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ExxonMobil - 3Q 2022 earnings

01.11.2022 14:30
  • 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.

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