Exxon Mobil Corporation 8-K






UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 8-K



CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934




Date of Report (Date of earliest event reported) October 26, 2006


Exxon Mobil Corporation

(Exact name of registrant as specified in its charter)




New Jersey

1-2256

13-5409005

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)




5959 LAS COLINAS BOULEVARD, IRVING, TEXAS 75039-2298

          (Address of principal executive offices)                                            (Zip Code)



 (Registrant’s telephone number, including area code): (972) 444-1000





   
 

(Former name or former address, if changed since last report)

 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))











Item 7.01

Regulation FD Disclosure

Item 2.02

Results of Operations and Financial Condition



The following information is furnished pursuant to both Item 7.01 and Item 2.02.


The Registrant hereby furnishes the information set forth in its News Release, dated October 26, 2006, announcing third quarter 2006 results, a copy of which is included as Exhibit 99.1, and furnishes the information in the related 3Q06 Investor Relations Data Summary, a copy of which is included as Exhibit 99.2.












































-2-










SIGNATURE





Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.




EXXON MOBIL CORPORATION



Date: October 26, 2006

By:

/s/ Patrick T. Mulva

----------------------------------------------

Name:

Patrick T. Mulva

Title:

Vice President, Controller and

Principal Accounting Officer


























-3-





INDEX TO EXHIBITS




Exhibit No.

Description


99.1

Exxon Mobil Corporation News Release, dated October 26, 2006, announcing third quarter 2006 results.


99.2

3Q06 Investor Relations Data Summary.













































-4-


Exxon Mobil Corporation - 8k 99.1

EXHIBIT 99.1


News Release

[r8k3q0699002.gif]

 

Exxon Mobil Corporation

 

5959 Las Colinas Boulevard

 

Irving, TX  75039

 

972 444 1107 Telephone

 

972 444 1138 Facsimile

 

 
  

FOR IMMEDIATE RELEASE

 

THURSDAY, OCTOBER 26, 2006

 

 

 



EXXON MOBIL CORPORATION ANNOUNCES ESTIMATED

THIRD QUARTER 2006 RESULTS






 

Third Quarter

 

Nine Months

 
 

2006

2005

%

2006

2005

%

Net Income

      

   $ Millions

10,490

9,920

6

29,250

25,420

15

   $ Per Common Share

      

  Assuming Dilution

1.77

1.58

12

4.86

4.00

22

  

 

    

Special Items

      

   $ Millions

0

1,620

 

0

1,880

 
       

Earnings Excluding Special Items

      

   $ Millions

10,490

8,300

26

29,250

23,540

24

   $ Per Common Share

      

  Assuming Dilution

1.77

1.32

34

4.86

3.70

31

       

Capital and Exploration

      

Expenditures - $ Millions

5,061

4,414

 

14,786

12,368

 



IRVING, TX, October 26 -- Exxon Mobil Corporation today reported third quarter net income of $10,490 million ($1.77 per share), an increase of $570 million from the third quarter of 2005.  Net income for the first nine months of 2006 was a record at $29,250 million, up $3,830 million from 2005.




EXXONMOBIL'S CHAIRMAN REX W. TILLERSON COMMENTED:


"ExxonMobil's third quarter earnings excluding special items were a record $10,490 million, up 26% from third quarter 2005.  Earnings per share excluding special items were up 34% reflecting the impact of the continuing share purchase program.  Higher crude oil and natural gas realizations and improved marketing and chemical margins were partly offset by lower refining margins.  Net income for the third quarter was up 6% from 2005.  Record net income of $29,250 million ($4.86 per share) for the first nine months of 2006, increased by 15% versus 2005.


ExxonMobil continued its active efforts to increase world energy supplies.  In the first nine months of 2006, spending on capital and exploration projects was $14.8 billion, an increase of 20% over 2005.  In the third quarter of 2006, the results of our continuing long-term investment program yielded an additional 270 thousand oil-equivalent barrels per day of production, a 7% increase over the third quarter of 2005.


The Corporation distributed a total of $8.9 billion to shareholders in the third quarter through dividends and share purchases to reduce shares outstanding, an increase of 30% or $2.1 billion versus 2005."



