1、UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)OFTHE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March 31,2024or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OFTHE SECURITIES EXCHANGE ACT OF 1934 For

2、the transition period from _to_ Commission File Number 1-2256Exxon Mobil Corporation(Exact name of registrant as specified in its charter)New Jersey 13-5409005(State or other jurisdiction of incorporation or organization)(I.R.S.Employer Identification Number)22777 Springwoods Village Parkway,Spring,

3、Texas 77389-1425(Address of principal executive offices)(Zip Code)(972)940-6000(Registrants telephone number,including area code)_Securities registered pursuant to Section 12(b)of the Act:Title of Each Class Trading Symbol Name of Each Exchange on Which RegisteredCommon Stock,without par value XOM N

4、ew York Stock Exchange0.142%Notes due 2024XOM24BNew York Stock Exchange0.524%Notes due 2028XOM28New York Stock Exchange0.835%Notes due 2032XOM32New York Stock Exchange1.408%Notes due 2039XOM39ANew York Stock Exchange Indicate by check mark whether the registrant(1)has filed all reports required to b

5、e filed by Section 13 or 15(d)of the Securities Exchange Act of 1934 during the preceding 12 months(or forsuch shorter period that the registrant was required to file such reports),and(2)has been subject to such filing requirements for the past 90 days.Yes No Indicate by check mark whether the regis

6、trant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T(232.405 ofthis chapter)during the preceding 12 months(or for such shorter period that the registrant was required to submit and post such files).Yes No Indicate b

7、y check mark whether the registrant is a large accelerated filer,an accelerated filer,a non-accelerated filer,smaller reporting company,or an emerging growth company.See thedefinitions of large accelerated filer,accelerated filer,smaller reporting company,and“emerging growth company”in Rule 12b-2 of

8、 the Exchange Act.Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting company Emerging growth companyIf an emerging growth company,indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial

9、 accounting standardsprovided pursuant to Section 13(a)of the Exchange Act.Indicate by check mark whether the registrant is a shell company(as defined in Rule 12b-2 of the Exchange Act).Yes No Indicate the number of shares outstanding of each of the issuers classes of common stock,as of the latest p

10、racticable date.Class Outstanding as of March 31,2024Common stock,without par value 3,943,006,866EXXON MOBIL CORPORATIONFORM 10-QFOR THE QUARTERLY PERIOD ENDED MARCH 31,2024 TABLE OF CONTENTSPART I.FINANCIAL INFORMATION Item 1.Financial Statements Condensed Consolidated Statement of Income-Three mon

11、ths ended March 31,2024 and 20233 Condensed Consolidated Statement of Comprehensive Income-Three months ended March 31,2024 and 20234 Condensed Consolidated Balance Sheet-As of March 31,2024 and December 31,20235 Condensed Consolidated Statement of Cash Flows-Three months ended March 31,2024 and 202

12、36 Condensed Consolidated Statement of Changes in Equity-Three months ended March 31,2024 and 20237 Notes to Condensed Consolidated Financial Statements8 Item 2.Managements Discussion and Analysis of Financial Condition and Results of Operations17 Item 3.Quantitative and Qualitative Disclosures Abou

13、t Market Risk33 Item 4.Controls and Procedures33 PART II.OTHER INFORMATIONItem 1.Legal Proceedings34 Item 2.Unregistered Sales of Equity Securities and Use of Proceeds34 Item 5.Other Information34Item 6.Exhibits34 Index to Exhibits35 Signature36 2PART I.FINANCIAL INFORMATIONITEM 1.FINANCIAL STATEMEN

14、TSCONDENSED CONSOLIDATED STATEMENT OF INCOME(millions of dollars,unless noted)Three Months EndedMarch 31,20242023Revenues and other income Sales and other operating revenue80,411 83,644 Income from equity affiliates1,842 2,381 Other income830 539 Total revenues and other income83,083 86,564 Costs an

15、d other deductionsCrude oil and product purchases47,601 46,003 Production and manufacturing expenses9,091 9,436 Selling,general and administrative expenses2,495 2,390 Depreciation and depletion(includes impairments)4,812 4,244 Exploration expenses,including dry holes148 141 Non-service pension and p

16、ostretirement benefit expense23 167 Interest expense221 159 Other taxes and duties6,323 7,221 Total costs and other deductions70,714 69,761 Income(loss)before income taxes12,369 16,803 Income tax expense(benefit)3,803 4,960 Net income(loss)including noncontrolling interests8,566 11,843 Net income(lo

17、ss)attributable to noncontrolling interests346 413 Net income(loss)attributable to ExxonMobil8,220 11,430 Earnings(loss)per common share(dollars)2.06 2.79 Earnings(loss)per common share-assuming dilution(dollars)2.06 2.79 The information in the Notes to Condensed Consolidated Financial Statements is

18、 an integral part of these statements.3CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME(millions of dollars)Three Months EndedMarch 31,20242023Net income(loss)including noncontrolling interests8,566 11,843 Other comprehensive income(net of income taxes)Foreign exchange translation adjustment

19、(1,267)173 Postretirement benefits reserves adjustment(excluding amortization)(42)19 Amortization and settlement of postretirement benefits reservesadjustment included in net periodic benefit costs9 6 Total other comprehensive income(loss)(1,300)198 Comprehensive income(loss)including noncontrolling

20、 interests7,266 12,041 Comprehensive income(loss)attributable to noncontrolling interests226 436 Comprehensive income(loss)attributable to ExxonMobil7,040 11,605 The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.4CONDENSED CONSOLIDATE

21、D BALANCE SHEET(millions of dollars,unless noted)March 31,2024December 31,2023ASSETS Current assets Cash and cash equivalents33,320 31,539 Cash and cash equivalents restricted29 29 Notes and accounts receivable net40,366 38,015 InventoriesCrude oil,products and merchandise18,891 20,528 Materials and

22、 supplies4,600 4,592 Other current assets2,171 1,906 Total current assets99,377 96,609 Investments,advances and long-term receivables47,608 47,630 Property,plant and equipment net213,723 214,940 Other assets,including intangibles net17,210 17,138 Total Assets377,918 376,317 LIABILITIESCurrent liabil

23、itiesNotes and loans payable8,227 4,090 Accounts payable and accrued liabilities59,531 58,037 Income taxes payable4,163 3,189 Total current liabilities71,921 65,316 Long-term debt32,213 37,483 Postretirement benefits reserves10,475 10,496 Deferred income tax liabilities24,106 24,452 Long-term obliga

24、tions to equity companies1,909 1,804 Other long-term obligations24,242 24,228 Total Liabilities164,866 163,779 Commitments and contingencies(Note 3)EQUITYCommon stock without par value(9,000 million shares authorized,8,019 million shares issued)17,971 17,781 Earnings reinvested458,339 453,927 Accumu

25、lated other comprehensive income(13,169)(11,989)Common stock held in treasury(4,076 million shares at March 31,2024 and4,048 million shares at December 31,2023)(257,891)(254,917)ExxonMobil share of equity205,250 204,802 Noncontrolling interests7,802 7,736 Total Equity213,052 212,538 Total Liabilitie

26、s and Equity377,918 376,317 The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.5CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS(millions of dollars)Three Months EndedMarch 31,20242023CASH FLOWS FROM OPERATING ACTIVITIES Net income(loss)

27、including noncontrolling interests8,566 11,843 Depreciation and depletion(includes impairments)4,812 4,244 Changes in operational working capital,excluding cash and debt2,008(302)All other items net(722)556 Net cash provided by operating activities14,664 16,341 CASH FLOWS FROM INVESTING ACTIVITIESAd

28、ditions to property,plant and equipment(5,074)(5,412)Proceeds from asset sales and returns of investments703 854 Additional investments and advances(421)(445)Other investing activities including collection of advances215 78 Net cash used in investing activities(4,577)(4,925)CASH FLOWS FROM FINANCING

29、 ACTIVITIESAdditions to long-term debt108 20 Reductions in short-term debt(1,106)(126)Additions/(reductions)in debt with three months or less maturity(5)(192)Cash dividends to ExxonMobil shareholders(3,808)(3,738)Cash dividends to noncontrolling interests(166)(115)Changes in noncontrolling interests

30、6(16)Common stock acquired(3,011)(4,340)Net cash used in financing activities(7,982)(8,507)Effects of exchange rate changes on cash(324)102 Increase/(decrease)in cash and cash equivalents1,781 3,011 Cash and cash equivalents at beginning of period31,568 29,665 Cash and cash equivalents at end of per

31、iod33,349 32,676 SUPPLEMENTAL DISCLOSURESIncome taxes paid2,718 4,404 Cash interest paidIncluded in cash flows from operating activities301 256 Capitalized,included in cash flows from investing activities297 291 Total cash interest paid598 547 Noncash right of use assets recorded in exchange for lea

32、se liabilitiesOperating leases351 393 Finance leases 438 The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.6CONDENSED CONSOLIDATED STATEMENT OF CHANGE IN EQUITY ExxonMobil Share of Equity (millions of dollars,unless noted)CommonStockE

