||||||
Consolidated - United States | 38 | 39 | 35 | 57 | 49 | |||||
- Non-U.S. | 184 | 138 | 107 | 249 | 107 | |||||
Non-consolidated - ExxonMobil share - United States | 0 | 1 | 0 | 0 | 0 | |||||
- Non-U.S. | 3 | 4 | 12 | 33 | 0 | |||||
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Total Exploration Expense Charged to Income | 225 | 182 | 154 | 339 | 156 | |||||
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Effective Income Tax Rate | 40.3% | 39.8% | 36.4% | 34.8% | 43.3% | |||||
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Common Shares Outstanding (millions) | ||||||||||
At quarter end | 6,610 | 6,652 | 6,679 | 6,700 | 6,729 | |||||
Average | 6,619 | 6,654 | 6,683 | 6,712 | 6,740 | |||||
Average - assuming dilution | 6,652 | 6,687 | 6,714 | 6,755 | 6,787 | |||||
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Cash Flows from Operations and Asset Sales ($G) | ||||||||||
Net cash provided by operating activities | 5.7 | 7.3 | 8.7 | 5.1 | 7.5 | |||||
Sales of subsidiaries, investments and PP&E | 0.2 | 0.3 | 1.3 | 1.7 | 0.2 | |||||
Cash flows from operations and asset sales | 5.9 | 7.6 | 10.0 | 6.8 | 7.7 | |||||
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The above numbers reflect ExxonMobil's current estimate of volumes and realizations given data available as of the end of | ||||||||||
the third 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. |