THIRD QUARTER HIGHLIGHTS


·

Earnings excluding special items were a record $10,490 million, an increase of 26% or $2,190 million from the third quarter of 2005.


·

Net income was up 6%.  There were no special items in third quarter 2006.  Third quarter 2005 net income included a special gain of $1,620 million related to the restructuring of the Corporation's interest in the Dutch gas transportation business.


·

Spending on capital and exploration projects was $5.1 billion, an increase of 15% versus 2005.


·

Cash flow from operations and asset sales was approximately $15.4 billion, including asset sales of $0.8 billion.


·

Earnings per share excluding special items were $1.77, an increase of 34%, reflecting strong earnings and the reduction in the number of shares outstanding.


·

The multiphase Sakhalin-1 project offshore Russia was commissioned with oil production expected to ramp up to an estimated peak rate of 250,000 barrels a day (gross) by around the end of the year.


·

The Nigeria Erha North project started production within 30 months of discovery, and was on budget.


·

Transition to new U.S. ultra-low sulfur diesel was successfully completed.





-2-


Third Quarter 2006 vs. Third Quarter 2005


Upstream earnings excluding special items were $6,493 million, up $764 million from the third quarter of 2005 primarily reflecting higher crude oil and natural gas realizations.  

  

On an oil-equivalent basis, production increased by 7% from the third quarter of 2005.  Excluding the impact of divestments and entitlements, production increased 10%.


Liquids production of 2,646 kbd (thousands of barrels per day) was up 195 kbd.  Higher production from projects in West Africa and increased volumes in Abu Dhabi were partly offset by mature field decline, entitlement effects and divestment impacts.  Excluding entitlement and divestment effects, liquids production increased by 12%.


Third quarter natural gas production was 8,163 mcfd (millions of cubic feet per day) compared with 7,716 mcfd last year.  Higher volumes from projects in Qatar and absence of 2005 hurricane effects were partly offset by the impact of mature field decline and lower European demand.


Earnings from U.S. Upstream operations were $1,192 million, $479 million lower than the third quarter of 2005.  Non-U.S. Upstream earnings excluding special items were $5,301 million, up $1,243 million from 2005.  


Downstream earnings were $2,738 million, up $610 million from the third quarter 2005.  The improved results reflect stronger worldwide marketing margins, which were partly offset by weaker refining margins.  Petroleum product sales were 7,302 kbd, 175 kbd lower than last year's third quarter, primarily due to divestments.


U.S. Downstream earnings were $1,272 million, up $163 million.  Non-U.S. Downstream earnings of $1,466 million were $447 million higher than in the third quarter of 2005.




-3-




Chemical earnings were $1,351 million, up $879 million from the third quarter 2005.  The increase reflects stronger margins, partially offset by weaker demand for commodities.  Prime product sales of 6,752 kt (thousands of metric tons) were down 203 kt from last year's third quarter.


Corporate and financing expenses were $92 million, versus $29 million in third quarter 2005.


During the third quarter of 2006, Exxon Mobil Corporation purchased 126 million shares of its common stock for the treasury at a gross cost of $8.4 billion.  These purchases included $7.0 billion to reduce the number of shares outstanding and the balance to offset shares issued in conjunction with the company benefits plans and programs.  Shares outstanding were reduced from 5,945 million at the end of the second quarter to 5,832 million at the end of the third quarter.  Purchases may be made in both the open market and through negotiated transactions, and may be increased, decreased or discontinued at any time without prior notice.





-4-


First Nine Months 2006 vs. First Nine Months 2005


Net income of $29,250 million ($4.86 per share) increased $3,830 million from 2005.  Net income for 2005 included net special items totaling a gain of $1,880 million.  Excluding special items, earnings increased by $5,710 million versus 2005.



FIRST NINE MONTHS HIGHLIGHTS


·

Earnings excluding special items were a record $29,250 million, an increase of 24% reflecting ExxonMobil's continuing strong performance across all business segments.


·

Earnings per share excluding special items increased by 31% due to strong earnings and the reduction in the number of shares outstanding.


·

Net income was up 15%.  There were no special items in the first nine months of 2006.  Net income for the first nine months of 2005 included a $1,620 million special gain related to the restructuring of the Corporation's interest in the Dutch gas transportation business, a $460 million positive impact from the sale of the Corporation's interest in Sinopec and a $200 million litigation charge.


