![]() | ATTACHMENT I-a | EXHIBIT 99.2 | ||
To assist investors in assessing 2Q26 results, the following disclosures have been made available in the 8-K filing: | ||||
2Q26 INVESTOR RELATIONS DATA SUMMARY | ||||
CONDENSED CONSOLIDATED STATEMENT OF INCOME | ||||
(Preliminary) | ||||
Dollars in millions (unless otherwise noted) | Three Months Ended June 30, | Six Months Ended June 30, | ||
2026 | 2025 | 2026 | 2025 | |
Revenues and other income | ||||
Sales and other operating revenue | 114,529 | 79,477 | 197,690 | 160,535 |
Income from equity affiliates | 893 | 1,462 | 2,262 | 2,831 |
Other income | 595 | 567 | 1,203 | 1,270 |
Total revenues and other income | 116,017 | 81,506 | 201,155 | 164,636 |
Costs and other deductions | ||||
Crude oil and product purchases | 67,801 | 45,327 | 119,603 | 92,115 |
Production and manufacturing expenses | 12,250 | 10,102 | 22,945 | 20,185 |
Selling, general and administrative expenses | 2,483 | 2,528 | 5,167 | 5,068 |
Depreciation and depletion (includes impairments) | 8,689 | 6,101 | 15,460 | 11,803 |
Exploration expenses, including dry holes | 155 | 251 | 281 | 315 |
Non-service pension and postretirement benefit expense | 32 | 90 | 94 | 203 |
Interest expense | 227 | 145 | 522 | 350 |
Other taxes and duties | 4,956 | 6,257 | 10,692 | 12,292 |
Total costs and other deductions | 96,593 | 70,801 | 174,764 | 142,331 |
Income/(Loss) before income taxes | 19,424 | 10,705 | 26,391 | 22,305 |
Income tax expense/(benefit) | 4,543 | 3,351 | 7,038 | 6,918 |
Net income/(loss) including noncontrolling interests | 14,881 | 7,354 | 19,353 | 15,387 |
Net income/(loss) attributable to noncontrolling interests | 356 | 272 | 645 | 592 |
Net income/(loss) attributable to ExxonMobil | 14,525 | 7,082 | 18,708 | 14,795 |
OTHER FINANCIAL DATA | ||||
Dollars in millions (unless otherwise noted) | Three Months Ended June 30, | Six Months Ended June 30, | ||
2026 | 2025 | 2026 | 2025 | |
Earnings per common share (U.S. dollars) | 3.48 | 1.64 | 4.47 | 3.40 |
Earnings per common share - assuming dilution (U.S. dollars) | 3.48 | 1.64 | 4.47 | 3.40 |
Dividends on common stock | ||||
Total | 4,299 | 4,288 | 8,633 | 8,623 |
Per common share (U.S. dollars) | 1.03 | 0.99 | 2.06 | 1.98 |
Millions of common shares outstanding | ||||
Average - assuming dilution | 4,174 | 4,331 | 4,188 | 4,351 |
Taxes | ||||
Income taxes | 4,543 | 3,351 | 7,038 | 6,918 |
Total other taxes and duties | 6,112 | 7,204 | 12,887 | 14,270 |
Total taxes | 10,655 | 10,555 | 19,925 | 21,188 |
Sales-based taxes | 7,797 | 5,289 | 12,974 | 10,759 |
Total taxes including sales-based taxes | 18,452 | 15,844 | 32,899 | 31,947 |
ExxonMobil share of income taxes of equity companies (non-GAAP) | 235 | 486 | 712 | 1,143 |
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CONDENSED CONSOLIDATED BALANCE SHEET | ||
(Preliminary) | ||
Dollars in millions (unless otherwise noted) | June 30, 2026 | December 31, 2025 |
ASSETS | ||
Current assets | ||
Cash and cash equivalents | 10,588 | 10,681 |
Notes and accounts receivable – net | 60,558 | 44,562 |
Inventories | ||
Crude oil, products and merchandise | 22,363 | 22,979 |
Materials and supplies | 3,200 | 3,323 |
Other current assets | 4,084 | 1,837 |
Total current assets | 100,793 | 83,382 |
Investments, advances and long-term receivables | 45,605 | 45,317 |
