Exxon Mobil (XOM) 8-K ExxonMobil Announces Second-Quarter 2023 Results

	.	EXHIBIT 99.2
To assist investors in assessing 2Q23 results, the following disclosures have been made available in this 8-K filing:
–Identified items of $0.00 per share assuming dilution, as noted on page 1 of the news release
–A reconciliation of cash flow from operations and asset sales excluding working capital on page 1 of this exhibit and on page 7 of the news release

2Q23 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 4)
Earnings/(Loss), $M (unless noted)		2Q23		1Q23		4Q22		3Q22		2Q22
Upstream	United States	920		1,632		2,493		3,110		3,749
	Non-U.S.	3,657		4,825		5,708		9,309		7,622
	Total	4,577		6,457		8,201		12,419		11,371
Energy Products	United States	1,528		1,910		2,188		3,008		2,655
	Non-U.S.	782		2,273		1,882		2,811		2,617
	Total	2,310		4,183		4,070		5,819		5,273
Chemical Products	United States	486		324		298		635		625
	Non-U.S.	342		47		(48)		177		450
	Total	828		371		250		812		1,076
Specialty Products	United States	373		451		406		306		232
	Non-U.S.	298		323		354		456		185
	Total	671		774		760		762		417
Corporate and Financing		(506)		(355)		(531)		(152)		(286)
Net income attributable to ExxonMobil (U.S. GAAP)		7,880		11,430		12,750		19,660		17,850
Earnings/(Loss) per common share (U.S. GAAP)		1.94		2.79		3.09		4.68		4.21
Earnings/(Loss) per common share - assuming dilution (U.S. GAAP)		1.94		2.79		3.09		4.68		4.21
Effective Income Tax Rate, %		33	%	34	%	36	%	29	%	31	%
Capital and Exploration Expenditures, $M		2Q23		1Q23		4Q22		3Q22		2Q22
Upstream	United States	2,206		2,108		2,118		1,837		1,644
	Non-U.S.	2,403		2,473		3,297		2,244		1,983
	Total	4,609		4,581		5,415		4,081		3,627
Energy Products	United States	349		358		343		316		300
	Non-U.S.	382		327		405		274		206
	Total	731		685		748		590		506
Chemical Products	United States	152		285		332		310		250
	Non-U.S.	507		546		824		644		169
	Total	659		831		1,156		954		419
Specialty Products	United States	14		11		12		15		14
	Non-U.S.	89		80		90		72		42
	Total	103		91		102		87		56
Other		64		192		42		16		1
Total Capital and Exploration Expenditures		6,166		6,380		7,463		5,728		4,609
Exploration expenses, including dry holes		133		141		348		218		286
Cash Capital Expenditures, $M		2Q23		1Q23		4Q22		3Q22		2Q22
Additions to property, plant and equipment		5,359		5,412		5,783		4,876		3,837
Net investments and advances		284		367		905		184		166
Total Cash Capital Expenditures		5,643		5,779		6,688		5,060		4,003
Total Cash and Cash Equivalents, $G		29.6		32.7		29.7		30.5		18.9
Total Debt, $G		41.5		41.4		41.2		45.4		46.9
Cash Flow from Operations and Asset Sales excluding working capital (non-GAAP), $M		2Q23		1Q23		4Q22		3Q22		2Q22
Net cash provided by operating activities (GAAP)		9,383		16,341		17,621		24,425		19,963
Proceeds associated with asset sales		1,287		854		1,333		2,682		939
Cash flow from operations and asset sales (non-GAAP)		10,670		17,195		18,954		27,107		20,902
Changes in operational working capital		3,583		302		200		(1,667)		2,747
Cash flow from operations and asset sales      excluding working capital (non-GAAP)		14,253		17,497		19,154		25,440		23,649
Common Shares Outstanding, millions		2Q23		1Q23		4Q22		3Q22		2Q22
At quarter end		4,003		4,043		4,082		4,118		4,168
Weighted-average - assuming dilution		4,066		4,102		4,138		4,185		4,233