33、arningsReinvestedAccumulatedOtherComprehensiveIncomeCommonStock Heldin TreasuryExxonMobilShare ofEquityNon-controllingInterestsTotalEquityBalance as of December 31,202215,752 432,860(13,270)(240,293)195,049 7,424 202,473 Amortization of stock-based awards158 158 158 Other(6)(6)(16)(22)Net income(los

34、s)for the period 11,430 11,430 413 11,843 Dividends-common shares(3,738)(3,738)(115)(3,853)Other comprehensive income(loss)175 175 23 198 Share repurchases,at cost (4,385)(4,385)(4,385)Dispositions 2 2 2 Balance as of March 31,202315,904 440,552(13,095)(244,676)198,685 7,729 206,414 Balance as of De

35、cember 31,202317,781 453,927(11,989)(254,917)204,802 7,736 212,538 Amortization of stock-based awards197 197 197 Other(7)(7)6(1)Net income(loss)for the period 8,220 8,220 346 8,566 Dividends-common shares(3,808)(3,808)(166)(3,974)Other comprehensive income(loss)(1,180)(1,180)(120)(1,300)Share repurc

36、hases,at cost (2,978)(2,978)(2,978)Dispositions 4 4 4 Balance as of March 31,202417,971 458,339(13,169)(257,891)205,250 7,802 213,052 Three Months Ended March 31,2024 Three Months Ended March 31,2023Common Stock Share Activity(millions of shares)IssuedHeld inTreasuryOutstanding IssuedHeld inTreasury

37、OutstandingBalance as of December 318,019(4,048)3,971 8,019(3,937)4,082 Share repurchases,at cost(28)(28)(39)(39)Dispositions Balance as of March 318,019(4,076)3,943 8,019(3,976)4,043 The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.

38、7NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTSNote 1.Basis of Financial Statement PreparationThese unaudited condensed consolidated financial statements should be read in the context of the consolidated financial statements and notes thereto filed with the Securitiesand Exchange Commission in

39、 the Corporations 2023 Annual Report on Form 10-K.In the opinion of the Corporation,the information furnished herein reflects all knownaccruals and adjustments necessary for a fair statement of the results for the periods reported herein.All such adjustments are of a normal recurring nature.The Corp

40、orations exploration and production activities are accounted for under the successful efforts method.Note 2.Pioneer Natural Resources MergerOn October 11,2023,the Corporation entered into a merger agreement with Pioneer Natural Resources Company(Pioneer),an independent oil and gas exploration andpro

41、duction company,in exchange for ExxonMobil common stock.Based on the October 5 closing price for ExxonMobil shares,the fixed exchange rate of 2.3234 per Pioneershare,and Pioneers outstanding net debt,the implied enterprise value of the transaction was approximately$65 billion.We expect that the numb

42、er of shares issuable inconnection with the transaction to be approximately 545 million.The transaction is expected to close in the second quarter of 2024,subject to regulatory approvals.Pioneer holds over 850,000 net acres in the Midland Basin of West Texas,which consist of proved reserves totaling

43、 over 2.4 billion barrels of oil equivalent(as of December31,2023)and over 700 thousand oil-equivalent barrels per day of production for the three months ended December 31,2023.8Note 3.Litigation and Other ContingenciesLitigationA variety of claims have been made against ExxonMobil and certain of it

44、s consolidated subsidiaries in a number of pending lawsuits.Management has regular litigationreviews,including updates from corporate and outside counsel,to assess the need for accounting recognition or disclosure of these contingencies.The Corporation accrues anundiscounted liability for those cont

45、ingencies where the incurrence of a loss is probable and the amount can be reasonably estimated.If a range of amounts can be reasonablyestimated and no amount within the range is a better estimate than any other amount,then the minimum of the range is accrued.The Corporation does not record liabilit

46、ieswhen the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated or when the liability is believed to be only reasonablypossible or remote.For contingencies where an unfavorable outcome is reasonably possible and which are significant,the Corporat

47、ion discloses the nature of the contingencyand,where feasible,an estimate of the possible loss.For purposes of our contingency disclosures,“significant”includes material matters,as well as other matters whichmanagement believes should be disclosed.State and local governments and other entities in va

48、rious jurisdictions across the United States and its territories have filed a number of legal proceedings against several oil andgas companies,including ExxonMobil,requesting unprecedented legal and equitable relief for various alleged injuries purportedly connected to climate change.These lawsuitsa

49、ssert a variety of novel,untested claims under statutory and common law.Additional such lawsuits may be filed.We believe the legal and factual theories set forth in theseproceedings are meritless and represent an inappropriate attempt to use the court system to usurp the proper role of policymakers

50、in addressing the societal challenges ofclimate change.Local governments in Louisiana have filed unprecedented legal proceedings against a number of oil and gas companies,including ExxonMobil,requesting compensation forthe restoration of coastal marsh erosion in the state.We believe the factual and

51、legal theories set forth in these proceedings are meritless.While the outcome of any litigation can be unpredictable,we believe the likelihood is remote that the ultimate outcomes of these lawsuits will have a material adverse effect onthe Corporations operations,financial condition,or financial sta

52、tements taken as a whole.We will continue to defend vigorously against these claims.Other ContingenciesThe Corporation and certain of its consolidated subsidiaries were contingently liable at March 31,2024,for guarantees relating to notes,loans and performance under contracts.Where guarantees for en

53、vironmental remediation and other similar matters do not include a stated cap,the amounts reflect managements estimate of the maximum potentialexposure.Where it is not possible to make a reasonable estimation of the maximum potential amount of future payments,future performance is expected to be eit

54、her immaterialor have only a remote chance of occurrence.March 31,2024(millions of dollars)Equity CompanyObligations Other Third-PartyObligationsTotalGuarantees Debt-related1,130 146 1,276 Other681 5,820 6,501 Total1,811 5,966 7,777 ExxonMobil shareAdditionally,the Corporation and its affiliates hav

55、e numerous long-term sales and purchase commitments in their various business activities,all of which are expected to befulfilled with no adverse consequences material to the Corporations operations or financial condition.(1)(1)9Note 4.Other Comprehensive Income InformationExxonMobil Share of Accumu

56、lated OtherComprehensive Income(millions of dollars)Cumulative ForeignExchangeTranslationAdjustmentPostretirementBenefits ReservesAdjustmentTotalBalance as of December 31,2022(14,591)1,321(13,270)Current period change excluding amounts reclassified from accumulatedother comprehensive income 157 14 1

57、71 Amounts reclassified from accumulated other comprehensive income 4 4 Total change in accumulated other comprehensive income157 18 175 Balance as of March 31,2023(14,434)1,339(13,095)Balance as of December 31,2023(13,056)1,067(11,989)Current period change excluding amounts reclassified from accumu

58、latedother comprehensive income(1,138)(48)(1,186)Amounts reclassified from accumulated other comprehensive income 6 6 Total change in accumulated other comprehensive income(1,138)(42)(1,180)Balance as of March 31,2024(14,194)1,025(13,169)Cumulative Foreign Exchange Translation Adjustment includes ne

59、t investment hedge gain/(loss)net of taxes of$84 million and$(74)million in 2024 and 2023,respectively.Amounts Reclassified Out of Accumulated OtherComprehensive Income-Before-tax Income/(Expense)(millions of dollars)Three Months EndedMarch 31,20242023Amortization and settlement of postretirement be

60、nefits reservesadjustment included in net periodic benefit costs(Statement of Income line:Non-service pension and postretirementbenefit expense)(12)(8)Income Tax(Expense)/Credit ForComponents of Other Comprehensive Income(millions of dollars)Three Months EndedMarch 31,20242023Foreign exchange transl

61、ation adjustment(75)48 Postretirement benefits reserves adjustment(excluding amortization)4 11 Amortization and settlement of postretirement benefits reservesadjustment included in net periodic benefit costs(3)(2)Total(74)57(1)(1)(1)10Note 5.Earnings Per Share Earnings per common shareThree Months E

62、ndedMarch 31,20242023Net income(loss)attributable to ExxonMobil(millions of dollars)8,220 11,430 Weighted-average number of common shares outstanding(millions of shares)3,998 4,102 Earnings(loss)per common share(dollars)2.06 2.79 Dividends paid per common share(dollars)0.95 0.91 Includes restricted

63、shares not vested.Earnings(loss)per common share and earnings(loss)per common share assuming dilution are the same in each period shown.Note 6.Pension and Other Postretirement Benefits (millions of dollars)Three Months EndedMarch 31,20242023Components of net benefit cost Pension Benefits-U.S.Service

64、 cost113 120 Interest cost168 166 Expected return on plan assets(181)(133)Amortization of actuarial loss/(gain)21 21 Amortization of prior service cost(8)(7)Net pension enhancement and curtailment/settlement cost3 8 Net benefit cost116 175 Pension Benefits-Non-U.S.Service cost83 82 Interest cost227

65、234 Expected return on plan assets(261)(174)Amortization of actuarial loss/(gain)25 14 Amortization of prior service cost13 12 Net benefit cost87 168 Other Postretirement BenefitsService cost18 20 Interest cost63 70 Expected return on plan assets(5)(4)Amortization of actuarial loss/(gain)(26)(30)Amo

