Strong income and strategic growth …

Appearance date: May 02, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• The Exxon Mobil Corp (NYSE: XOM) made a profit of 7.7 billion US dollars in the first quarter and shows the strength of its portfolio and the improved profitability.

• The company has achieved structural cost savings of $ 12.7 billion since 2019, whereby it is planned to achieve $ 18 billion by 2030.

• Exxon Mobil Corp (NYSE: XOM) performs important project starts in 2025, including the China Chemical Complex and an advanced recycling unit in Baytown, which is expected to contribute significantly to future income.

• The company includes the industry-leading financial strength with a net debt ratio of 7% and distributed over $ 9 billion to shareholders in the first quarter.

• The Exxon Mobil Corp (NYSE: XOM) is expanding its high -quality product offers with plans to achieve 25 million tons of high -quality product sales by 2030, which improves its competitive position on the market.

• Market volatility and economic uncertainty, which are due to tariffs and potential increases in the OPEC offer, ensure pressure on prices and margins.

• The chemical margins remain below the 10-year area due to new capacity deductions, especially in the Asian-Pacific area, which affects profitability.

• The planned maintenance in the second quarter is expected to reduce the upstream volumes by around 100,000 oil equivalents per day.

• The company expects higher corporate and financing costs in the second quarter, which are due to lower interest income for cash credit.

• The Exxon Mobil Corp (NYSE: XOM) is suspended in the second quarter of seasonal tax payments and is expected to drive a discharge of 2.5 billion US dollars to $ 3 billion.

Q: Can you explain the effects of the Pioneer acquisition in more detail on your income and your overall strategy? A: James Chapman, Vice President – Tax, Treasurer: The takeover of Pionier, which was completed in the second quarter of 2024, contributed significantly to our profit growth. It has our portfolio, especially in the Perm basin, improved and matched our strategy to focus on continued assets. Together with our structural business transformation, this acquisition has expanded around 4 billion US dollars to our profitability since 2019.

Q: How does Exxon Mobil depend on the current market volatility and economic uncertainty? A: James Chapman, Vice President – Tax, Treasurer: Despite the volatility and economic uncertainty of market supply, our strategy remains unchanged. We have built up our business to thrive through market cycles by focusing on competitive assets, disciplined capital allocation and structural cost efficiency. Our flexibility and strong position enable us to exceed any market environment.