| Exxon Mobil
Earnings Call |
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Exxon Mobil First Quarter Earnings Call
7th May 2008 00:00 AM |
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| Higher crude oil and natural gas realizations due to record crude oil prices, were offset by lower margins, production volumes and higher costs. |
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| The oil and gas company reported net income of $10.9 billion or $2.03 a share, an increase of 17.5% from $9.28 billion or $1.62 a share in the prior year as EPS growth was driven by the strong earnings and the continuing benefits of the share repurchase program. Total revenues increased 34.1% to $116.9 billion from $87.2 billion in the prior year on high commodity prices. The firm distributed $10 billion to shareholders through dividends and share purchases. |
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Exxon Mobil Fourth Quarter Earnings Call
21st March 2008 00:00 AM |
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| Net income was $11.7 billion or $2.13 per share, up 21% from $10.3 billion or $1.76 per share last year. |
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| The oil company reported a 29.6% increase in revenues to $117 billion from $90 billion in the prior year on increased production and stronger oil prices. Higher crude oil and natural gas realizations and gains on asset sales were partly offset by lower chemical margins. Excluding the Venezuela expropriation, divestments, OPEC quota effects, price and spend impacts on volumes, production was up nearly 3%. It distributed $35.6 billion to shareholders through dividends and share purchases. |
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Exxon Mobil Third Quarter Earnings Call
30th November 2007 00:00 AM |
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| Profit fell 10% to $9.4 billion as gasoline and diesel prices failed to keep pace with rising crude costs. |
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| Exxon Mobil revenue rose 3% to $102.3 billion from $99.6 billion a year ago. Exxon pumped about 2.5 million barrels of oil a day, blaming the decrease on OPEC production quotas, maturing oil fields and halting operations in Venezuela. Exxon refined about 5.6 million barrels of oil a day, most of it into gasoline and diesel fuel. The company repurchased 90 million shares of its own stock for about $7.8 billion. |
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ExxonMobil Second Quarter Earnings Call
30th July 2007 00:00 AM |
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| Despite net income falling marginally year on year to $10.3 billion, reduction in shares outstanding resulted in EPS rising 6% to $1.83. |
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| Revenue slid to $98.35 billion from $99.03 billion a year ago. Exxon Mobil is spending most of its profits on finding new supplies of crude oil and natural gas. The company plans to invest in more than 20 new global projects in the next three years and its capital spending is expected to be $20 billion every year till 2010. Earnings from exploration and production fell 17% to $5.9 billion due to the lower natural gas prices. Production on an oil-equivalent basis dropped 1% from a year ago. |
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