66、rtization of prior service cost(16)(10)Net benefit cost34 46 (1)(2)(1)(2)11Note 7.Financial Instruments and DerivativesThe estimated fair value of financial instruments and derivatives at March 31,2024 and December 31,2023,and the related hierarchy level for the fair value measurement wasas follows:

67、March 31,2024 Fair Value (millions of dollars)Level 1Level 2Level 3Total GrossAssets&LiabilitiesEffect ofCounterpartyNettingEffect ofCollateralNettingDifference inCarrying Valueand Fair ValueNetCarryingValueAssets Derivative assets 5,813 1,304 7,117(6,492)(88)537 Advances to/receivables from equityc

68、ompanies 2,458 4,657 7,115 498 7,613 Other long-term financial assets 1,372 1,042 2,414 174 2,588 LiabilitiesDerivative liabilities 5,944 1,376 7,320(6,492)(218)610 Long-term debt 25,558 1,378 26,936 3,494 30,430 Long-term obligations to equitycompanies 2,039 2,039 (130)1,909 Other long-term financi

69、al liabilities 694 694 48 742 December 31,2023 Fair Value (millions of dollars)Level 1Level 2Level 3Total GrossAssets&LiabilitiesEffect ofCounterpartyNettingEffect ofCollateralNettingDifference inCarrying Valueand Fair ValueNetCarryingValueAssets Derivative assets 4,544 1,731 6,275(5,177)(528)570 Ad

70、vances to/receivables from equitycompanies 2,517 4,491 7,008 519 7,527 Other long-term financial assets 1,389 944 2,333 202 2,535 LiabilitiesDerivative liabilities 4,056 1,608 5,664(5,177)(40)447 Long-term debt 30,556 2,004 32,560 3,102 35,662 Long-term obligations to equitycompanies 1,896 1,896 (92

71、)1,804 Other long-term financial liabilities 697 697 45 742 Included in the Balance Sheet lines:Notes and accounts receivable-net and Other assets,including intangibles-net.Included in the Balance Sheet line:Investments,advances and long-term receivables.Included in the Balance Sheet lines:Investmen

72、ts,advances and long-term receivables and Other assets,including intangibles-net.Included in the Balance Sheet lines:Accounts payable and accrued liabilities and Other long-term obligations.Excluding finance lease obligations.Advances to/receivables from equity companies and long-term obligations to

73、 equity companies are mainly designated as hierarchy level 3inputs.The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of thecompany.Included in the Balance Sheet line:Other long-term obligations.Includes contingent consider

74、ation related to a prior year acquisitionwhere fair value is based on expected drilling activities and discount rates.At March 31,2024 and December 31,2023,respectively,the Corporation had$736 million and$800 million of collateral under master netting arrangements not offset againstthe derivatives o

75、n the Condensed Consolidated Balance Sheet,primarily related to initial margin requirements.(1)(2)(6)(3)(4)(5)(6)(7)(1)(2)(6)(3)(4)(5)(6)(7)(1)(2)(3)(4)(5)(6)(7)12The Corporation may use non-derivative financial instruments,such as its foreign currency-denominated debt,as hedges of its net investmen

76、ts in certain foreign subsidiaries.Under this method,the change in the carrying value of the financial instruments due to foreign exchange fluctuations is reported in accumulated other comprehensive income.As of March 31,2024,the Corporation has designated$4.9 billion of its Euro-denominated debt an

77、d related accrued interest as a net investment hedge of its European business.The net investment hedge is deemed to be perfectly effective.The Corporation had undrawn short-term committed lines of credit of$323 million and undrawn long-term committed lines of credit of$1,914 million as of first quar

78、ter 2024.Derivative InstrumentsThe Corporations size,strong capital structure,geographic diversity,and the complementary nature of its business segments reduce the Corporations enterprise-wide risk fromchanges in commodity prices,currency rates and interest rates.In addition,the Corporation uses com

79、modity-based contracts,including derivatives,to manage commodity pricerisk and to generate returns from trading.Commodity contracts held for trading purposes are presented in the Condensed Consolidated Statement of Income on a net basis in theline“Sales and other operating revenue and in the Consoli

80、dated Statement of Cash Flows in“Cash Flows from Operating Activities”.The Corporations commodityderivatives are not accounted for under hedge accounting.At times,the Corporation also enters into currency and interest rate derivatives,none of which are material to theCorporations financial position

81、as of March 31,2024 and December 31,2023,or results of operations for the periods ended March 31,2024 and 2023.Credit risk associated with the Corporations derivative position is mitigated by several factors,including the use of derivative clearing exchanges and the quality of andfinancial limits pl

82、aced on derivative counterparties.The Corporation maintains a system of controls that includes the authorization,reporting,and monitoring of derivativeactivity.The net notional long/(short)position of derivative instruments at March 31,2024 and December 31,2023,was as follows:(millions)March 31,2024

83、December 31,2023Crude oil(barrels)15(7)Petroleum products(barrels)(39)(43)Natural gas(MMBTUs)(577)(560)Realized and unrealized gains/(losses)on derivative instruments that were recognized in the Condensed Consolidated Statement of Income are included in the following lineson a before-tax basis:(mill

84、ions of dollars)Three Months EndedMarch 31,20242023Sales and other operating revenue(792)651 Crude oil and product purchases3(25)Total(789)626 13Note 8.Disclosures about Segments and Related Information(millions of dollars)Three Months EndedMarch 31,20242023Earnings(Loss)After Income TaxUpstream Uni

85、ted States1,054 1,632 Non-U.S.4,606 4,825 Energy ProductsUnited States836 1,910 Non-U.S.540 2,273 Chemical ProductsUnited States504 324 Non-U.S.281 47 Specialty ProductsUnited States404 451 Non-U.S.357 323 Corporate and Financing(362)(355)Corporate total8,220 11,430 Sales and Other Operating Revenue

86、UpstreamUnited States2,190 2,770 Non-U.S.3,526 5,387 Energy ProductsUnited States24,803 24,924 Non-U.S.39,409 39,976 Chemical ProductsUnited States2,194 2,029 Non-U.S.3,646 3,692 Specialty ProductsUnited States1,469 1,568 Non-U.S.3,150 3,289 Corporate and Financing24 9 Corporate total80,411 83,644 I

87、ntersegment RevenueUpstreamUnited States5,988 4,956 Non-U.S.9,980 9,399 Energy ProductsUnited States6,558 5,451 Non-U.S.6,752 6,969 Chemical ProductsUnited States1,865 1,788 Non-U.S.1,025 777 Specialty ProductsUnited States655 680 Non-U.S.164 99 Corporate and Financing79 64 14Geographic Sales and Ot

88、her Operating Revenue (millions of dollars)Three Months EndedMarch 31,20242023United States30,656 31,291 Non-U.S.49,755 52,353 Total80,411 83,644 Significant Non-U.S.revenue sources include:Canada7,055 6,721 United Kingdom5,160 7,011 Singapore4,018 3,731 France3,473 3,484 Australia2,425 2,428 Belgiu

89、m2,407 2,649 Germany2,347 2,293 Revenue is determined by primary country of operations.Excludes certain sales and other operating revenues in non-U.S.operationswhere attribution to a specific country is not practicable.Revenue from Contracts with CustomersSales and other operating revenue include bo

90、th revenue within the scope of ASC 606 and outside the scope of ASC 606.Trade receivables in Notes and accounts receivable net reported on the Balance Sheet also includes both receivables within the scope of ASC 606 and those outside the scope of ASC 606.Revenue and receivables outside thescope of A

91、SC 606 primarily relate to physically settled commodity contracts accounted for as derivatives.Contractual terms,credit quality,and type of customer are generallysimilar between those revenues and receivables within the scope of ASC 606 and those outside it.Sales and other operating revenue(millions

92、 of dollars)Three Months EndedMarch 31,20242023Revenue from contracts with customers58,419 64,304 Revenue outside the scope of ASC 60621,992 19,340 Total80,411 83,644(1)(1)15Note 9.Divestment ActivitiesThrough March 31,2024,the Corporation realized proceeds of approximately$0.7 billion from its dive

93、stment activities with negligible impact on net after-tax earnings.Thisincluded the sale of the Santa Ynez Unit and associated facilities in California,as well as other smaller divestments.In 2023,the Corporation realized proceeds of approximately$4.1 billion and recognized net after-tax earnings of

94、 approximately$0.6 billion from its divestment activities.Thisincluded the sale of the Aera Energy joint venture,Esso Thailand Ltd.,the Billings Refinery,certain unconventional assets in the United States,as well as other smallerdivestments.In February 2022,the Corporation signed an agreement with S

95、eplat Energy Offshore Limited for the sale of Mobil Producing Nigeria Unlimited.The agreement is subject tocertain conditions precedent and government approvals.In mid-2022,a Nigerian court issued an order to halt transition activities and enter into arbitration with the NigerianNational Petroleum C

96、ompany.The closing date and any loss on sale will depend on resolution of these matters.16ITEM 2.MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONSOverviewIn the first quarter of 2024 the price of crude oil remained flat relative to fourth quarter 2023 and near the