·

Cash flow from operations and asset sales was approximately $42.8 billion, including $2.3 billion from asset sales.


·

The Corporation has distributed a total of $23.8 billion to shareholders in 2006 through dividends and share purchases to reduce shares outstanding, an increase of $7.4 billion versus 2005.


·

Capital and exploration expenditures were $14.8 billion, an increase of $2.4 billion versus 2005.


·

Oil-equivalent production is up 6%.



Upstream earnings excluding special items were $20,010 million, an increase of $4,319 million from 2005, primarily reflecting higher liquids and natural gas realizations.


On an oil-equivalent basis, production increased 6% from last year.  Excluding divestment and entitlement effects, production increased by 9%.


Liquids production of 2,682 kbd increased by 195 kbd from 2005.  Higher production from projects in West Africa and increased volumes in Abu Dhabi were partly offset by mature field decline, entitlement effects and divestment impacts.  Excluding entitlement effects and divestments, liquids production increased 12%.



-5-



Natural gas production of 9,353 mcfd increased 295 mcfd from 2005.  Higher volumes from projects in Qatar were partly offset by mature field decline.


Earnings from U.S. Upstream operations for 2006 were $4,116 million, a decrease of $297 million.  Earnings outside the U.S. excluding special items were $15,894 million, $4,616 million higher than 2005.


Downstream earnings excluding special items were $6,494 million, an increase of $1,002 million from 2005 reflecting stronger worldwide refining and marketing margins, partly offset by lower refining throughput.  Petroleum product sales of 7,180 kbd decreased from 7,494 kbd in 2005, primarily due to lower refining throughput and divestments.


U.S. Downstream earnings excluding special items were $3,305 million, up $352 million.  Non-U.S. Downstream earnings excluding special items were $3,189 million, $650 million higher than last year.


Chemical earnings excluding special items were $3,140 million, up $572 million from 2005.  Margins and volumes were both higher.  Prime product sales were 20,523 kt, up 38 kt from 2005.


Corporate and financing expenses of $394 million increased by $183 million mainly due to tax items.


Gross share purchases in 2006 of $21.2 billion reduced shares outstanding by 4.9%.




-6-



Estimates of key financial and operating data follow.  


ExxonMobil will discuss financial and operating results and other matters on a webcast at 10 a.m. Central time on October 26, 2006.  To listen to the event live or in archive, go to our website at www.exxonmobil.com.



Statements in this release relating to future plans, projections, events, or conditions are forward-looking statements.  Actual results, including project plans, resource recoveries, timing, and capacities, could differ materially due to changes in long-term oil or gas prices or other market conditions affecting the oil and gas industry; adverse political events; reservoir performance; the outcome of commercial negotiations; potential liability resulting from pending or future litigation; wars and acts of terrorism or sabotage; changes in technical or operating conditions; and other factors discussed under the heading "Factors Affecting Future Results" on our website and in Item 1A of ExxonMobil's 2005 Form 10-K.  We assume no duty to update these statements as of any future date.


Consistent with previous practice this press release includes both net income and earnings excluding special items.  Earnings that exclude special items are a non-GAAP financial measure and are included to help facilitate comparisons of base business performance across periods.  A reconciliation to net income is shown in Attachment II.  The release also includes cash flow from operations and asset sales.  Because of the regular nature of our asset management and divestment program, we believe it is useful for investors to consider sales proceeds together with cash provided by operating activities when evaluating cash available for investment in the business and financing activities.  Calculation of this cash flow is shown in Attachment II.  Further information on ExxonMobil's frequently used financial and operating measures is contained on pages 28 and 29 in the 2005 Form 10-K and is also available through the Investor Information section of our website at www.exxonmobil.com.