Property, plant, and equipment – net | 296,298 | 299,373 |
Other assets, including intangibles – net | 21,786 | 20,908 |
Total Assets | 464,482 | 448,980 |
LIABILITIES | ||
Current liabilities | ||
Notes and loans payable | 10,139 | 9,296 |
Accounts payable and accrued liabilities | 74,491 | 60,911 |
Income taxes payable | 4,200 | 2,123 |
Total current liabilities | 88,830 | 72,330 |
Long-term debt | 32,229 | 34,241 |
Postretirement benefits reserves | 9,068 | 8,847 |
Deferred income tax liabilities | 39,546 | 40,216 |
Long-term obligations to equity companies | 549 | 542 |
Other long-term obligations | 28,149 | 26,178 |
Total Liabilities | 198,371 | 182,354 |
EQUITY | ||
Common stock without par value | ||
(9,000 million shares authorized, 8,019 million shares issued) | 46,636 | 46,150 |
Earnings reinvested | 492,569 | 482,494 |
Accumulated other comprehensive income | (11,549) | (10,863) |
Common stock held in treasury | ||
(3,907 million shares at June 30, 2026, and 3,840 million shares at December 31, 2025) | (268,276) | (258,395) |
ExxonMobil share of equity | 259,380 | 259,386 |
Noncontrolling interests | 6,731 | 7,240 |
Total Equity | 266,111 | 266,626 |
Total Liabilities and Equity | 464,482 | 448,980 |
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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS | ||
(Preliminary) | ||
Dollars in millions (unless otherwise noted) | Six Months Ended June 30, | |
2026 | 2025 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net income/(loss) including noncontrolling interests | 19,353 | 15,387 |
Depreciation and depletion (includes impairments) | 15,460 | 11,803 |
Changes in operational working capital, excluding cash and debt | (3,857) | (4,848) |
All other items – net | 1,304 | 2,161 |
Net cash provided by operating activities | 32,260 | 24,503 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Additions to property, plant, and equipment | (12,997) | (12,181) |
Proceeds from asset sales and returns of investments | 649 | 1,999 |
Additional investments and advances | (711) | (472) |
Other investing activities including collection of advances | 734 | 339 |
Net cash used in investing activities | (12,325) | (10,315) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Additions to long-term debt | 894 | 883 |
Reductions in long-term debt | (135) | (13) |
Additions to short-term debt | — | 172 |
Reductions in short-term debt | (5,500) | (4,676) |
Additions/(reductions) in commercial paper, and debt with three months or less maturity | 3,912 | 257 |
Contingent consideration payments | (125) | (79) |
Cash dividends to ExxonMobil shareholders | (8,633) | (8,623) |
Cash dividends to noncontrolling interests | (332) | (452) |
Changes in noncontrolling interests | 61 | (10) |
Inflows from noncontrolling interests for major projects | — | 45 |
Common stock acquired | (10,007) | (9,768) |
Net cash provided by (used in) financing activities | (19,865) | (22,264) |
Effects of exchange rate changes on cash | (163) | 600 |
Increase/(Decrease) in cash and cash equivalents (including restricted) | (93) | (7,476) |
Cash and cash equivalents at beginning of period (including restricted) | 10,681 | 23,187 |
Cash and cash equivalents at end of period (including restricted) | 10,588 | 15,711 |
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Common Shares Outstanding, millions | 2Q26 | 1Q26 | 4Q25 | 3Q25 |