97、middle of the pre-COVID 10-year range(2010-2019),as marketsremained balanced.More recently,the market for crude has tightened driven by ongoing concerns over conflict in the Middle East.Natural gas prices decreased,moving backtoward the middle of the 10-year range,on high inventory levels and lower

98、demand.Refining margins in the quarter rose to the top of the 10-year range,as demand grew whileturnarounds and global disruptions weighed on supply.Chemical margins remained relatively flat at bottom-of-cycle conditions,as new capacity additions offset demandgrowth.Recent Mergers and AcquisitionsIn

99、 October 2023,ExxonMobil announced that it had entered into a definitive merger agreement with Pioneer Natural Resources.The transaction represents an opportunity todeliver leading capital efficiency and cost performance as well as increase production by combining Pioneers large scale,contiguous,hig

100、h-quality undeveloped Midlandacreage with ExxonMobils Permian resource development approach.In addition to increasing production,we plan to pull forward Pioneers Net Zero ambition by 15 years,from 2050 to 2035.See Note 2.Pioneer Natural Resources Merger of the Condensed Consolidated Financial Statem

101、ents for additional information.Selected Earnings Factor DefinitionsThe earnings factors have been updated to provide additional visibility into drivers of our business results starting this first quarter of 2024.The company evaluates thesefactors periodically to determine if any enhancements may pr

102、ovide helpful insights to the market.Listed below are descriptions of the earnings factors:Advantaged Volume Growth.Earnings impacts from change in volume/mix from advantaged assets,strategic projects,and high-value products.Advantaged Assets(Advantaged growth projects).Includes Permian,Guyana,Brazi

103、l,and LNG.Strategic Projects.Includes(i)the following completed projects:Rotterdam Hydrocracker,Corpus Christi Chemical Complex,Baton Rouge Polypropylene,BeaumontCrude Expansion,Baytown Chemical Expansion,Permian Crude Venture,and the 2022 Baytown advanced recycling facility;and(ii)the following pro

104、jects still to becompleted:Fawley Hydrofiner,China Chemical Complex,Singapore Resid Upgrade,Strathcona Renewable Diesel,Proxxima Venture,USGC Reconfiguration,additional advanced recycling projects under evaluation worldwide,and additional projects in plan yet to be publicly announced.High-Value Prod

105、ucts.Includes performance products and lower-emission fuels.Performance products(performance chemicals,performance lubricants)refers toproducts that provide differentiated performance for multiple applications through enhanced properties versus commodity alternatives and bring significant additional

106、value to customers and end-users.Lower-emission fuels refers to fuels with lower life cycle emissions than conventional transportation fuels for gasoline,diesel andjet transport.Base Volume.Includes all volume/mix factors not included in Advantaged Volume Growth defined above.Structural Cost Savings

107、.After-tax earnings effect of Structural Cost Savings as defined on page 19,including cash operating expenses related to divestments that werepreviously in the volume/mix factor.Expenses.Includes all expenses otherwise not included in other earnings factors.Timing Effects.Timing effects are primaril

108、y related to unsettled derivatives(mark-to-market)and other earnings impacts driven by timing differences between the settlement ofderivatives and their offsetting physical commodity realizations(due to LIFO inventory accounting).TM17Earnings(loss)excluding Identified ItemsEarnings(loss)excluding Id

109、entified Items(non-GAAP)are earnings(loss)excluding individually significant non-operational events with,typically,an absolute corporate totalearnings impact of at least$250 million in a given quarter.The earnings(loss)impact of an Identified Item for an individual segment in a given quarter may be

110、less than$250million when the item impacts several periods or several segments.Earnings(loss)excluding identified items does include non-operational earnings events or impacts that aregenerally below the$250 million threshold utilized for Identified Items.Management uses these figures to improve com

111、parability of the underlying business across multipleperiods by isolating and removing significant non-operational events from business results.The Corporation believes this view provides investors increased transparency intobusiness results and trends and provides investors with a view of the busin

112、ess as seen through the eyes of management.Earnings(loss)excluding Identified Items is not meantto be viewed in isolation or as a substitute for net income(loss)attributable to ExxonMobil as prepared in accordance with U.S.GAAP.Three Months EndedMarch 31,2024UpstreamEnergy ProductsChemical ProductsS

113、pecialty ProductsCorporateandFinancingTotal(millions of dollars)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)1,054 4,606 836 540 504 281 404 357(362)8,220 Total Identified Items Earnings(loss)excludingIdentified Items(Non-GAAP)1,054 4,606 836 540 504 281 404 357(362)8,220

114、Three Months EndedMarch 31,2023UpstreamEnergy ProductsChemical ProductsSpecialty ProductsCorporateandFinancingTotal(millions of dollars)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)1,632 4,825 1,910 2,273 324 47 451 323(355)11,430 Identified ItemsTax-related items(158)(30)

115、(188)Earnings(loss)excludingIdentified Items(Non-GAAP)1,632 4,983 1,910 2,303 324 47 451 323(355)11,618 References in this discussion to Corporate earnings(loss)mean net income(loss)attributable to ExxonMobil(U.S.GAAP)from the Condensed Consolidated Statement ofIncome.Unless otherwise indicated,refe

116、rences to earnings(loss);Upstream,Energy Products,Chemical Products,Specialty Products,and Corporate and Financing earnings(loss);and earnings(loss)per share are ExxonMobils share after excluding amounts attributable to noncontrolling interests.Due to rounding,numbers presented may not add up precis

117、ely to the totals indicated.18Structural Cost SavingsStructural Cost Savings describes decreases in cash opex excluding energy and production taxes as a result of operational efficiencies,workforce reductions,divestment-relatedreductions,and other cost-savings measures that are expected to be sustai

118、nable compared to 2019 levels.Relative to 2019,estimated cumulative Structural Cost Savings totaled$10.1 billion,which included an additional$0.4 billion in the first three months of 2024.The total change between periods in expenses below will reflect both Structural CostSavings and other changes in

119、 spend,including market factors,such as inflation and foreign exchange impacts,as well as changes in activity levels and costs associated withnew operations.Estimates of cumulative annual structural savings may be revised depending on whether cost reductions realized in prior periods are determined

120、to besustainable compared to 2019 levels.Structural Cost Savings are stewarded internally to support managements oversight of spending over time.This measure is useful forinvestors to understand the Corporations efforts to optimize spending through disciplined expense management.Dollars in billions(

121、unless otherwise noted)Twelve MonthsEnded December 31,Three MonthsEnded March 31,20024Components of Operating CostsFrom ExxonMobils Consolidated Statement of Income(U.S.GAAP)Production and manufacturing expenses36.8 36.9 9.4 9.1 Selling,general and administrative expenses11.4 9.9 2.4 2.5

122、Depreciation and depletion(includes impairments)19.0 20.6 4.2 4.8 Exploration expenses,including dry holes1.3 0.8 0.1 0.1 Non-service pension and postretirement benefit expense1.2 0.7 0.2 Subtotal69.7 68.9 16.4 16.5 ExxonMobils share of equity company expenses(non-GAAP)9.1 10.5 2.7 2.4 Total Adjuste

123、d Operating Costs(non-GAAP)78.8 79.4 19.1 18.9 Total Adjusted Operating Costs(non-GAAP)78.8 79.4 19.1 18.9 Less:Depreciation and depletion(includes impairments)19.0 20.6 4.2 4.8 Non-service pension and postretirement benefit expense1.2 0.7 0.2 Other adjustments(includes equity company depreciationan

124、d depletion)3.6 3.7 0.8 0.9 Total Cash Operating Expenses(Cash Opex)(non-GAAP)55.0 54.4 13.9 13.2 Energy and production taxes(non-GAAP)11.0 14.9 4.3 3.4 Total Cash Operating Expenses(Cash Opex)excludingEnergy and Production Taxes(non-GAAP)44.0 39.5 9.6 9.8 Change vs2019Changevs2023EstimatedCumulativ

125、e vs2019Total Cash Operating Expenses(Cash Opex)excludingEnergy and Production Taxes(non-GAAP)-4.5+0.2Market+3.6+0.1Activity/Other+1.6+0.5Structural Cost Savings-9.7-0.4-10.1Due to rounding,numbers presented may not add up precisely to the totals indicated.19REVIEW OF FIRST QUARTER 2024 RESULTSExxon

126、Mobils first-quarter 2024 earnings were$8.2 billion,or$2.06 per share assuming dilution,compared with earnings of$11.4 billion a year earlier.The decrease inearnings was mainly driven by declining industry refining margins and lower natural gas prices.Capital and exploration expenditures were$5.8 bi

127、llion,down$0.5 billion fromfirst quarter 2023.UPSTREAMUpstream Financial Results(millions of dollars)Three Months EndedMarch 31,20242023Earnings(loss)(U.S.GAAP)United States1,054 1,632 Non-U.S.4,606 4,825 Total5,660 6,457 Identified Items United States Non-U.S.(158)Total(158)Earnings(loss)excluding

128、Identified Items (Non-GAAP)United States1,054 1,632 Non-U.S.4,606 4,983 Total5,660 6,615 Refer to page 18 for definition of Identified Items and earnings(loss)excluding Identified Items.(1)(1)(1)20Upstream First Quarter Earnings Factor Analysis(millions of dollars)Price Price impacts decreased earni