-7-


 

 

Attachment I

  

 

 

EXXON MOBIL CORPORATION

 

 

THIRD QUARTER 2006

 

 

(millions of dollars, unless noted)

 

 

 

Third Quarter

 

Nine Months

 

 

 

2006

2005

 

2006

2005

 

 

Earnings / Earnings Per Share

     

 

 

      

 

 

Total revenues and other income1

99,593

100,717

 

287,607

271,336

 

 

Total costs and other deductions1

81,415

84,665

 

235,766

229,622

 

 

Income before income taxes

18,178

16,052

 

51,841

41,714

 

 

Income taxes

7,688

6,132

 

22,591

16,294

 

 

Net income (U.S. GAAP)

10,490

9,920

 

29,250

25,420

 

 

      

 

 

Net income per common share (dollars)

1.79

1.60

 

4.91

4.04

 

 

      

 

 

Net income per common share

     

 

 

- assuming dilution (dollars)

1.77

1.58

 

4.86

4.00

 

 

      

 

 

Other Financial Data

     

 

 

      

 

 

Dividends on common stock

 

 

 

 

 

 

 

Total

1,892

1,822

 

5,775

5,390

 

 

Per common share (dollars)

0.32

0.29

 

0.96

0.85

 

 

      

 

 

Millions of common shares outstanding

     

 

 

At September 30

 

 

 

5,832

6,222

 

 

Average - assuming dilution

5,922

6,303

 

6,022

6,361

 

 

      

 

 

Shareholders' equity at September 30

   

116,593

107,890

 

 

Capital employed at September 30

   

126,772

117,976

 

 

      

 

 

Income taxes

7,688

6,132

 

22,591

16,294

 

 

Excise taxes

7,764

8,160

 

23,639

22,913

 

 

All other taxes

10,793

11,544

 

31,573

33,700

 

 

Total taxes

26,245

25,836

 

77,803

72,907

 

 

      

 

 

ExxonMobil's share of income taxes

     

 

 

of equity companies

434

998

 

1,311

1,760

 

 

      

 

 

1 Third quarter 2005 included $8,439 million and the first nine months of 2005 included $23,106 million for
  purchases/sales contracts with the same counterparty.  These transactions are reported on a net basis in
  2006.

 

 

 

 

 

 

 

 

 




-8-



 

Attachment II

  

 

EXXON MOBIL CORPORATION

 

 

THIRD QUARTER 2006

 

 

(millions of dollars)

 

 

 

Third Quarter

 

Nine Months

 

 

 

2006

2005

 

2006

2005

 

 

Net Income (U.S. GAAP)

     

 

 

Upstream

     

 

 

United States

1,192

1,671

 

4,116

4,413

 

 

Non-U.S.

5,301

5,678

 

15,894

12,898

 

 

Downstream

     

 

 

United States

1,272

1,109

 

3,305

2,753

 

 

Non-U.S.

1,466

1,019

 

3,189

2,849

 

 

Chemical

     

 

 

United States

458

70

 

976

905

 

 

Non-U.S.

893

402

 

2,164

1,813

 

 

Corporate and financing

(92)

(29)

 

(394)

(211)

 

 

Corporate total

10,490

9,920

 

29,250

25,420

 

 

Special Items

     

 

 

Upstream

     

 

 

United States

0

0

 

0

0

 

 

Non-U.S.

0

1,620

 

0

1,620

 

 

Downstream

     

 

 

United States

0

0

 

0

(200)

 

 

Non-U.S.

0

0

 

0

310

 

 

Chemical

     

 

 

United States

0

0

 

0

0

 

 

Non-U.S.

0

0

 

0

150

 

 

Corporate and financing

0

0

 

0

0

 

 

Corporate total

0

1,620

 

0

1,880

 

 

Earnings Excluding Special Items

     

 

 

Upstream

     

 

 

United States

1,192

1,671

 

4,116

4,413

 

 

Non-U.S.

5,301

4,058

 

15,894

11,278

 

 

Downstream

     

 

 

United States

1,272

1,109

 

3,305

2,953

 

 

Non-U.S.

1,466

1,019

 

3,189

2,539

 

 

Chemical

     

 

 

United States

458

70

 

976

905

 

 

Non-U.S.

