Exxon Mobil Corporation

Quarterly earnings

 

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3Q 2022 earnings overview

  • Grew earnings and cash flow from operating activities to $19.7 billion (U.S. GAAP) and $24.4 billion, respectively, as strong volume performance, including record refining volumes1, rigorous cost control and higher natural gas realizations more than offset lower crude realizations, and weaker industry refining margins
  • Achieved best-ever quarterly refining throughput in North America and highest globally since 20081
  • Delivered strong quarterly oil and gas production, including record Permian production of nearly 560,000 oil-equivalent barrels per day to better serve demand; year-on-year, total production increased 50,000 oil-equivalent barrels per day
  • Signed largest-of-its-kind commercial agreement to capture and permanently store up to 2 million metric tons of CO2 emissions per year
  • Declared fourth-quarter dividend of $0.91 per share, an increase of $0.03 per share; paying out $15 billion in aggregate for the year 

For reconciliation of and other information about non-GAAP measures, please refer to the earnings release.

1Best-ever quarterly refining throughput in North America and highest globally since 2008, both based on current refinery circuit.

4,165 K

Barrels per day of refining throughput

+50 K

Increase in oil-equivalent barrels
per day in 3Q22 versus 3Q21

$19.7 B

U.S. GAAP earnings

$0.91

Per share dividend declared for 4Q22;
increase of $0.03 versus 3Q22

3Q 2022 earnings conference call

Date: Oct. 28, 2022, 7:30 a.m. CT
Speakers:
Darren Woods, Chairman and Chief Executive Officer;
Kathy Mikells, Senior Vice President and Chief Financial Officer; and
Jennifer Driscoll, Vice President - Investor Relations

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Transcript

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Form 10-K / 10-Q

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