129、ngs by$820 million,driven by a 32%decrease in natural gas realizations,partially offset by a 4%increase in liquids realizations.Advantaged Volume Growth Higher volumes from advantaged assets increased earnings by$430 million,mainly driven by Guyana liquids growth.Base Volume Lower base volumes decre

130、ased earnings by$400 million,mainly driven by divestments,government-mandated curtailments,and unfavorable entitlementeffects.Structural Cost Savings Increased earnings by$90 million.Expenses Higher expenses,primarily from depreciation,decreased earnings by$160 million.Other Other items decreased ea

131、rnings by$470 million,reflecting other primarily non-cash impacts from tax and inventory adjustments as well as divestments.Timing Effects Less unfavorable timing effects from derivatives mark-to-market impacts increased earnings by$370 million.Identified Items 1Q 2023$(158)million loss driven by ad

132、ditional European taxes.Refer to page 18 for definition of Identified Items and earnings(loss)excluding Identified Items.(1)(1)21Upstream Operational ResultsThree Months EndedMarch 31,20242023Net production of crude oil,natural gas liquids,bitumen and synthetic oil(thousands of barrels daily)United

133、States816 820 Canada/Other Americas772 670 Europe4 4 Africa224 220 Asia711 749 Australia/Oceania30 32 Worldwide2,557 2,495 Net natural gas production available for sale(millions of cubic feet daily)United States2,241 2,367 Canada/Other Americas94 94 Europe377 548 Africa150 134 Asia3,274 3,597 Austra

134、lia/Oceania1,226 1,276 Worldwide7,362 8,016 Oil-equivalent production(thousands of oil-equivalent barrels daily)3,784 3,831 Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels.(1)(1)22Upstream Additional Information(thousands of barrels daily)Three

135、Months EndedMarch 31Volumes reconciliation(Oil-equivalent production)20233,831Entitlements-Net InterestEntitlements-Price/Spend/Other(41)Government Mandates(17)Divestments(66)Growth/Other7720243,784Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels

136、.1Q 2024versus1Q 20231Q 2024 production of 3.8 million oil-equivalent barrels per day decreased 47 thousand oil-equivalent barrels per day from 1Q 2023.Excluding the impacts from entitlements,divestments,and higher government-mandated curtailments,net production grew by 77 thousand oil-equivalentbar

137、rels per day,mainly driven by Guyana.Listed below are descriptions of ExxonMobils volumes reconciliation factors which are provided to facilitate understanding of the terms.Entitlements-Net Interest are changes to ExxonMobils share of production volumes caused by non-operational changes to volume-de

138、termining factors.These factors consistof net interest changes specified in Production Sharing Contracts(PSCs),which typically occur when cumulative investment returns or production volumes achieve definedthresholds,changes in equity upon achieving pay-out in partner investment carry situations,equi

139、ty redeterminations as specified in venture agreements,or as a result of thetermination or expiry of a concession.Once a net interest change has occurred,it typically will not be reversed by subsequent events,such as lower crude oil prices.Entitlements-Price,Spend and Other are changes to ExxonMobil

140、s share of production volumes resulting from temporary changes to non-operational volume-determiningfactors.These factors include changes in oil and gas prices or spending levels from one period to another.According to the terms of contractual arrangements or governmentroyalty regimes,price or spend

141、ing variability can increase or decrease royalty burdens and/or volumes attributable to ExxonMobil.For example,at higher prices,fewer barrelsare required for ExxonMobil to recover its costs.These effects generally vary from period to period with field spending patterns or market prices for oil and n

142、atural gas.Suchfactors can also include other temporary changes in net interest as dictated by specific provisions in production agreements.Government Mandates are changes to ExxonMobils sustainable production levels as a result of production limits or sanctions imposed by governments.Divestments ar

143、e reductions in ExxonMobils production arising from commercial arrangements to fully or partially reduce equity in a field or asset in exchange for financial orother economic consideration.Growth and Other comprise all other operational and non-operational factors not covered by the above definition

144、s that may affect volumes attributable to ExxonMobil.Suchfactors include,but are not limited to,production enhancements from project and work program activities,acquisitions including additions from asset exchanges,downtime,market demand,natural field decline,and any fiscal or commercial terms that

145、do not affect entitlements.(1)(1)23ENERGY PRODUCTSEnergy Products Financial Results(millions of dollars)Three Months EndedMarch 31,20242023Earnings(loss)(U.S.GAAP)United States836 1,910 Non-U.S.540 2,273 Total1,376 4,183 Identified Items United States Non-U.S.(30)Total(30)Earnings(loss)excluding Ide

146、ntified Items (Non-GAAP)United States836 1,910 Non-U.S.540 2,303 Total1,376 4,213 Due to rounding,numbers presented may not add up precisely to the totals indicated.Energy Products First Quarter Earnings Factor Analysis(millions of dollars)Margin Margins decreased earnings by$2,000 million driven by

147、 weaker industry refining margins.Advantaged Volume Growth Higher volumes from advantaged assets increased earnings by$140 million,primarily driven by the Beaumont refinery expansion.Base Volume Lower base volumes decreased earnings by$210 million,on divestment of three refining assets(Billings,Srir

148、acha,and Trecate).Structural Cost Savings Increased earnings by$140 million.Expenses Higher expenses decreased earnings by$290 million,on higher scheduled maintenance and turnaround activity.Other All other items increased earnings by$40 million.Timing Effects Unfavorable timing effects from derivat

149、ives mark-to-market impacts decreased earnings by$660 million.Identified Items 1Q 2023$(30)million loss related to additional European taxes.Refer to page 18 for definition of Identified Items and earnings(loss)excluding Identified Items.(1)(1)(1)(1)24Energy Products Operational Results(thousands of

150、 barrels daily)Three Months EndedMarch 31,20242023Refinery throughputUnited States1,900 1,643 Canada407 417 Europe954 1,189 Asia Pacific402 565 Other180 184 Worldwide3,843 3,998 Energy Products salesUnited States2,576 2,459 Non-U.S.2,656 2,818 Worldwide5,232 5,277 Gasoline,naphthas2,178 2,177 Heatin

151、g oils,kerosene,diesel1,742 1,770 Aviation fuels339 312 Heavy fuels214 215 Other energy products759 803 Data reported net of purchases/sales contracts with the same counterparty.(1)(1)25CHEMICAL PRODUCTSChemical Products Financial Results(millions of dollars)Three Months EndedMarch 31,20242023Earnin

152、gs(loss)(U.S.GAAP)United States504 324 Non-U.S.281 47 Total785 371 Earnings(loss)excluding Identified Items (Non-GAAP)United States504 324 Non-U.S.281 47 Total785 371 Refer to page 18 for definition of Identified Items and earnings(loss)excluding Identified Items.Chemical Products First Quarter Earn

153、ings Factor Analysis(millions of dollars)Margin Increased North America feed advantage from lower natural gas prices and higher margins from performance chemicals realizations,more than offset industry margindecline,increasing earnings by$200 million.Advantaged Volume Growth Additional high-value pr

154、oduct volumes increased earnings by$40 million.Base Volume Higher base volumes increased earnings by$160 million,primarily driven by strong reliability and absence of turnarounds.Structural Cost Savings Increased earnings by$20 million.Expenses Lower turnaround expenses increased earnings by$10 mill

155、ion.Other All other items decreased earnings by$20 million.Chemical Products Operational Results(thousands of metric tons)Three Months EndedMarch 31,20242023Chemical Products sales United States1,847 1,561 Non-U.S.3,207 3,088 Worldwide5,054 4,649 Data reported net of purchases/sales contracts with t

156、he same counterparty.(1)(1)(2)(2)26SPECIALTY PRODUCTSSpecialty Products Financial Results(millions of dollars)Three Months EndedMarch 31,20242023Earnings(loss)(U.S.GAAP)United States404 451 Non-U.S.357 323 Total761 774 Earnings(loss)excluding Identified Items (Non-GAAP)United States404 451 Non-U.S.3

157、57 323 Total761 774 Refer to page 18 for definition of Identified Items and earnings(loss)excluding Identified Items.Specialty Products First Quarter Earnings Factor Analysis(millions of dollars)Margin Stronger finished lubes margins due to lower feed costs more than offset weaker basestock margins,

158、increasing earnings by$30 million.Base Volume Unfavorable volume/mix effects decreased earnings by$20 million.Structural Cost Savings Increased earnings by$20 million.Expenses Higher expenses decreased earnings by$40 million.Specialty Products Operational Results(thousands of metric tons)Three Month

159、s EndedMarch 31,20242023Specialty Products sales United States495 476 Non-U.S.1,464 1,464 Worldwide1,959 1,940 Data reported net of purchases/sales contracts with the same counterparty.(1)(1)(2)(2)27CORPORATE AND FINANCINGCorporate and Financing Financial Results(millions of dollars)Three Months End

160、edMarch 31,20242023Earnings(loss)(U.S.GAAP)(362)(355)Earnings(loss)excluding Identified Items (Non-GAAP)(362)(355)Refer to page 18 for definition of Identified Items and earnings(loss)excluding Identified Items.Corporate and Financing expenses were$362 million for the first quarter of 2024,$7 millio