893

402

 

2,164

1,663

 

 

Corporate and financing

(92)

(29)

 

(394)

(211)

 

 

Corporate total

10,490

8,300

 

29,250

23,540

 

 

Cash flow from operations and asset sales (billions of dollars)

 

 

 

 

Net cash provided by operating activities   (U.S. GAAP)

14.6

15.7

 

40.5

37.7

 

 

Sales of subsidiaries, investments and property, plant and equipment

0.8

0.8

 

2.3

4.6

 

 

Cash flow from operations and asset sales

15.4

16.5

 

42.8

42.3

 




-9-



 

Attachment III

  

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

THIRD QUARTER 2006

 

 

      

 

 

 

Third Quarter

 

Nine Months

 

 

 

2006

2005

 

2006

2005

 

 

Net production of crude oil

     

 

 

and natural gas liquids,

     

 

 

thousands of barrels daily (kbd)

     

 

 

United States

377

439

 

418

493

 

 

Canada

303

317

 

311

343

 

 

Europe

490

516

 

521

548

 

 

Africa

801

688

 

783

623

 

 

Asia Pacific/Middle East

507

337

 

485

331

 

 

Russia/Caspian

125

106

 

121

100

 

 

Other

43

48

 

43

49

 

 

Worldwide

2,646

2,451

 

2,682

2,487

 

 

      

 

 

Natural gas production available for sale,

     

 

 

millions of cubic feet daily (mcfd)

     

 

 

United States

1,588

1,609

 

1,644

1,779

 

 

Canada

864

926

 

862

921

 

 

Europe

2,836

2,930

 

4,079

4,151

 

 

Asia Pacific/Middle East

2,703

2,096

 

2,595

2,051

 

 

Russia/Caspian

91

70

 

86

70

 

 

Other

81

85

 

87

86

 

 

Worldwide

8,163

7,716

 

9,353

9,058

 

 

      

 

 

Oil-equivalent production (koebd)1

4,007

3,737

 

4,241

3,997

 

 

      

 

 

1Gas converted to oil-equivalent at 6 million cubic feet = 1 thousand barrels

 

 

 

 

 

 

 

 

 

 




-10-



 

Attachment IV

  

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

THIRD QUARTER 2006

 

 

      

 

 

 

Third Quarter

 

Nine Months

 

 

 

2006

2005

 

2006

2005

 

 

Petroleum product sales (kbd)1

     

 

 

United States

2,725

2,798

 

2,688

2,824

 

 

Canada

475

492

 

470

492

 

 

Europe

1,825

1,837

 

1,824

1,811

 

 

Asia Pacific

1,482

1,527

 

1,437

1,543

 

 

Other

795

823

 

761

824

 

 

Worldwide

7,302

7,477

 

7,180

7,494

 

 

      

 

 

Gasolines, naphthas

2,898

2,992

 

2,836

2,953

 

 

Heating oils, kerosene, diesel

2,160

2,151

 

2,153

2,209

 

 

Aviation fuels

687

713

 

651

693

 

 

Heavy fuels

703

675

 

685

674

 

 

Specialty products

854

946

 

855

965

 

 

Total

7,302

7,477

 

7,180

7,494

 

 

      

 

 

Refinery throughput (kbd)

     

 

 

United States

1,766

1,744

 

1,734

1,836

 

 

Canada

461

439

 

438

462

 

 

Europe

1,721

1,735

 

1,691

1,657

 

 

Asia Pacific

1,484

1,530

 

1,420

1,492

 

 

Other

324

316

 

288

300

 

 

Worldwide

5,756

5,764

 

5,571

5,747

 

 

      

 

 

Chemical prime product sales,

 

 

 

 

 

 

 

thousands of metric tons (kt)

     

 

 

United States

2,680

2,639

 

7,928

8,141

 

 

Non-U.S.

4,072

4,316

 

12,595

12,344

 

 

Worldwide

6,752

6,955

 

20,523

20,485

 

 

1 All petroleum product sales data is reported net of purchases/sales contracts with the same counterparty.     

 

 

 

 

 

 

 

 

 




-11-



 

Attachment V

  

 

 

 

 

 

 

 

 

 

EXXON MOBIL CORPORATION

 

 

THIRD QUARTER 2006

 

 

(millions of dollars)

 

 

     

 

 

 

Third Quarter

 

Nine Months

 

 

 

2006

2005

 

2006

2005

 

 

Capital and Exploration Expenditures

     

 

 

Upstream

     

 

 

United States

606

628

 

1,773

1,600

 

 

Non-U.S.