At quarter end | 4,112 | 4,145 | 4,179 | 4,217 |
Weighted-average - assuming dilution | 4,174 | 4,202 | 4,238 | 4,285 |
Upstream Volume Driver Analysis, koebd | 2Q26 vs 1Q26 | 2026 vs 2025 (YTD) | ||
Prior Period | 4,594 | 4,591 | ||
Entitlements - Net Interest | — | (16) | ||
Entitlements - Price / Spend / Other | (37) | 7 | ||
Government Mandates | — | (2) | ||
Divestments | (3) | (52) | ||
Growth / Other | (40) | 26 | ||
Current Period | 4,514 | 4,554 | ||
Upstream Realization Data | 2Q26 | 1Q26 | 4Q25 | 3Q25 |
United States | ||||
ExxonMobil | ||||
Crude ($/b) | 97.58 | 70.12 | 58.57 | 63.56 |
Natural Gas ($/kcf) | 0.52 | 3.37 | 1.75 | 2.36 |
Marker Benchmarks | ||||
WTI ($/b) | 93.21 | 71.98 | 59.23 | 65.03 |
Henry Hub ($/mbtu) | 2.90 | 5.01 | 3.55 | 3.07 |
Non-U.S. | ||||
ExxonMobil | ||||
Crude ($/b) | 92.42 | 69.98 | 57.46 | 62.58 |
Natural Gas ($/kcf) | 13.96 | 10.58 | 9.60 | 9.62 |
Marker Benchmarks | ||||
Brent ($/b) | 104.52 | 80.61 | 63.69 | 69.07 |
TTF ($/mbtu) | 16.45 | 10.79 | 10.77 | 11.75 |
The above numbers reflect ExxonMobil’s current estimate of volumes and realizations given data available as of the end of the second quarter of 2026. Volumes and realizations may be adjusted when full statements on joint venture operations are received from outside operators. ExxonMobil management assumes no duty to update these estimates. | ||||
Product Solutions Marker Benchmark Data | 2Q26 | 1Q26 | 4Q25 | 3Q25 |
Energy Products | ||||
Indicative Refining Margin ($/b) | 29.0 | 16.3 | 18.3 | 17.5 |
Chemical Products | ||||
North American Polyethylene ($/T) | 1,454 | 965 | 759 | 812 |
Asia Pacific Polyethylene ($/T) | 1,148 | 865 | 822 | 840 |
Asia Pacific LVN ($/T) | 893 | 720 | 564 | 588 |
USGC Ethane ($/T) | 158 | 173 | 196 | 171 |
The above markers reflect the average prices from the quarter. Indicative Refining Margin, NA PE, AP PE, AP LVN, and USGC Ethane from Platts, part of S&P Global Commodity Insights. NA PE, AP PE, AP LVN, and USGC Ethane historical prices were updated to reflect simple averages. Marker associated sensitivities developed for forward-looking analysis and in relation to full-year results. For any given period, the accuracy of the earnings sensitivity will be dependent on the price movements of individual types of crude oil, natural gas, or products, results of trading activities, project start-up timing, maintenance timing, taxes and other government take impacts, price adjustment lags in long-term gas contracts, and crude and gas production volumes. Accordingly, changes in benchmark prices only provide broad indicators of changes in the earnings experienced in any particular period. Refer to "Modeling Toolkit" tab on the Investor Relations page of our website at www.exxonmobil.com for more information. | ||||
Effective Income Tax Rate | 2Q26 | 1Q26 | 4Q25 | 3Q25 |
Effective Income Tax Rate, % | 24% | 40% | 21% | 32% |
Due to rounding, numbers presented may not add up precisely to the totals indicated. | ||||
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KEY FIGURES: UPSTREAM VOLUMES | ||||
2Q26 | 1Q26 | Net production of crude oil, natural gas liquids, bitumen and synthetic oil, thousand barrels per day (kbd) | YTD 2026 | YTD 2025 |
1,653 | 1,586 | United States | 1,620 | 1,456 |