161、n higher than the first quarter of 2023.(1)(1)28LIQUIDITY AND CAPITAL RESOURCES(millions of dollars)Three Months EndedMarch 31,20242023Net cash provided by/(used in)Operating activities14,664 16,341 Investing activities(4,577)(4,925)Financing activities(7,982)(8,507)Effect of exchange rate changes(3

162、24)102 Increase/(decrease)in cash and cash equivalents1,781 3,011 Cash and cash equivalents(at end of period)33,349 32,676 Cash flow from operations and asset salesNet cash provided by operating activities(U.S.GAAP)14,664 16,341 Proceeds associated with sales of subsidiaries,property,plant&equipment

163、,and sales and returns of investments703 854 Cash flow from operations and asset sales(Non-GAAP)15,367 17,195 Because of the ongoing nature of our asset management and divestment program,we believe it is useful for investors to consider proceedsassociated with asset sales together with cash provided

164、 by operating activities when evaluating cash available for investment in the businessand financing activities,including shareholder distributions.Cash flow from operations and asset sales in the first quarter of 2024 was$15.4 billion,a decrease of$1.8 billion from the comparable 2023 period primari

165、ly reflecting lowerearnings.Cash provided by operating activities totaled$14.7 billion for the first three months of 2024,$1.7 billion lower than 2023.Net income including noncontrolling interests was$8.6 billion,a decrease of$3.3 billion from the prior year period.The adjustment for the noncash pro

166、vision of$4.8 billion for depreciation and depletion was up$0.6 billionfrom 2023.Changes in operational working capital were a contribution of$2.0 billion during the period.All other items net decreased cash flows by$0.7 billion in 2024 versusa contribution of$0.6 billion in 2023.See the Condensed C

167、onsolidated Statement of Cash Flows for additional details.Investing activities for the first three months of 2024 used net cash of$4.6 billion,a decrease of$0.3 billion compared to the prior year.Spending for additions to property,plant and equipment of$5.1 billion was$0.3 billion lower than 2023.P

168、roceeds from asset sales were$0.7 billion,a decrease of$0.2 billion compared to the prior year.Netinvestments and advances decreased$0.2 billion from$0.4 billion in 2023.Net cash used in financing activities was$8.0 billion in the first three months of 2024,including$3.0 billion for the purchase of

169、27.5 million shares of ExxonMobil stock,aspart of the previously announced buyback program.This compares to net cash used in financing activities of$8.5 billion in the prior year.Total debt at the end of the firstquarter of 2024 was$40.4 billion compared to$41.6 billion at year-end 2023.The Corporat

170、ions debt to total capital ratio was 16.0 percent at the end of the first quarter of 2024compared to 16.4 percent at year-end 2023.The net debt to capital ratio was 3.2 percent at the end of the first quarter,a decrease of 1.3 percentage points from year-end 2023.The Corporations capital allocation

171、priorities are investing in competitively advantaged,high-return projects;maintaining a strong balance sheet;and sharing our success withour shareholders through more consistent share repurchases and a growing dividend.The Corporation distributed a total of$3.8 billion to shareholders in the first t

172、hree monthsof 2024 through dividends.The Corporation has access to significant capacity of long-term and short-term liquidity.Internally generated funds are expected to cover the majority of financial requirements,supplemented by long-term and short-term debt.The Corporation had undrawn short-term c

173、ommitted lines of credit of$0.3 billion and undrawn long-term committed lines ofcredit of$1.9 billion as of first quarter 2024.The Corporation,as part of its ongoing asset management program,continues to evaluate its mix of assets for potential upgrade.Because of the ongoing nature of this program,d

174、ispositions will continue to be made from time to time which will result in either gains or losses.Additionally,the Corporation continues to evaluate opportunities to enhanceits business portfolio through acquisitions of assets or companies,and enters into such transactions from time to time.Key cri

175、teria for evaluating acquisitions include strategicfit,cost synergies,potential for future growth,low cost of supply,and attractive valuations.Acquisitions may be made with cash,shares of the Corporations common stock,orboth.Litigation and other contingencies are discussed in Note 3 to the unaudited

176、 condensed consolidated financial statements.29Contractual ObligationsThe Corporation and its affiliates have numerous long-term sales and purchase commitments in their various business activities,all of which are expected to be fulfilled with noadverse consequences material to the Corporations oper

177、ations or financial condition.Through the first quarter of 2024,the Corporation entered into two long-term purchaseagreements with an estimated total obligation of approximately$3.0 billion.TAXES(millions of dollars)Three Months EndedMarch 31,20242023Income taxes3,803 4,960 Effective income tax rate

178、36%34%Total other taxes and duties 7,160 8,095 Total10,963 13,055 Includes“Other taxes and duties”plus taxes that are included in“Production and manufacturing expenses”and“Selling,general andadministrative expenses”.Total taxes were$11.0 billion for the first quarter of 2024,a decrease of$2.1 billio

179、n from 2023.Income tax expense was$3.8 billion compared to$5.0 billion in the prior year.The effective income tax rate,which is calculated based on consolidated company income taxes and Exxonmobils share of equity company income taxes,was 36 percent.Thisincreased from the 34 percent rate in the prio

180、r year period due primarily to a change in mix of results in jurisdictions with varying tax rates.Total other taxes and dutiesdecreased by$0.9 billion to$7.2 billion.CAPITAL AND EXPLORATION EXPENDITURES(millions of dollars)Three Months EndedMarch 31,20242023Upstream(including exploration expenses)4,

181、582 4,581 Energy Products527 685 Chemical Products433 831 Specialty Products76 91 Other221 192 Total5,839 6,380 Capital and exploration expenditures in the first quarter of 2024 were$5.8 billion,down 8%from the first quarter of 2023.The Corporation plans to invest in the range of$23billion to$25 bil

182、lion in 2024.Actual spending could vary depending on the progress of individual projects and property acquisitions.(1)(1)30FORWARD-LOOKING STATEMENTSStatements related to future events;projections;descriptions of strategic,operating,and financial plans and objectives;statements of future ambitions a

183、nd plans;and otherstatements of future events or conditions,are forward-looking statements.Similarly,discussion of roadmaps or future plans related to carbon capture,transportation andstorage,biofuel,hydrogen,direct air capture,and other future plans to reduce emissions and emission intensity of Exx

184、onMobil,its affiliates,companies it is seeking to acquireand third parties are dependent on future market factors,such as continued technological progress,policy support and timely rule-making and permitting,and representforward-looking statements.Actual future results,including financial and operat

185、ing performance;potential earnings,cash flow,dividends or shareholder returns,including the timing and amounts of sharerepurchases;total capital expenditures and mix,including allocations of capital to low carbon investments;realization and maintenance of structural cost reductions andefficiency gai

186、ns,including the ability to offset inflationary pressure;plans to reduce future emissions and emissions intensity,including ambitions to reach Scope 1 and Scope 2net zero from operated assets by 2050,to reach Scope 1 and 2 net zero in Upstream Permian Basin unconventional operated assets by 2030 and

187、 in Pioneer assets by 2035,toeliminate routine flaring in-line with World Bank Zero Routine Flaring,and to reach near-zero methane emissions from operated assets and other methane initiatives;meetingExxonMobils divestment and start-up plans,and associated project plans as well as technology advances

188、,including the timing and outcome of projects to capture,transportand store CO2,produce hydrogen,produce biofuels,produce lithium,create new advanced carbon materials,and use plastic waste as a feedstock for advanced recycling;timelygranting of governmental permits and certifications;future debt lev

189、els and credit ratings;business and project plans,timing,costs,capacities and profitability;resourcerecoveries and production rates;and planned Denbury and Pioneer integrated benefits could differ materially due to a number of factors.These include global or regional changes in the supply and demand

190、 for oil,natural gas,petrochemicals,and feedstocks and other market factors,economic conditions,andseasonal fluctuations that impact prices and differentials for our products;changes in law,regulations,taxes,trade sanctions,or policies,such as government policies supportinglower carbon and new marke

191、t investment opportunities such as the U.S.Inflation Reduction Act and the ability for projects to qualify for the financial incentives availablethereunder,the punitive European taxes on the oil and gas sector and unequal support for different technological methods of emissions reduction or evolving

192、,ambiguous andunharmonized standards imposed by various jurisdictions related to sustainability and GHG reporting;variable impacts of trading activities on our margins and results eachquarter;actions of competitors and commercial counterparties;the outcome of commercial negotiations,including final

193、agreed terms and conditions;the ability to access debtmarkets on favorable terms or at all;the occurrence,pace,rate of recovery and effects of public health crises,including the response from governments;reservoir performance,including variability and timing factors applicable to unconventional reso

194、urces;the level and outcome of exploration projects and decisions to invest in future reserves;timelycompletion of development and other construction projects;final management approval of future projects and any changes in the scope,terms,costs or assumptions of suchprojects as approved;the actions

195、of government or other actors against our core business activities and acquisitions,divestitures or financing opportunities;war,civil unrest,attacks against the company or industry,and other geopolitical or security disturbances,including disruption of land or sea transportation routes;expropriation