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2Q23 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 4)
Upstream Volumes		2Q23	1Q23	4Q22	3Q22	2Q22
Liquids production (kbd) ¹
	United States	785	820	789	783	777
	Canada/Other Americas	618	670	682	641	556
	Europe	4	4	4	4	4
	Africa	206	220	223	249	224
	Asia	702	749	725	666	691
	Australia/Oceania	38	32	38	46	46
Worldwide liquids production		2,353	2,495	2,461	2,389	2,298
¹ Net production of crude oil, natural gas liquids, bitumen and synthetic oil, kbd.
Natural gas production available for sale (mcfd)
	United States	2,346	2,367	2,383	2,351	2,699
	Canada/Other Americas	97	94	74	158	180
	Europe	375	548	536	541	825
	Africa	86	134	89	70	67
	Asia	3,350	3,597	3,704	3,304	3,320
	Australia/Oceania	1,275	1,276	1,381	1,539	1,515
Worldwide natural gas production available for sale		7,529	8,016	8,167	7,963	8,606
Oil-equivalent production, koebd ²		3,608	3,831	3,822	3,716	3,732
² Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels.
Manufacturing Throughput and Sales		2Q23	1Q23	4Q22	3Q22	2Q22
Refinery throughput, kbd
	United States	1,944	1,643	1,694	1,742	1,686
	Canada	388	417	433	426	413
	Europe	1,209	1,189	1,157	1,253	1,164
	Asia Pacific	463	565	532	557	532
	Other	169	184	167	187	193
Worldwide refinery throughput		4,173	3,998	3,983	4,165	3,988
Energy Products sales, kbd
	United States	2,743	2,459	2,507	2,479	2,452
	Non-U.S.	2,916	2,818	2,916	3,058	2,858
Worldwide Energy Products sales		5,658	5,277	5,423	5,537	5,310
	Gasolines, naphthas	2,401	2,177	2,270	2,335	2,208
	Heating oils, kerosene, diesel	1,842	1,770	1,798	1,818	1,755
	Aviation fuels	344	312	349	365	350
	Heavy fuels	228	215	210	252	228
	Other energy products	844	803	796	767	769
Worldwide Energy Products sales		5,658	5,277	5,423	5,537	5,310
Chemical Products sales, kt
	United States	1,725	1,561	1,583	1,658	1,998
	Non-U.S.	3,124	3,088	3,076	3,023	2,812
Worldwide Chemical Products sales		4,849	4,649	4,658	4,680	4,811
Specialty Products sales, kt
	United States	514	476	455	483	590
	Non-U.S.	1,391	1,464	1,332	1,434	1,511
Worldwide Specialty Products sales		1,905	1,940	1,787	1,917	2,100

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2Q23 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 4)
Earnings Factor Analysis, $M	2Q23 vs. 2Q22	2Q23 vs. 1Q23	2023 vs. 2022 (YTD)
Upstream
Prior Period	11,371	6,457	15,859
Realization	(6,300)	(1,430)	(8,110)
Volume / Mix	(150)	(330)	520
Expenses	(30)	—	(210)
Identified Items	(310)	150	2,790
Other	—	(270)	190
Current Period	4,577	4,577	11,034
Energy Products
Prior Period	5,273	4,183	5,077
Margin	(3,100)	(2,280)	1,370
Volume / Mix	90	190	290
Expenses	(110)	(40)	(290)
Identified Items	20	50	(10)
Other	140	210	60
Current Period	2,310	2,310	6,493
Chemical Products
Prior Period	1,076	371	2,481
Margin	(150)	360	(730)
Volume / Mix	(100)	20	(350)
Expenses	(50)	50	(220)
Other	50	30	20
Current Period	828	828	1,199
Specialty Products
Prior Period	417	774	893
Margin	320	(110)	690
Volume / Mix	(90)	(20)	(80)
Expenses	(40)	(50)	(40)
Other	60	80	(20)
Current Period	671	671	1,445
Upstream Volume Factor Analysis, koebd	2Q23 vs. 2Q22	2Q23 vs. 1Q23	2023 vs. 2022 (YTD)
Prior Period	3,732	3,831	3,704
Entitlements - Net Interest	(26)	—	(46)
Entitlements - Price / Spend / Other	77	(45)	64
Government Mandates	(47)	(42)	(25)
Divestments	(152)	(30)	(141)
Growth / Other	24	(106)	163
Current Period	3,608	3,608	3,719

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2Q23 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 4)
Average Realization Data	2Q23	1Q23	4Q22	3Q22	2Q22
United States
ExxonMobil
Crude ($/b)	71.36	73.95	82.14	91.69	107.78
Natural Gas ($/kcf)	1.45	3.20	6.62	8.38	6.49
Benchmarks
WTI ($/b)	73.78	76.11	82.85	91.76	108.66
ANS-WC ($/b)	78.43	79.14	87.96	98.82	112.11
Henry Hub ($/mbtu)	2.09	3.44	6.26	8.20	7.17
Non-U.S.
ExxonMobil
Crude ($/b)	70.08	67.93	75.78	91.42	103.15
Natural Gas ($/kcf)	11.44	17.39	21.11	22.92	19.68
European NG ($/kcf)	14.61	27.46	35.52	37.24	27.90
Benchmarks
Brent ($/b)	78.40	81.28	88.71	100.85	113.78

The above numbers reflect ExxonMobil’s current estimate of volumes and realizations given data available as of the end of the second quarter of 2023. 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.

Sources and Uses of Funds, $M	2Q23	YTD 2023
Beginning Cash	32,676	29,665
Earnings	7,880	19,310
Depreciation	4,242	8,486
Working Capital / Other	(2,739)	(2,072)
Proceeds Associated with Asset Sales	1,287	2,141
Cash Capital Expenditures ¹	(5,643)	(11,422)
Shareholder Distributions	(8,041)	(16,118)
Debt / Other Financing	(105)	(433)
Ending Cash	29,557	29,557
¹ 2Q23 Cash Capital Expenditures includes PP&E adds of ($5.4B) and net advances of ($0.3B).   YTD Cash Capital Expenditures includes PP&E adds of ($10.8B) and net advances of ($0.7B).

Throughout this press release, both Exhibit 99.1 as well as Exhibit 99.2, due to rounding, numbers presented may not add up precisely to the totals indicated.