922 | 936 | Canada/Other Americas | 929 | 779 |
3 | 3 | Europe | 3 | 4 |
121 | 138 | Africa | 130 | 138 |
647 | 611 | Asia | 629 | 799 |
26 | 23 | Australia/Oceania | 24 | 25 |
3,373 | 3,297 | Worldwide | 3,335 | 3,201 |
2Q26 | 1Q26 | Net natural gas production available for sale, million cubic feet per day (mcfd) | YTD 2026 | YTD 2025 |
3,840 | 3,589 | United States | 3,715 | 3,290 |
25 | 28 | Canada/Other Americas | 26 | 33 |
274 | 313 | Europe | 293 | 321 |
117 | 114 | Africa | 116 | 112 |
1,274 | 2,500 | Asia | 1,883 | 3,331 |
1,319 | 1,236 | Australia/Oceania | 1,278 | 1,257 |
6,849 | 7,779 | Worldwide | 7,311 | 8,344 |
4,514 | 4,594 | Oil-equivalent production (koebd) ¹ | 4,554 | 4,591 |
1 Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels. | ||||
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KEY FIGURES: MANUFACTURING THROUGHPUT AND SALES | ||||
2Q26 | 1Q26 | Refinery throughput, thousand barrels per day (kbd) | YTD 2026 | YTD 2025 |
1,908 | 1,795 | United States | 1,852 | 1,880 |
331 | 384 | Canada | 358 | 387 |
814 | 733 | Europe | 774 | 977 |
317 | 386 | Asia Pacific | 351 | 444 |
192 | 195 | Other | 194 | 185 |
3,562 | 3,494 | Worldwide | 3,528 | 3,873 |
2Q26 | 1Q26 | Energy Products sales, thousand barrels per day (kbd) | YTD 2026 | YTD 2025 |
3,036 | 3,214 | United States | 3,124 | 2,817 |
2,662 | 2,416 | Non-U.S. | 2,539 | 2,619 |
5,698 | 5,630 | Worldwide | 5,664 | 5,436 |
2,166 | 2,214 | Gasolines, naphthas | 2,190 | 2,229 |
1,722 | 1,672 | Heating oils, kerosene, diesel | 1,697 | 1,766 |
431 | 399 | Aviation fuels | 415 | 376 |
169 | 187 | Heavy fuels | 178 | 203 |
2,356 | 1,158 | Other energy products | 1,184 | 862 |
5,698 | 5,630 | Worldwide | 5,664 | 5,436 |
2Q26 | 1Q26 | Chemical Products sales, thousand metric tons (kt) | YTD 2026 | YTD 2025 |
1,682 | 1,904 | United States | 3,586 | 3,477 |
2,788 | 3,455 | Non-U.S. | 6,243 | 6,563 |
4,471 | 5,358 | Worldwide | 9,829 | 10,040 |
2Q26 | 1Q26 | Specialty Products sales, thousand metric tons (kt) | YTD 2026 | YTD 2025 |
367 | 536 | United States | 903 | 977 |
1,418 | 1,439 | Non-U.S. | 2,857 | 2,963 |
1,784 | 1,976 | Worldwide | 3,760 | 3,940 |
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KEY FIGURES: HISTORICAL ADJUSTING ITEMS | ||||
Dollars in millions (unless otherwise noted) | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
Earnings/(Loss) (U.S. GAAP) | 6,501 | 7,548 | 7,082 | 7,713 |
Identified Items | ||||
Impairments 1 | (1,700) | (155) | — | — |
Gain/(Loss) on sale of assets | 720 | — | — | — |
Tax-related items | 288 | — | — | — |
Restructuring charges | (64) | (355) | — | — |
Total Identified Items | (755) | (510) | — | — |
Estimated Timing Effects | 336 | 156 | 110 | 129 |
Adjusted Earnings/(Loss) (non-GAAP) | 6,920 | 7,902 | 6,972 | 7,584 |
¹ Fourth quarter includes charge of $640 million associated with the optimization of materials and supply inventory. Materials and supplies impacts are included in production and manufacturing expenses on the Consolidated Statement of Income. | ||||
HISTORICAL ADJUSTING ITEMS PER COMMON SHARE | ||||
Dollars per common share | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
Earnings/(Loss) Per Common Share (U.S. GAAP) ¹ | 1.53 | 1.76 | 1.64 | 1.76 |
Identified Items Per Common Share ¹ | ||||
Impairments | (0.40) | (0.04) | — | — |