3,536

2,958

 

10,388

8,476

 

 

Total

4,142

3,586

 

12,161

10,076

 

 

Downstream

     

 

 

United States

215

191

 

627

540

 

 

Non-U.S.

443

455

 

1,354

1,207

 

 

Total

658

646

 

1,981

1,747

 

 

Chemical

     

 

 

United States

75

54

 

202

182

 

 

Non-U.S.

120

108

 

323

303

 

 

Total

195

162

 

525

485

 

 

 

     

 

 

Other

66

20

 

119

60

 

 

      

 

 

Worldwide

5,061

4,414

 

14,786

12,368

 

 

      

 

 

      

 

 

Exploration expenses charged to income

     

 

 

included above

     

 

 

Consolidated affiliates

     

 

 

United States

85

29

 

184

103

 

 

Non-U.S.

263

215

 

611

517

 

 

Equity companies - ExxonMobil share

     

 

 

United States

0

0

 

0

0

 

 

Non-U.S.

2

5

 

5

17

 

 

Worldwide

350

249

 

800

637

 

 

 

 

 

 

 

 

 




-12-



 

Attachment VI

  

 

 

 

EXXON MOBIL CORPORATION

 

NET INCOME

 

   

 

 

  

$ Millions

$ Per Common Share

 

   

 

 

 

2002

 

 

 

 

First Quarter

2,090

0.30

 

 

Second Quarter

2,640

0.40

 

 

Third Quarter

2,640

0.39

 

 

Fourth Quarter

4,090

0.60

 

 

Year

                 11,460

1.69

 

   

 

 

 

2003

 

 

 

 

First Quarter

7,040

1.05

 

 

Second Quarter

4,170

0.63

 

 

Third Quarter

3,650

0.55

 

 

Fourth Quarter

6,650

1.01

 

 

Year

                 21,510

3.24

 

   

 

 

 

2004

 

 

 

 

First Quarter

5,440

0.83

 

 

Second Quarter

5,790

0.89

 

 

Third Quarter

5,680

0.88

 

 

Fourth Quarter

8,420

1.31

 

 

Year

                 25,330

3.91

 

   

 

 

 

2005

 

 

 

 

First Quarter

7,860

1.23

 

 

Second Quarter

7,640

1.21

 

 

Third Quarter

9,920

1.60

 

 

Fourth Quarter

                 10,710

1.72

 

 

Year

                 36,130

5.76

 

   

 

 

 

2006

 

 

 

 

First Quarter

                   8,400

1.38

 

 

Second Quarter

                 10,360

1.74

 

 

Third Quarter

                 10,490

1.79

 

 

 

 

 




-13-


Exxon Mobil Corporation 8-k 99.2



EXHIBIT 99.2

EXXON MOBIL CORPORATION

      

3Q06 INVESTOR RELATIONS DATA SUMMARY (PAGE 1 of 6)

 

Net Income (U.S. GAAP), $M

3Q06

2Q06

1Q06

4Q05

3Q05

Upstream

  United States

1,192 

1,644 

1,280 

1,787 

1,671 

  Non-U.S.

5,301 

5,490 

5,103 

5,251 

5,678 

  Total

6,493 

7,134 

6,383 

7,038 

7,349 

Downstream

  United States

1,272 

1,354 

679 

1,158 

1,109 

  Non-U.S.

1,466 

1,131 

592 

1,232 

1,019 

  Total

2,738 

2,485 

1,271 

2,390 

2,128 

Chemical

  United States

458 

189 

329 

281 

70 

  Non-U.S.

893 

651 

620 

944 

402 

  Total

1,351 

840 

949 

1,225 

472 

      

Corporate and financing

(92)

(99)

(203)

57 

(29)

Net income (U.S. GAAP)

10,490 

10,360 

8,400 

10,710 

9,920 

Net income per common share (U.S. GAAP)

1.79 

1.74 

1.38 

1.72 

1.60 

Net income per common share

 - assuming dilution (U.S. GAAP)

1.77 

1.72 

1.37 

1.71 

1.58 

      

Special Items $M

Upstream

  United States

  Non-U.S.

1,620 

  Total

1,620 

Downstream

  United States

  Non-U.S.

  Total

Chemical

  United States

  Non-U.S.

