A Simple Key For 94 cash Unveiled
A Simple Key For 94 cash Unveiled
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Share Fb backlink opens in a different window Twitter backlink opens in a new window Linkedin connection opens in a brand new window 1 E-mail url opens in a fresh window duplicate to clipboard near Print ExxonMobil announces 2nd-quarter 2023 final results
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Chemical Goods second-quarter earnings have been $828 million, up from $371 million in the 1st quarter, predominantly on improved margins from decrease feed expenditures. Earnings also benefited from lessen planned routine maintenance cost and amplified product sales volumes.
variations in the provision and demand for oil, all-natural gas, petrochemicals, and feedstocks and other industry components, economic ailments and seasonal fluctuations that impact selling prices and differentials for our merchandise; governing administration guidelines supporting decrease carbon investment decision alternatives this sort of as the U.S. Inflation Reduction Act or procedures limiting the attractiveness of foreseeable future expenditure which include the extra European taxes on the energy sector; variable impacts of buying and selling functions on our margins and success Every quarter; steps of rivals and commercial counterparties; the end result of economic negotiations, which include ultimate agreed conditions and terms; the chance to access credit card debt marketplaces; the final word impacts of COVID-19 or other public wellbeing crises, including the consequences of presidency responses on people and economies; reservoir performance, which includes variability and timing components relevant to unconventional methods; the extent and final result of exploration tasks and selections to speculate in long term reserves; timely completion of growth along with other building here tasks; last management acceptance of future assignments and any improvements during the scope, phrases, or fees of these kinds of tasks as authorized; authorities insurance policies and guidance and market place demand for low carbon systems; war, civil unrest, assaults towards the company or industry together with other political or safety disturbances; expropriations, seizure, or capability, insurance coverage or transport constraints by international governments or laws; options for opportunity acquisitions, investments or divestments and gratification of applicable disorders to closing, which includes timely regulatory approvals; the capture of efficiencies inside and involving company traces and the chance to sustain near-phrase Value reductions as ongoing efficiencies; unexpected technological or functioning problems and unplanned upkeep; the event and competitiveness of alternative energy and emission reduction technologies; the effects of research applications and the ability to convey new systems to business scale on a value-competitive foundation; as well as other factors talked over underneath Item 1A. Threat Factors of ExxonMobil’s 2022 Form ten-K.
This demonstrates the significant chance to profitably develop our Low Carbon Alternatives company by developing a powerful buyer decarbonization proposition Using the possible to reduce Gulf Coastline industrial emissions by a hundred million metric tons for each year5.”
Extra details with regard for the Distribution is set out while in the management information and facts round of the Company dated July ten, 2024 (the "Round"), a duplicate of which is out there cost-free underneath the corporation's profile in the Canadian Securities Administrators' website at .
AND RELATED Issues. Buyers and protection holders may possibly obtain no cost copies in the registration assertion plus the proxy assertion/prospectus (when they become available), and other filings that contains critical information about ExxonMobil or Denbury, without charge within the SEC’s Net Site (). Copies from the files filed Along with the SEC by ExxonMobil are going to be readily available free of charge on ExxonMobil’s internet Site at beneath the tab “traders” after which you can beneath the tab “SEC Filings” or by making contact with ExxonMobil’s Trader Relations Section at Trader.
Lower natural gas realizations and industry refining margins adversely impacted earnings. Success benefited from your absence of prior quarter unfavorable spinoff mark-to-industry impacts.
It combines “Profits taxes” and “Full other taxes and obligations” with gross sales-based taxes, which can be documented Internet inside the cash flow statement. The company believes it is useful for your Corporation and its buyers to be aware of the full tax burden imposed on the Company’s products and solutions and earnings. A reconciliation to full taxes is revealed in Attachment I-a.
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