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ExxonMobil Reports Results for Fourth Quarter 2020

04.02.2021 15:59

ExxonMobil Reports Results for Fourth Quarter 2020 and Provides Perspective on Forward Plans Fourth Quarter and Full-Year 2020 Results
• Fourth quarter loss of $20.1 billion included unfavorable identified items of $20.2 billion, primarily non-cash
impairments; earnings excluding identified items were $110 million, or $0.03 per share assuming dilution
• Exceeded cost-reduction objectives, with 2020 capital spending of $21 billion below target by $2 billion; cash
operating expense more than 15% below 2019, of which $3 billion is a structural reduction
• Met 2020 methane emissions (15%) and flaring (25%) reduction targets versus 20161, and announced 2025
emission reduction plans; projected to be consistent with the Paris Agreement

Fourth Quarter 2020 Earnings - announcement

Fourth Quarter 2020 Earnings - webcast presentation materials

Fourth Quarter 2020 Earnings Supplement - PDF version


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