Gain/(Loss) on sale of assets | 0.17 | — | — | — |
Tax-related items | 0.07 | — | — | — |
Restructuring charges | (0.02) | (0.08) | — | — |
Total Identified Items Per Common Share ¹ | (0.18) | (0.12) | — | — |
Estimated Timing Effects Per Common Share ¹ | 0.08 | 0.04 | 0.03 | 0.03 |
Adjusted Earnings/(Loss) Per Common Share (Non-GAAP) ¹ | 1.63 | 1.84 | 1.61 | 1.73 |
¹ Assuming dilution. | ||||
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KEY FIGURES: HISTORICAL ADJUSTING ITEMS BY SEGMENT | ||||||||||
Fourth Quarter 2025 | Upstream | Energy Products | Chemical Products | Specialty Products | Corporate & Financing | Total | ||||
Dollars in millions (unless otherwise noted) | U.S. | Non-U.S. | U.S. | Non-U.S. | U.S. | Non-U.S. | U.S. | Non-U.S. | ||
Earnings/(Loss) (U.S. GAAP) | 753 | 2,764 | 1,012 | 2,378 | 64 | (345) | 233 | 449 | (807) | 6,501 |
Identified Items | ||||||||||
Impairments | (662) | (422) | (153) | (113) | (130) | (190) | (18) | (12) | — | (1,700) |
Gain/(Loss) on sale of assets | — | — | — | 720 | — | — | — | — | — | 720 |
Tax-related items | 192 | — | 34 | (6) | 50 | — | 30 | — | (11) | 288 |
Restructuring charges | — | — | — | — | — | — | — | — | (64) | (64) |
Total Identified Items | (471) | (422) | (118) | 601 | (80) | (190) | 12 | (12) | (75) | (755) |
Estimated Timing Effects (Worldwide) | (19) | 355 | — | — | — | 336 | ||||
Adjusted Earnings/(Loss) (non-GAAP) | 4,429 | 2,552 | (11) | 682 | (732) | 6,920 | ||||
Third Quarter 2025 | Upstream | Energy Products | Chemical Products | Specialty Products | Corporate & Financing | Total | ||||
Dollars in millions (unless otherwise noted) | U.S. | Non-U.S. | U.S. | Non-U.S. | U.S. | Non-U.S. | U.S. | Non-U.S. | ||
Earnings/(Loss) (U.S. GAAP) | 1,228 | 4,451 | 858 | 982 | 329 | 186 | 354 | 386 | (1,226) | 7,548 |
Identified Items | ||||||||||
Impairments | — | — | — | — | — | — | — | — | (155) | (155) |
Restructuring charges | — | — | — | — | — | — | — | — | (355) | (355) |
Total Identified Items | — | — | — | — | — | — | — | — | (510) | (510) |
Estimated Timing Effects (Worldwide) | 48 | 108 | — | — | — | 156 | ||||
Adjusted Earnings/(Loss) (non-GAAP) | 5,631 | 1,732 | 515 | 740 | (716) | 7,902 | ||||
Second Quarter 2025 | Upstream | Energy Products | Chemical Products | Specialty Products | Corporate & Financing | Total | ||||
Dollars in millions (unless otherwise noted) | U.S. | Non-U.S. | U.S. | Non-U.S. | U.S. | Non-U.S. | U.S. | Non-U.S. | ||
Earnings/(Loss) (U.S. GAAP) | 1,212 | 4,190 | 825 | 541 | 255 | 38 | 291 | 489 | (759) | 7,082 |
Total Identified Items | — | — | — | — | — | — | — | — | — | — |
Estimated Timing Effects (Worldwide) | 119 | (9) | — | — | — | 110 | ||||
Adjusted Earnings/(Loss) (non-GAAP) | 5,283 | 1,375 | 293 | 780 | (759) | 6,972 | ||||
First Quarter 2025 | Upstream | Energy Products | Chemical Products | Specialty Products | Corporate & Financing | Total | ||||
Dollars in millions (unless otherwise noted) | U.S. | Non-U.S. | U.S. | Non-U.S. | U.S. | Non-U.S. | U.S. | Non-U.S. | ||
Earnings/(Loss) (U.S. GAAP) | 1,870 | 4,886 | 297 | 530 | 255 | 18 | 322 | 333 | (798) | 7,713 |
Total Identified Items | — | — | — | — | — | — | — | — | — | — |
Estimated Timing Effects (Worldwide) | 158 | (29) | — | — | — | 129 | ||||
Adjusted Earnings/(Loss) (non-GAAP) | 6,598 | 856 | 273 | 655 | (798) | 7,584 | ||||