390 

  Total

390 

      

Corporate and financing

Corporate total

390 

1,620 

 

Earnings Excluding Special Items $M

Upstream

  United States

1,192 

1,644 

1,280 

1,787 

1,671 

  Non-U.S.

5,301 

5,490 

5,103 

5,251 

4,058 

  Total

6,493 

7,134 

6,383 

7,038 

5,729 

Downstream

 

 

 

 

 

  United States

1,272 

1,354 

679 

1,158 

1,109 

  Non-U.S.

1,466 

1,131 

592 

1,232 

1,019 

  Total

2,738 

2,485 

1,271 

2,390 

2,128 

Chemical

  United States

458 

189 

329 

281 

70 

  Non-U.S.

893 

651 

620 

554 

402 

  Total

1,351 

840 

949 

835 

472 

      

Corporate and financing

(92)

(99)

(203)

57 

(29)

Corporate total

10,490 

10,360 

8,400 

10,320 

8,300 

EPS excluding Special Items - assuming dilution

1.77

1.72

1.37

1.65

1.32

EXXON MOBIL CORPORATION

      

3Q06 INVESTOR RELATIONS DATA SUMMARY (PAGE 2 of 6)

 

Supplemental Information (continued)

      

Net production of crude oil and

3Q06

2Q06

1Q06

4Q05

3Q05

natural gas liquids, kbd

  United States

377 

435 

442 

431 

439 

  Canada

303 

300 

332 

356 

317 

  Europe

490 

511 

563 

539 

516 

  Africa

801 

808 

741 

795 

688 

  Asia Pacific/Middle East

507 

481 

467 

330 

337 

  Russia/Caspian

125 

125 

114 

131 

106 

  Other

43 

42 

39 

47 

48 

Total liquids production

2,646 

2,702 

2,698 

2,629 

2,451 

      

Natural gas production available for sale, mcfd

  United States

1,588 

1,656 

1,690 

1,620 

1,609 

  Canada

864 

841 

882 

912 

926 

  Europe

2,836 

3,466 

5,970 

4,804 

2,930 

  Asia Pacific/Middle East

2,703 

2,616 

2,462 

2,303 

2,096 

  Russia/Caspian

91 

85 

82 

98 

70 

  Other

81 

90 

89 

85 

85 

Total natural gas production available for sale

8,163 

8,754 

11,175 

9,822 

7,716 

      

Total worldwide liquids and gas production, koebd

4,007 

4,161 

4,560 

4,266 

3,737 

      

Refinery throughput, kbd

  United States

1,766 

1,720 

1,716 

1,669 

1,744 

  Canada

461 

366 

486 

479 

439 

  Europe

1,721 

1,707 

1,645 

1,717 

1,735 

  Asia Pacific

1,484 

1,312 

1,465 

1,484 

1,530 

  Other Non-U.S.

324 

302 

236 

303 

316 

Total refinery throughput

5,756 

5,407 

5,548 

5,652 

5,764 

      

Petroleum product sales, kbd (1)

  United States

2,725 

2,689 

2,651 

2,816 

2,798 

  Canada

475 

451 

484 

517 

492 

  Europe

1,825 

1,852 

1,797 

1,863 

1,837 

  Asia Pacific

1,482 

1,303 

1,527 

1,613 

1,527 

  Other Non-U.S.

795 

765 

718 

783 

823 

Total petroleum product sales

7,302 

7,060 

7,177 

7,592 

7,477 

      

  Gasolines, naphthas

2,898 

2,875 

2,735 

2,969 

2,992 

  Heating oils, kerosene, diesel

2,160 

2,055 

2,244 

2,290 

2,151 

  Aviation fuels

687 

632 

634 

626 

713 

  Heavy fuels

703 

665 

685 

732 

675 

  Specialty products

854 

833 

879 

975 

946 

Total petroleum product sales

7,302 

7,060 

7,177 

7,592 

7,477 

      

Chemical prime product sales, kt

  United States

 2,680 

 2,628 

 2,620 

 2,228 

 2,639 

  Non-U.S.

4,072 

4,227 

4,296 

4,064 

4,316 

Total chemical prime product sales

 6,752 

 6,855 

 6,916 

 6,292 

 6,955 

      

(1) All petroleum product sales data is reported net of purchases/sales contracts with the same counterparty.