196、s,seizure,orcapacity,insurance,shipping or export limitations imposed by governments or laws;opportunities for potential acquisitions,investments or divestments and satisfaction ofapplicable conditions to closing,including timely regulatory approvals;the capture of efficiencies within and between bu

197、siness lines and the ability to maintain near-term costreductions as ongoing efficiencies;unforeseen technical or operating difficulties and unplanned maintenance;the development and competitiveness of alternative energy andemission reduction technologies;the results of research programs and the abi

198、lity to bring new technologies to commercial scale on a cost-competitive basis;and other factorsdiscussed under Item 1A.Risk Factors of ExxonMobils 2023 Form 10-K.Forward-looking and other statements regarding environmental and other sustainability efforts and aspirations are not an indication that

199、these statements are material toinvestors or require disclosure in our filing with the SEC.In addition,historical,current,and forward-looking environmental and other sustainability-related statements may bebased on standards for measuring progress that are still developing,internal controls and proc

200、esses that continue to evolve,and assumptions that are subject to change in thefuture,including future rule-making.Energy demand models are forward-looking by nature and aim to replicate system dynamics of the global energy system,requiring simplifications.The reference to anyscenario in this report

201、,including any potential net-zero scenarios,does not imply ExxonMobil views any particular scenario as likely to occur.In addition,energy demandscenarios require assumptions on a variety of parameters.As such,the outcome of any given scenario using an energy demand model comes with a high degree of

202、uncertainty.Third-party scenarios discussed in this report reflect the modeling assumptions and outputs of their respective authors,not ExxonMobil,and their use by ExxonMobil is not anendorsement by ExxonMobil of their underlying assumptions,likelihood or probability.Investment decisions are made on

203、 the basis of ExxonMobils separate planning process.Any use of the modeling of a third-party organization within this report does not constitute or imply an endorsement by ExxonMobil of any or all of the positions or activitiesof such organization.31Actions needed to advance ExxonMobils 2030 greenho

204、use gas emission-reductions plans are incorporated into its medium-term business plans,which are updated annually.The reference case for planning beyond 2030 is based on ExxonMobils Global Outlook(Outlook)research and publication.The Outlook is reflective of the existing globalpolicy environment and

205、 an assumption of increasing policy stringency and technology improvement to 2050.However,the Outlook does not attempt to project the degree ofrequired future policy and technology advancement and deployment for the world,or ExxonMobil,to meet net zero by 2050.As future policies and technology advan

206、cementsemerge,they will be incorporated into the Outlook,and ExxonMobils business plans will be updated accordingly.References to projects or opportunities may not reflectinvestment decisions made by ExxonMobil or its affiliates.Individual projects or opportunities may advance based on a number of f

207、actors,including availability of supportivepolicy,permitting,technological advancement for cost-effective abatement,insights from the company planning process,and alignment with our partners and otherstakeholders.Capital investment guidance in lower-emission investments is based on our corporate pla

208、n;however,actual investment levels will be subject to the availability ofthe opportunity set,public policy support,and focused on returns.The term“project”as used in this report can refer to a variety of different activities and does not necessarily have the same meaning as in any government payment

209、transparency reports.32ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKInformation about market risks for the three months ended March 31,2024,does not differ materially from that discussed under Item 7A of the registrants Annual Report onForm 10-K for 2023.ITEM 4.CONTROLS AND PROCE

210、DURESAs indicated in the certifications in Exhibit 31 of this report,the Corporations Chief Executive Officer,Chief Financial Officer and Principal Accounting Officer haveevaluated the Corporations disclosure controls and procedures as of March 31,2024.Based on that evaluation,these officers have co

211、ncluded that the Corporations disclosurecontrols and procedures are effective in ensuring that information required to be disclosed by the Corporation in the reports that it files or submits under the SecuritiesExchange Act of 1934,as amended,is accumulated and communicated to them in a manner that

212、allows for timely decisions regarding required disclosures and are effective inensuring that such information is recorded,processed,summarized and reported within the time periods specified in the Securities and Exchange Commissions rules andforms.There were no changes during the Corporations last f

213、iscal quarter that materially affected,or are reasonably likely to materially affect,the Corporations internal controlover financial reporting.33PART II.OTHER INFORMATIONITEM 1.LEGAL PROCEEDINGSExxonMobil has elected to use a$1 million threshold for disclosing environmental proceedings.Refer to the

214、relevant portions of Note 3 of this Quarterly Report on Form 10-Q for further information on legal proceedings.As reported in the Corporations Annual Report on Form 10-K for the year ended December 31,2022,on August 4,2022,XTO Energy,Inc.(“XTO”)received a letter from theDepartment of Justice(“DOJ”)n

215、otifying XTO of the United States Environmental Protection Agencys(“EPA”)request to initiate a potential civil action against XTOregarding the Schnegg well in Powhatan Point,Ohio.The EPA alleged XTO breached its duty under the General Duty Clause of the Clean Air Act for the Schnegg well,andsuch bre

216、aches resulted in the 2018 well blowout.Neither a civil action has been filed nor a draft consent decree has been provided by the DOJ.In January 2024,the DOJdemanded$25 million to settle the alleged violations.XTO strongly disagrees with the DOJs position.As reported in the Corporations Annual Repor

217、t on Form 10-K for the year ended December 31,2022,the State of Texas,acting by and through its Attorney General(“State”),filed a complaint against the Corporation(captioned State of Texas v.Exxon Mobil Corporation)in Travis County District Court,TX,Cause No.D-1-GN-22-006534,foralleged violations of

218、 the Texas Clean Air Act at the Baytown Olefins Plant located in Baytown,Texas seeking civil penalties in excess of$1 million,injunctive relief,andrecovery of its fees and costs of litigation.In March 2024,the State of Texas and the Corporation agreed to settle the alleged violations upon payment of

219、$2.2 million to theState of Texas(the“Proposed Settlement”).Once the Proposed Settlement is published in the Federal Register,it will be open to public comment for 30 days before the DistrictCourt may approve it.ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDSIssuer Purchases of Eq

220、uity Securities for Quarter Ended March 31,2024Total Numberof SharesPurchased AveragePrice Paidper Share Total Number of SharesPurchased as Part ofPublicly Announced Plansor Programs Approximate Dollar Value ofShares that May Yet BePurchased Under theProgram(Billions of dollars)January 20242,729,980

221、$102.692,704,895$17.2February 202411,040,594$103.5511,040,594$16.1March 202413,797,147$110.4813,797,137$14.6Total27,567,721$106.9427,542,626Includes shares withheld from participants in the companys incentive program for personal income taxes.Excludes 1%U.S.excise tax on stock repurchases.Purchases

222、were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1.As required by securities lawrestrictions,no repurchases take place during proxy solicitation and voting periods for transactions involving the issuance of ExxonMobilshares.For the Pioneer transaction,this period o

223、ccurred during the first quarter of 2024.In its 2022 Corporate Plan Update released December 8,2022,the Corporation stated that the company expanded its share repurchaseprogram to up to$50 billion through 2024,including$15 billion of repurchases in 2022 and$17.5 billion in 2023.In its 2023 Corporate

224、Plan Update released December 6,2023,the Corporation stated that after the Pioneer transaction closes,the go-forward share repurchaseprogram pace is expected to increase to$20 billion annually through 2025,assuming reasonable market conditions.During the first quarter,the Corporation did not issue o

225、r sell any unregistered equity securities.ITEM 5.OTHER INFORMATIONDuring the three months ended March 31,2024,none of the Companys directors or officers adopted or terminated a“Rule 10b5-1 trading arrangement”or“non-Rule 10b5-1trading arrangement,”as each term is defined in Item 408(a)of Regulation

226、S-K.ITEM 6.EXHIBITSSee Index to Exhibits of this report.(1)(2)(3)(4)(1)(2)(3)(4)34INDEX TO EXHIBITS Exhibit Description 31.1 Certification(pursuant to Securities Exchange Act Rule 13a-14(a)by Chief Executive Officer.31.2 Certification(pursuant to Securities Exchange Act Rule 13a-14(a)by Chief Financ

227、ial Officer.31.3 Certification(pursuant to Securities Exchange Act Rule 13a-14(a)by Principal Accounting Officer.32.1 Section 1350 Certification(pursuant to Sarbanes-Oxley Section 906)by Chief Executive Officer.32.2 Section 1350 Certification(pursuant to Sarbanes-Oxley Section 906)by Chief Financial

228、 Officer.32.3 Section 1350 Certification(pursuant to Sarbanes-Oxley Section 906)by Principal Accounting Officer.101 Interactive Data Files(formatted as Inline XBRL).104 Cover Page Interactive Data File(formatted as Inline XBRL and contained in Exhibit 101).35SIGNATURE Pursuant to the requirements of

229、 the Securities Exchange Act of 1934,the Registrant has duly caused this report to be signed on its behalf by the undersigned,thereunto dulyauthorized.EXXON MOBIL CORPORATION Date:April 29,2024By:/s/LEN M.FOX Len M.Fox Vice President,Controller and Principal Accounting Officer 36EXHIBIT 31.1Certific

