Exxon Mobil Corporation · NYSE:XOM
Exxon Mobil — Corporate Update (June 2022)
6 slides from Exxon Mobil's corporate update, Jun 17, 2022
Slide 1: Product Solutions Reporting Disclosure
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT FORWARD-LOOKING STATEMENTS. Statements of future events, conditions, or expectations in this presentation are forward-looking statements. Actual future results, including financial and operating performance, modeling guidance, earnings, and cash flow, production rates; and produ
Slide 3: Updated Reporting Disclosure
UPDATED REPORTING DISCLOSURE + Product Solutions consolidates the world’s largest integrated chemicals, fuels, and lubricants company + New business is focused on growing high-value products, improving competitiveness, and leading in sustainability + Providing greater transparency with re-segmented
Slide 4: Updated Reporting Segmentation
UPDATED REPORTING SEGMENTATION Product Solutions business to be reported in 3 segments beginning with 2Q22 results 1Q22 REPORTING SEGMENTS 2Q22 REPORTING SEGMENTS UPSTREAM UPSTREAM ENERGY PRODUCTS DOWNSTREAM CHEMICAL PRODUCTS SPECIALTY PRODUCTS CHEMICAL SNOILN10S LOnNdodd CORPORATE & FINANCING CORPO
Slide 5: Product Solutions Amplifies Advantages
PRODUCT SOLUTIONS AMPLIFIES ADVANTAGES Evolving our model to strengthen competitiveness PRIOR STRUCTURE CURRENT STRUCTURE, EFFECTIVE APRIL 1 ENERGY CHEMICAL ECIA\ eM see SAE Sets PRODUCTS PRODUCTS PROD + Fuels Olefins Fuels * Olefins + Finished lubricants + Finished lubricants + Polyethylene * Aroma
Slide 6: Product Solutions Modeling Guidance
PRODUCT SOLUTIONS MODELING GUIDANCE + Energy Products earnings driven by fuels refining margins — Fuels > 95% of combined segment sales volume — Leveraging existing manufacturing footprint to develop biofuels * Chemical Products earnings primarily driven by polyethylene and polypropylene value chain