 

EXXON MOBIL CORPORATION

      

3Q06 INVESTOR RELATIONS DATA SUMMARY (PAGE 3 of 6)

 

Supplemental Information (continued)

      

Average Realization Data

3Q06

2Q06

1Q06

4Q05

3Q05

United States

  ExxonMobil

    Crude ($/b)

62.07

63.46

55.99

52.23

56.97

    Natural Gas ($/kcf)

6.36

6.40

8.22

11.34

7.88

      

  Benchmarks

    WTI ($/b)

70.38

70.36

63.28

59.99

63.05

    ANS-WC ($/b)

68.95

68.74

60.87

57.87

60.79

   Henry Hub ($/mbtu)

6.58

6.80

9.01

13.00

8.53

      

Non-U.S.

  ExxonMobil

    Crude ($/b)

65.64

65.16

57.05

53.02

58.24

    Natural Gas ($/kcf)

6.48

6.70

7.42

6.99

5.61

    European NG ($/kcf)

7.67

7.73

8.04

7.11

5.61

      

  Benchmarks

    Brent ($/b)

69.49

69.62

61.75

56.90

61.54

      

Capital and Exploration Expenditures, $M

Upstream

  United States

 606 

 619 

 548 

 542 

 628 

  Non-U.S.

3,536 

3,313 

3,539 

3,852 

2,958 

  Total

 4,142 

 3,932 

 4,087 

 4,394 

 3,586 

Downstream

  United States

 215 

 250 

 162 

 213 

 191 

  Non-U.S.

443 

492 

419 

535 

455 

  Total

 658 

 742 

 581 

 748 

 646 

Chemical

  United States

 75 

 64 

 63 

 61 

 54 

  Non-U.S.

120 

122 

81 

108 

108 

  Total

 195 

 186 

 144 

 169 

 162 

Other

 66 

 41 

 12 

 20 

 20 

      

Total Capital and Exploration Expenditures

 5,061 

 4,901 

 4,824 

 5,331 

 4,414 

      

Exploration Expense Charged to Income, $M

  Consolidated - United States

85 

36 

63 

54 

29 

                            - Non-U.S.

263 

134 

214 

278 

215 

  Non-consolidated - ExxonMobil share - United States

                                                                       - Non-U.S.

Total Exploration Expense Charged to Income

350 

170 

280 

332 

249 

      

Effective Income Tax Rate, %

43.6%

44.2%

47.4%

41.1%

41.8%

      

Common Shares Outstanding (millions)

  At quarter end

 5,832 

 5,945 

 6,050 

 6,133 

 6,222 

  Average - assuming dilution

 5,922 

 6,030 

 6,126 

 6,211 

 6,303 

      

Total Cash and Cash Equivalents ($G)

37.3 

36.7 

36.5 

33.3 

33.8 

  Including restricted cash $4.6G

      

Total Debt ($G)

8.6 

8.4 

8.0 

8.0 

8.5 

      

Cash Flows from Operations and Asset Sales ($G)

  Net cash provided by operating activities

 14.6 

 11.3 

 14.6 

 10.5 

 15.7 

  Sales of subsidiaries, investments and PP&E

0.8 

1.1 

0.4 

1.4 

0.8 

  Cash flows from operations and asset sales

 15.4 

 12.4 

 15.0 

 11.9 

 16.5 

      

The above numbers reflect ExxonMobil's current estimate of volumes and realizations given data available as of the end of the

third quarter of 2006.  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.




EXXON MOBIL CORPORATION

 

3Q06 INVESTOR RELATIONS DATA SUMMARY (PAGE 4 of 6)

 

Upstream Earnings Reconciliations

[ircharts001.jpg]




EXXON MOBIL CORPORATION

 

3Q06 INVESTOR RELATIONS DATA SUMMARY (PAGE 5 of 6)

 

Downstream Earnings Reconciliations

[ircharts002.jpg]




EXXON MOBIL CORPORATION

 

3Q06 INVESTOR RELATIONS DATA SUMMARY (PAGE 6 of 6)

 

Chemical Earnings Reconciliations

[ircharts003.jpg]