230、ation by Darren W.WoodsPursuant to Securities Exchange Act Rule 13a-14(a)I,Darren W.Woods,certify that:1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;2.Based on my knowledge,this report does not contain any untrue statement of a material fact or omit to state a mater

231、ial fact necessary to make the statements made,in lightof the circumstances under which such statements were made,not misleading with respect to the period covered by this report;3.Based on my knowledge,the financial statements,and other financial information included in this report,fairly present i

232、n all material respects the financial condition,results of operations and cash flows of the registrant as of,and for,the periods presented in this report;4.The registrants other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures(as defined i

233、n Exchange Act Rules 13a-15(e)and 15d-15(e)and internal control over financial reporting(as defined in Exchange Act Rules 13a-15(f)and 15d-15(f)for the registrant and have:(a)Designed such disclosure controls and procedures,or caused such disclosure controls and procedures to be designed under our s

234、upervision,to ensure that materialinformation relating to the registrant,including its consolidated subsidiaries,is made known to us by others within those entities,particularly during the period inwhich this report is being prepared;(b)Designed such internal control over financial reporting,or caus

235、ed such internal control over financial reporting to be designed under our supervision,to providereasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generallyaccepted accounting principles;(c)Evalu

236、ated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosurecontrols and procedures,as of the end of the period covered by this report based on such evaluation;and(d)Disclosed in this report any ch

237、ange in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter(theregistrants fourth fiscal quarter in the case of an annual report)that has materially affected,or is reasonably likely to materially affect,the registrants internal co

238、ntrolover financial reporting;and5.The registrants other certifying officers and I have disclosed,based on our most recent evaluation of internal control over financial reporting,to the registrants auditorsand the audit committee of the registrants board of directors(or persons performing the equiva

239、lent functions):(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adverselyaffect the registrants ability to record,process,summarize and report financial information;and(b)Any fraud,whether

240、or not material,that involves management or other employees who have a significant role in the registrants internal control over financialreporting.Date:April 29,2024/s/DARREN W.WOODSDarren W.WoodsChief Executive OfficerEXHIBIT 31.2Certification by Kathryn A.MikellsPursuant to Securities Exchange Ac

241、t Rule 13a-14(a)I,Kathryn A.Mikells,certify that:1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;2.Based on my knowledge,this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made,in ligh

242、tof the circumstances under which such statements were made,not misleading with respect to the period covered by this report;3.Based on my knowledge,the financial statements,and other financial information included in this report,fairly present in all material respects the financial condition,result

243、s of operations and cash flows of the registrant as of,and for,the periods presented in this report;4.The registrants other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures(as defined in Exchange Act Rules 13a-15(e)and 15d-15(e)and interna

244、l control over financial reporting(as defined in Exchange Act Rules 13a-15(f)and 15d-15(f)for the registrant and have:(a)Designed such disclosure controls and procedures,or caused such disclosure controls and procedures to be designed under our supervision,to ensure that materialinformation relating

245、 to the registrant,including its consolidated subsidiaries,is made known to us by others within those entities,particularly during the period inwhich this report is being prepared;(b)Designed such internal control over financial reporting,or caused such internal control over financial reporting to b

246、e designed under our supervision,to providereasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generallyaccepted accounting principles;(c)Evaluated the effectiveness of the registrants disclosure c

247、ontrols and procedures and presented in this report our conclusions about the effectiveness of the disclosurecontrols and procedures,as of the end of the period covered by this report based on such evaluation;and(d)Disclosed in this report any change in the registrants internal control over financia

248、l reporting that occurred during the registrants most recent fiscal quarter(theregistrants fourth fiscal quarter in the case of an annual report)that has materially affected,or is reasonably likely to materially affect,the registrants internal controlover financial reporting;and5.The registrants oth

249、er certifying officers and I have disclosed,based on our most recent evaluation of internal control over financial reporting,to the registrants auditorsand the audit committee of the registrants board of directors(or persons performing the equivalent functions):(a)All significant deficiencies and ma

250、terial weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adverselyaffect the registrants ability to record,process,summarize and report financial information;and(b)Any fraud,whether or not material,that involves management or other empl

251、oyees who have a significant role in the registrants internal control over financialreporting.Date:April 29,2024/s/KATHRYN A.MIKELLSKathryn A.MikellsSenior Vice President and Chief Financial OfficerEXHIBIT 31.3Certification by Len M.FoxPursuant to Securities Exchange Act Rule 13a-14(a)I,Len M.Fox,ce

252、rtify that:1.I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;2.Based on my knowledge,this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made,in lightof the circumstances under which such

253、 statements were made,not misleading with respect to the period covered by this report;3.Based on my knowledge,the financial statements,and other financial information included in this report,fairly present in all material respects the financial condition,results of operations and cash flows of the

254、registrant as of,and for,the periods presented in this report;4.The registrants other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures(as defined in Exchange Act Rules 13a-15(e)and 15d-15(e)and internal control over financial reporting(as

255、defined in Exchange Act Rules 13a-15(f)and 15d-15(f)for the registrant and have:(a)Designed such disclosure controls and procedures,or caused such disclosure controls and procedures to be designed under our supervision,to ensure that materialinformation relating to the registrant,including its conso

256、lidated subsidiaries,is made known to us by others within those entities,particularly during the period inwhich this report is being prepared;(b)Designed such internal control over financial reporting,or caused such internal control over financial reporting to be designed under our supervision,to pr

257、ovidereasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generallyaccepted accounting principles;(c)Evaluated the effectiveness of the registrants disclosure controls and procedures and presented i

258、n this report our conclusions about the effectiveness of the disclosurecontrols and procedures,as of the end of the period covered by this report based on such evaluation;and(d)Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the r

259、egistrants most recent fiscal quarter(theregistrants fourth fiscal quarter in the case of an annual report)that has materially affected,or is reasonably likely to materially affect,the registrants internal controlover financial reporting;and5.The registrants other certifying officers and I have disc

260、losed,based on our most recent evaluation of internal control over financial reporting,to the registrants auditorsand the audit committee of the registrants board of directors(or persons performing the equivalent functions):(a)All significant deficiencies and material weaknesses in the design or ope

261、ration of internal control over financial reporting which are reasonably likely to adverselyaffect the registrants ability to record,process,summarize and report financial information;and(b)Any fraud,whether or not material,that involves management or other employees who have a significant role in t

262、he registrants internal control over financialreporting.Date:April 29,2024/s/LEN M.FOXLen M.FoxVice President and Controller(Principal Accounting Officer)EXHIBIT 32.1Certification of Periodic Financial ReportPursuant to 18 U.S.C.Section 1350For purposes of 18 U.S.C.Section 1350,as adopted pursuant t

263、o Section 906 of the Sarbanes-Oxley Act of 2002,the undersigned,Darren W.Woods,the chief executive officerof Exxon Mobil Corporation(the“Company”),hereby certifies that,to his knowledge:(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31,2024,as filed with the Securiti

264、es and Exchange Commission on the date hereof(the“Report”)fully complies with the requirements of section 13(a)or 15(d)of the Securities Exchange Act of 1934;and(ii)the information contained in the Report fairly presents,in all material respects,the financial condition and results of operations of t

265、he Company.Date:April 29,2024/s/DARREN W.WOODSDarren W.WoodsChief Executive OfficerA signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation andfurnished to the Securities and Exchange Commission o

266、r its staff upon request.EXHIBIT 32.2Certification of Periodic Financial ReportPursuant to 18 U.S.C.Section 1350For purposes of 18 U.S.C.Section 1350,as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,the undersigned,Kathryn A.Mikells,the chief financial officerof Exxon Mobil Corpo

267、ration(the“Company”),hereby certifies that,to her knowledge:(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31,2024,as filed with the Securities and Exchange Commission on the date hereof(the“Report”)fully complies with the requirements of section 13(a)or 15(d)of the

268、Securities Exchange Act of 1934;and(ii)the information contained in the Report fairly presents,in all material respects,the financial condition and results of operations of the Company.Date:April 29,2024/s/KATHRYN A.MIKELLSKathryn A.MikellsSenior Vice President and Chief Financial OfficerA signed or

269、iginal of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation andfurnished to the Securities and Exchange Commission or its staff upon request.EXHIBIT 32.3Certification of Periodic Financial ReportPursuant to 18

270、U.S.C.Section 1350For purposes of 18 U.S.C.Section 1350,as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,the undersigned,Len M.Fox,the principal accounting officerof Exxon Mobil Corporation(the“Company”),hereby certifies that,to his knowledge:(i)the Quarterly Report on Form 10-Q

271、of the Company for the quarter ended March 31,2024,as filed with the Securities and Exchange Commission on the date hereof(the“Report”)fully complies with the requirements of section 13(a)or 15(d)of the Securities Exchange Act of 1934;and(ii)the information contained in the Report fairly presents,in

272、 all material respects,the financial condition and results of operations of the Company.Date:April 29,2024/s/LEN M.FOXLen M.FoxVice President and Controller(Principal Accounting Officer)A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be retained by Exxon Mobil Corporation andfurnished to the Securities and Exchange Commission or its staff upon request.